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‘A rough guide to LEPland’ SWWMG 20 March 2013
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Dorset Challenges and Opportunities Challenges –Connectivity –Low productivity –Low wage economy –Skills gaps –Public sector dependence –Two speed economy –Business support Opportunities –Environmental assets –Diversity –Strong sectors –HE / FE –Redevelopment sites –Additional funding –2012 Games –Renewable energy
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Business strategy Dorset LEP will enable a strongly performing, productive and sustainable economy, with more higher value and skilled jobs, whilst harnessing Dorset’s special environment. We will make Dorset the natural place to do business.
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‘the natural place to do business’ Strong partnership Build on strengths Work with businesses Create business friendly culture/environment Deep understanding of Dorset economy Promote innovation, resilience, green knowledge intensive economy
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Dorset LEP Board Competitive Business organisations and networks Strategic economic development TalentedConnectedResponsive Business sectors
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Competitive Dorset Unleash the potential of existing businesses, encourage the creation of new ones, and attract investment. Progress: Growing Places Fund £9m DorMen Rural Net Inward Investment 2012 Olympic & Paralympic Games – British Business Embassy in Dorset Sector engagement
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Talented Dorset Enhance the skills of our current and future workforce. Progress: ESB Review of Skills Strategy Growth & Innovation Fund bid for Apprenticeship Training Academy Apprenticeships: £225,000 grant investment for SMEs National Coastal Tourism Academy £2m Science and Technology Enterprise Hub (BU)
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Connected Dorset Improve electronic and physical connectivity, particularly through high-speed broadband. Progress: Broadband £38m Use of broadband £1.8m Local Transport Body: devolution of transport funding. LSTF £19.1m secured Pinchpoint funding £12.6m bid Mobile Phone Coverage Transport hubs: ports and airport
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Responsive Dorset Create the conditions for enterprise. Progress: Engagement between DLEP Board and Dorset Environment Managers Planning Charter Endorsement of BDP Renewable Energy Strategy No EZ so DIY with Local Development Orders?
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Government agenda…? EU Investment Strategy for Dorset: EU Growth Programme 2014-2020 (ERDF, ESF, EAFRD) Strategic plan for local growth: single pot funding Bournemouth-Poole City Deal
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www.dorsetlep.co.uk
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Be inspired, be part of it! www.dorsetlep.co.uk
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