REGIONAL FUNDING ADVICE 2 nd STAKEHOLDER MEETING (EXETER) Andrew Slade South West RDA 16 th January 2009

What to expect » some reminders » where are we in the process » key messages » what the emerging Advice is looking like » what still needs doing? » what next?

Yesterday is but today’s memory, tomorrow is today’s dream KAHLIL GIBRAN SOME REMINDERS ON RFA2

What is RFA2 about? » to focus on: sustainable economic growth » to include: economic development, transport and housing funding streams, and skills » to assist: the delivery of existing strategies » to advise on: spending of existing funding streams (not a bidding/begging exercise)

Government expectations » innovative approaches and big ideas » ‘virement’ across streams » alignment with national priorities » thematic and spatial integration

What you told us last time » keep our eye on the long-term, despite the recession » improve connectivity – transport and communications » low carbon ambitions are important » demonstrate integration » manage any transport underspend

We must ask where we are and whither we are attending ABRAHAM LINCOLN WHERE WE ARE IN THE PROCESS

Timetable Main StagesOctNovDecJanFeb 1. Evidence & analysis 2. ‘Block’ priorities 3. Develop draft integrated advice 4. Develop final advice 5. Sign-off and submission

Progress to date » establishing principles and project plan » compiling evidence base and consulting on priorities » consulting Assembly Exec/RDA Board/Leaders Board on emerging direction » producing early drafts of advice

Consultation » 2 x Stakeholder Conferences » joint RDA Board, SW Leaders and SW Executive meeting » LA submissions » thematic task groups » meetings/networks presentations » joint project group

... and the art of life is to get the message MALCOLM MUGGERIDGE KEY MESSAGES

Your messages to us » keep our eye on the long-term, despite the recession » improve connectivity – transport and communications » low carbon ambitions are important » demonstrate integration » manage any transport underspend

The region’s messages to HMG » we are addressing short term challenges while remaining focused on clear strategic goals » we have (some) innovative proposals for taking forward regional investment planning » we want to go further on low carbon than national standards » we need greater flexibility between capital and revenue streams (within limits) » we could do more with more resources

We should be careful and discriminating in all the advice we give.” ADLAI STEVENSON WHAT THE EMERGING ADVICE IS LOOKING LIKE

Structure 3 Strategic Objectives: » a more productive economy » reducing disparities » environmental sustainability

Structure Necessary Conditions: » creating conditions that foster business enterprise and innovation » a skilled and adaptable workforce » improved communications » an affordable and high quality housing market

Structure Importance of Place » retain focus on existing priority places as drivers of improved productivity » concentrate housing growth ? » deliver transport and ICT connectivity between key places, and to more rural areas

Structure Low Carbon » reducing carbon emissions in delivery of projects » investing in low carbon solutions » creating a more resilient region » creating business opportunities » positioning the region

Transport » more schemes than budget & ‘over- programming’ – asks and deliverability » connectivity » place-based allocation » meeting wider priorities » delivering low carbon? – public/private transport balance » underspend on RFA(1)

Structure Opportunities for improving regional technical / delivery capacity: » SNR/new regional governance arrangements » expanded RIF / joint investment planning » future scope of RFA process

RESRSSRTSRHS THE STRATEGIES OVERARCHING GOALS ENVIRONMENTAL SUSTAINABILITY ADDRESS DISPARITIES PRODUCTIVE ECONOMY NECESSARY CONDITIONS COMMUNICATIONSINNOVATION SKILLSAFFORDABILITY INVESTMENT STRATEGY WHAT?WHERE?HOW? INVESTMENT PRIORITIES PRIORITY PLACES & REGIONAL PROGRAMMES BARRIERS? CAPACITY GOVERNANCE LOW CARBON ALIGNED INVESTMENT PROCESS PROGRAMME MANAGEMENT So…

Believe you can and you are halfway there THEODORE ROOSEVELT WHAT STILL NEEDS DOING?

Content » final drafting and completing evidence base » ensuring low carbon ambitions read across the advice » strengthen evidence of innovation » risk management » +/- 10% strategy » articulate ambitions if we could secure more funding

Decisions to be made » prioritisation and integration » virement strategy » regional capacity / deliverability / co-ordination

Change starts with the next step WILLIAM DRAYTON WHAT HAPPENS NEXT?

Getting towards sign-off » Assembly Exec, SW Leaders Board & RDA Board sign off advice individually (early Feb) » joint meeting(s) in late February » final submission to Ben Bradshaw by 27 th February » meeting with the Minister?

Challenges - will the South West’s Advice be: » ambitious enough? » innovative and eye-catching? » will the priorities leap off the page? » will we strike the right balance between regional / sub-regional & local? We have to make this Advice count.

ISSUES AND QUESTIONS FOR THE RFA2 TEAM?

Workshop 1 Focus on: » key messages to government » future opportunities for regional approach

Workshop 2 Focus on: » strategic objectives and necessary conditions, place and low carbon » achieving integrated investment