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

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Presentation on theme: "RECOMMEND 2 nd Working Summit 26 – 28 November 2012 Neil Darwin, Chief Executive Opportunity Peterborough."— Presentation transcript:

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

2 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

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

4 The old region – 1997 - 2009 Regional Development Agencies Much like the rest of Europe

5 The Local Enterprise Partnership Our new regional ties No money!

6 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

7 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

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

9 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

10 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’


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