University of Warwick Network365 Session 31 August 2016 Paula Deas, CWLEP Operations Director

What we are: Public : private sector partnership – led by the private sector Construct of previous coalition government – took over some of the role of RDA’s but without the cash Started in January 2011 with simple objectives to: – Create business growth – Create (high value) jobs – Remove barriers to growth Retained by current administration – seen to deliver

Plus all District Leaders are invited to attend Board meetings Who we are: CHAIRMAN Jonathan Browning Karl Eddy: Vice Chairman Partner, Grant Thornton Cllr Abdul Khan: Deputy Leader, Coventry City Council Pete Richings: Director, Jaguar Land Rover Cllr Izzi Seccombe: Leader Warwickshire County Council Nick Abell: Senior Partner, Wright Hassall Cllr June Tandy: Leader Labour Group WCC Sean Farnell: Partner, Burgis & Bullock Cllr Jim O’Boyle: Cabinet Member Coventry City Council Paul Kehoe: CEO, Birmingham International Airport Cllr Andrew Mobbs: Leader Warwick District Council Catherine Mallyon: Executive Director, RSC Cllr Chris Saint: Leader Stratford District Council Sarah Windrum: Director, Emerald Communications Professor John Latham: Vice-Chancellor: Coventry University Professor Stuart Croft: Vice Chancellor and President, University of Warwick Martin Yardley: Chief Executive Plus all District Leaders are invited to attend Board meetings

What we’ve done so far: Secured a successful City Deal Bid Set up a highly regarded Growth Hub helping businesses to locate, prosper and grow in C&W Developed a Strategic Economic Plan for C&W which identified areas for investment Subsequently secured Growth Deal(s) bringing in £90M+ of Government investment with more to come Total capital funding secured c£300M Contributed to the work of the WMCA, the Devolution Deal and the ‘SuperSEP’ Non-Constituent member of the WMCA

What do people say about us: Government: ‘…this area has the strongest set of LEPs in the country…’ George Osborne 17th November 2015 Public: ‘Once removed’ Critics: eg NAO ‘….standards of governance and transparency…’ ‘(Insufficient) resources .. needed to meet the standards required in assurance frameworks …… considerable gaps in LEPs’ compliance with the Department’s requirements.’ Businesses & Stakeholders: Setting the vision and delivering economic growth

How does the University fit in? There from the start – founding partner Part of the key to success – HE/innovation/large employer Board: Executive: Professor Simon Swain Kate Hughes Sam Hardy Wendy Coy Paul Marshall Tim Powell Alan Rivett Professor Stuart Croft

What have been the benefits for the University? JLR/APC WMG Academy for Young Engineers (Coventry) Lead role in ‘City of Culture 2021’ bid The Chancellor’s Commission

What have been the benefits for the University? NAIC

What have been the benefits to C&W? Transformation of the wider area: City Centre Coventry Improved transport (e.g Kenilworth Station) Simplified business growth services(CW) Business Start-Up services (Stratford) Silicon Spa - gaming and creative digital(Leamington Spa) Logistics in North Warks. and Rugby

What about the next 5 years? Remaining Local Growth Fund More Devolution of powers and cash Mayoral influence Changing political landscape LEP’s – here or not? Universities vital in whatever scenario https://youtu.be/2h_c0UUinig