RECOMMEND 2 nd Working Summit 26 – 28 November 2012 Neil Darwin, Chief Executive Opportunity Peterborough

What does Opportunity Peterborough do? Inward Investment – ensure the City is visible Economic Development – support local business ambitions Create conditions to increase skills levels Increase our knowledge of the local economy - the City’s economic development company

Peterborough Population : 185,000 Well connected!! One of the UK’s fastest growing cities Appetite to grow even faster Environment Capital

The old region – Regional Development Agencies Much like the rest of Europe

The Local Enterprise Partnership Our new regional ties No money!

An overview of the area A population of 1.3 million Estimated to grow to 1.5 million by 2031 Currently home to: 700,000 jobs 60,000 enterprises Generating £30billion per annum

Priority areas Skills and Employment Strategic economic vision, infrastructure, housing and planning Economic development and high growth businesses Funding, bids and proposals in conjunction with the private/public/voluntary sectors and business; including EU funding, regional growth funding, and private sector

Our barriers Infrastructure deficit, especially transport Not enough homes Not enough affordable homes Skills ‘coldspots’ Loss of funding and capacity to address these

Our economy 5,500 registered businesses Strong diverse economy NCL manufacturing history Strong, modern Environment sector – 300 companies Large financial services; large food/drink industry

The future 25,000 new homes; 20,000 new jobs Growth of our ‘Enviro Cluster’ City as ‘market leader’ Exemplar for growth – ‘saying’ and ‘doing’