Presentation to Future of Winchester Conference
December 3rd 2015
Brief history since 2012What we are not What we are
What have we achievedBuilt a triple helix
organisation of talented creative well connected people
Created 147 jobs - ave salary £30,000
65 SMEs creating low carbon product/process
Attracted £30m Inw Inv
Env tech hub set up at UoP + wireless tech hub for SMEs
4 conferences - 800 SMEsManaged Hampshire SBN Created “GTS”, “Energise
Solent” and a “Regional Bank”
Creations - Greentech SouthThe Technology and Innovation ClusterLaunched - Annual conference on 2nd October
2015110 SMEs joined since Why do they join?
Greentech South Support to Business
• £4 Million grant scheme to assist companies in commercialising ideas
• Find new markets for export• Facilitate 200 Greentech
apprenticeships with SMEs within 2 years
Greentech South Growth
• Build a strong network of active companies with clear areas of special interest
• Create a thriving and internationally recognised World Class Cluster
Inspiring Responsible Economic Prosperity
There is no contradiction between being resource efficient and fostering economic growth.
Greentech Cluster Explained
Bringing together organisations in a geographical area who are developing and delivering new clean technologies and innovations
Why This is an Important Sector• 11,550 Businesses directly
engaged in the Low Carbon Economy• £70.8bn (£121.7bn if including
supply chain) turnover in 2013• £26.2bn (£44.9 bn if including
supply chain) in GVA in 2013.• Year on year growth in turnover
from 2010-2013 was 7.6%
Specialist Interest Groups
Finance Renewable Energies
Low Carbon
Circular Economy
Bluetech Environmental
InnovationSkills and EducationSME Development and Trade
Transport and Logistics
Our 5 year plan is to Attract £2.38 billion Create 2,000 sustainable jobs8% carbon reduction Manage a pipeline of renewable energy projects that
will create 10% of the energy for the RegionCreate our own energy company
Some Companies who succeeded: SME IOW
Sector – tidal turbine platform Need – establish an innovative tidal platform tethered to
the sea bed by a patented series of ropes that enable quick maintenance and can be raised or lowered to hit the sweet spot in the tidal flow.
Cost – £1,300,000 Grant - £100,000Created up to 15 new jobs
Some Companies who succeeded: GPS
Sector – Oil spillage control Need – Development and manufacture of a new and
highly efficient small oil recovery vessel, together with associated new equipment to fill a gap in the market
Cost £600,000 Grant £100,000 Job – creation – could be up to 20
Some Companies who succeeded: Redlux
Sector – Ultra precision engineering – non contact measurement
Need – Improve quality control in components for wind turbines – mainly bearings which can be expensive to replace. They are measured at point of production to ensure perfect curvature.
Cost – £216,000 Grant - £100,000Match – Investors. Jobs – 5
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