Welcome and Introduction Councillor Will Mumford Portfolio Holder for Economic Regeneration & Strategic Planning Devon County Council

Government Office for the South West Sally Edgington Assistant Director Economy, Growth & Regeneration

South West RDA A Few Pointers for Life After the RDA Andrew Southall Head of Business Development

Devon and the Peninsula – A Unique Economy Rob Hetherington Chief Economist Devon County Council

Anything but Average National policy deals with national averages –Balances national priorities Regional structures deal with regional averages –Compromises over regional issues

Devon Stands Out Four times more agricultural activity Over one third of employees work part time A quarter of all business below the VAT threshold One third less employment in the finance sector Twice as many tourism businesses One third of all employment is in the public sector

Productivity Plymouth £36,700

A Growing Population 10 year growth rates – 7.6%; 5.3% UK Over 65 growth rates – 11.8%; 8.9% UK

Common Threads Characteristics shared across the peninsula Over 53 thousand commuters Around 10 Million visitors each year Home to almost 50 thousand students HQ functions Broadband connectivity

Standing Together A population of over 1.5 million Around 700 thousand workers £24 Billion output Around 10 Million visitors each year Over 70 thousand businesses 23% of people work in a large company (over 30% nationally) Over 26% work in firm of less than 10 employees (less than 21% nationally) Strong learning and research base

The Peninsula

Peninsula Partnership Ian Harrison Deputy Executive Director of Environment, Economy & Culture Devon County Council

Principles for Partnership Giving business a real influence on strategy Adopting a common strategic approach across the whole area Putting delivery at the lowest possible level (subsidiarity) Avoiding creation of bureaucracy

Partnership Objectives Create the conditions for businesses to prosper Capitalise upon the natural advantages of the area Use our USP to best advantage

Common Needs Improved infrastructure for community (transport, ICT) Over dependence on public sector employment Skilled workforce Affordable housing

Opportunities Shared appetite for growth Track record on science and innovation Low carbon, particularly marine renewables Visitor economy Experience of European funding

Partnership Governance Business led board Local government Higher education Local delivery framework

Questions Councillor Will Mumford Portfolio Holder for Economic Regeneration & Strategic Planning Devon County Council

Consultation Questions Do you think it appropriate that Devon County Council works on enterprise partnership issues with our neighbours? Yes, many issues need a wider collaborative approach No, Devon County Council should only tackle issues within Devon No, growth must be driven at a national level Not sure

Consultation Questions Which of these functions do you think need tackling at a local level, peninsula level, or national level: Local level Peninsula Level National level Enterprise and business support Employment Skills development Research and analysis Agreeing local growth priorities Sector development Coordinate local funding Inward Investment Marketing and Promotion Planning (development control) Local economic infrastructure (e.g. strategic transport) Housing Broadband access Supporting the marine industries Support for the tourism Industry Transition to low carbon economy Representation at national level

Consultation Questions Do you think it appropriate that Devon County Council works on enterprise partnership issues with our neighbours? Yes, many issues need a wider collaborative approach No, Devon County Council should only tackle issues within Devon No, growth must be driven at a national level Not sure

Consultation Questions Which of the following statements do you agree with? The enterprise partnership should be: A mix of business people and the public sector Democratically accountable through the local authority Limited in its public sector role Only run by the private sector Not sure

Consultation Questions What would you like to see a peninsula enterprise partnership achieve over the next 5 years?

Closing Remarks Councillor Will Mumford Portfolio Holder for Economic Regeneration & Strategic Planning Devon County Council