Greater Birmingham and Solihull LEP

Business Event

21st April 2011

Welcome

Bridget Blow

LEP Development Board Chair

Objectives for the Event

Introduce the LEP Board Chair Announce the LEP Board Members Outline progress of the LEP Update on Regional Growth Fund and Enterprise Zones Feedback on the LEP Stakeholder Survey Explore how businesses can contribute to the LEP

Board Recruitment

Over 80 applicants for 9 positions Rigorous selection process Board to reflect geography, key sectors and different

sizes of business Fixed terms for Board Members Desire to utilise skills and enthusiasm of applicants in

the work of the LEP

Board Membership – Public Sector

Birmingham City Council - Cllr Mike Whitby Solihull Metropolitan Borough Council - Cllr Ian Hedley East Staffordshire Borough Council - Cllr Richard Grosvenor Lichfield District Council - Cllr Michael Wilcox Tamworth District Council - Cllr Daniel Cook Cannock Chase District Council - Cllr Neil Stanley Bromsgrove District Council (on behalf of the North Worcs LAs) -

Cllr Roger Hollingworth University and Colleges Representative – Prof David Eastwood,

Vice-Chancellor, University of Birmingham

Board Membership – Private Sector

Andy Street (Chair) – Managing Director of John Lewis Steve Hollis (Deputy Chair) - Midlands Chairman, KPMG Alan Volkearts - Operations Director, Jaguar land Rover Brian Francis – European Group Chairman, ThyssenKrupp David Kaye – Managing Director, National Express Nick Bunker – President of Kraft Foods & Cadbury UK /Ireland Paul Heaven – Owner, Manager - Blue Sky Corporate Finance Rob Brown – Group Managing Director, Roger Bullivant Limited Wade Lyn – Managing Director, Island Delights

My Role as Chair of the LEP

Andy Street

LEP Board Chair

The LEP’s Journey

Bridget Blow

LEP Development Board Chair

Our Vision

“To create and support a globally competitive knowledge economy - the natural home for Europe’s

entrepreneurs and wealth creators.

A global leader in innovation and enterprise”

Key Aims

Increase GVA by 30% (£8.25bn) by 2020 Create 100,00 Private sector jobs by 2020 Boost indigenous and inward investment Achieve global leadership in key sectors Build a world class workforce

Our Journey - June to Dec 2010

29 June August 6 Sept 28 Oct 10 Nov 24 Nov

Government invites LEPs

proposals

Business events to Identify priorities

LEP Submission

MadeLEP

approvedCannock

Chase Joins

1st Meeting Development

Board

Bromsgrove Joins

January to March 2011

18 Jan 31 Jan 10 Feb 24 Feb 28 Mar 31 Mar

Greater Birmingham & Solihull name

agreed

LEP “endorses” RGF1 bids

Closing Date for Board

Recruitment

Redditch and Wyre Forest

Join

Bid submitted to LEP

Capacity Fund

Communications strategy agreed

Planning and Business Support working groups established

Decision to establish LEP as a Company

limited by guarantee

Decision to create an integrated

employment & skills

structure

April 2011 onwards

7 April 12 April 18 April 21 April April - May May

Andy Street Chair of LEP

Board

RGF Round 2 launched

Decision to submit

Expression of Interest for

Enterprise Belt

LEP Board Members

announced

LEP RGF Round 2 briefings

LEP Website launch

Successful RGF Round 1 bids announced

Decision to locate Enterprise

Zone in Birmingham

Regional Growth Fundand Enterprise Zones

Jerry Blackett

Chief Executive of the Birmingham Chamber of Commerce Group

RGF Round 1 (i)

Frustrating process: criteria slow to emerge Nationally, 450-plus bids submitted:

50 successful (£450m) £2.5 billion private sector investment 28,000 direct & 97,000 indirect jobs

5 bids successful in West Mids £108 million 6,200 (22%) direct / 35,000 (36%) indirect jobs

RGF Round 1 (ii)

Our LEP will receive 19% of allocation: A45: £15.7 million JLR R&D/apprenticeship bid: £70 million

75% failed on technical grounds e.g. State Aid; Green Book. Projects can re-bid into Round 2.

RGF – Round 2

Main bidding round – nearly £1 billion allocated Specific bidding criteria available on www.bis.gov.uk/rgf LEPs expected to play active role Open to projects/project packages/programmes that create

jobs/growth e.g. Stimulate sustainable private sector activity Remove barriers to private sector growth Minimum £1 million RGF assistance.

One application form instead of two and opportunity to file “Expression of Interest” first

RGF Round 2 – LEP Support

Further information available immediately after today’s LEP event

LEP surgery (chargeable) To provide:

More detail on State Aid; Green Book modelling; due diligence; key assessment criteria

One-to-one advice will be available. BIS Roadshow expected mid-May to early-June.

What is an Enterprise Zone?

Financial and planning incentives for businesses Superfast broadband Infrastructure Financial and other incentives for local authorities Informed by lessons from the 1980s EZs Focus on areas of opportunity rather than need (up to

150 hectares/not contiguous)

Our Approach

EZ as part of a wider strategy Growth areas Connected to the LEP and to national and world markets With a comprehensive business support service

Birmingham chosen because of investment and jobs potential And its revenue contribution to the LEP’s wider strategy To be followed by a bid for an Enterprise Belt

Next Steps

26/04/11 submission of Birmingham EZ proposal to Government 30/04/11 submission of bid for Enterprise Belt 31/03/12 develop simplified planning arrangements 31/03/12 framework for discounted business rates 31/03/12 detailed plans for infrastructure 31/03/12 financial mechanism for LEP to hold all revenues

Roundtable Discussion

Bridget Blow

LEP Development Board Chair

LEP Stakeholder Survey

Undertaken in Feb 2011 - 170 responses

Headlines: Skills Development and Access to Finance key to

creating an Enterprise Culture Securing inward investment and investment in key areas

top priorities Considerable support offered to the LEP

Five Priority Areas

Supporting our businesses Supporting innovation and high growth companies Skills Connecting the LEP internally and to the world Infrastructure

Business Contribution

Support of local businesses is needed if the LEP is to maximise its potential

Significant assistance provided to date

Looking for bold and innovative ways you can help

Roundtable Discussion

How can business contribute to these priority areas?

What support can you / your organisation specifically pledge?

Feedback and Panel Q&A

Led by Andy Street

Thank you for attending