1. Edinburgh Economy Strategy
Draft outline November 2017
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2. Process so far June - August Scoping and internal engagement
September – October
Elected member, Business and Strategic Partner engagement
November-December
First stage drafting and feedback
January - March
Approvals, Endorsement, and Implementation planning

3. Inclusive Growth Challenge
But…
21% of children live in poverty
Edinburgh’s economy is:
16% of households are workless
Good at creating jobs
High (ish) unemployment rates among women and young people
Good at attracting investment
16% earn below the Living Wage (LWF definition)
Good at creating businesses
Populations with barriers to participation
Good at creating new opportunities
Significant skills shortages in key sectors

4. A fair economy and a thriving city
EDINBURGH ECONOMY STRATEGY
One vision for our economy
Three outcomes to aim for
and
Actions to deliver
DRAFT
Outcome 1:
People
Outcome 2:
Places
Outcome 3:
Businesses
We need action to:
Address the cost of living
Support progression into work and learning
Create pathways for career and pay progression
Create a resilient and adaptable workforce
Understand and address skills gaps for key sectors
We need action to:
Invest in quality places for people and business
Deliver workspaces to meet the changing needs of the economy
Create the Data Capital of Europe
Invest in affordable, good quality housing
Invest in transport, cultural and sporting infrastructure
We need action to:
Make it easy to do business in Edinburgh
Build scalable businesses
Support Data Driven Innovation and Inclusion
Champion Edinburgh on the International stage
Maximise the benefits of public procurement
Foster an inclusive enterprise culture

5. Making it Happen Scotland and UK wide collaboration City Partnerships
Setting out roles and partnerships:
City of Edinburgh Council
Private sector / Third Sector / Existing Networks
Edinburgh Partnerships
City Region collaboration
Links to and relationships with:
City Deal region wide governance structures and partnerships
Spatial planning regional partnerships
Scotland and UK wide collaboration
Links to and relationships with:
Scottish Government departments and agencies
Other Scottish Cities
Other UK and European city networks

6. Contact details Chris Adams Strategy and Insight