ENTERPRISE PARTNERSHIP Paul Briggs Thames Valley Chamber of Commerce and Industry ENTERPRISE PARTNERSHIP Today, we hope to: • Clarify the position with Local Enterprise Partnerships • Listen to your views • Understand the opportunities • Your comments, suggestions, your aspirations • Following discussion – ‘a way forward’ ENTERPRISE PARTNERSHIP 29th June – Eric Pickles/Vince Cable Letter • Following this letter we have entered into discussions with: • Thames Valley Group - Chamber Councils • Wider Business Community • FSB/CBI/IOD • Economic Partnerships • Public sector Colleagues ENTERPRISE PARTNERSHIP Thames Valley Group of Chambers Opinion & Advocacy - Communication Structure Including Chambers for more localised representation: BUCKS •South Bucks OXFORDSHIRE SLOUGH •Wycombe •Chilterns SWINDON TVCC COUNCIL & Business Alliance WEST BERKSHIRE BRACKNELL WOKINGHAM READING Our Scope of influence ENTERPRISE PARTNERSHIP ENTERPRISE PARTNERSHIP Thames Valley Chamber • Ideally placed to assist in this process • Acting as honest broker • Facilitating dialogue • Sharing information ENTERPRISE PARTNERSHIP A way forward: • Consolidate comments to date • Evaluate & consider our economic priorities • Move closer to identifying the achieving a LEP • Overcome any barriers/Trust between partners • Move towards achieving a sustainable and effective LEP ENTERPRISE PARTNERSHIP Paul Britton Thames Valley Chamber of Commerce and Industry Thames Valley Chamber ENTERPRISE PARTNERSHIP Guidance from Government • A two page letter! Functional economic area, natural economic geography, multiple upper tier authorities • Two departments involved CLG and BIS. Difference in priorities- how large a geography? 12 or 40! • BCC ministerial meetings and detailed consultations - No 1 issue that BCC is being asked by Ministers to contribute to is “Economic Geography” • The comprehensive spending review is likely to bring another layer of significant cuts. BIS – this may be October • The Government has set Sept 6 for a deadline for outline proposals. ENTERPRISE PARTNERSHIP Feedback from Chamber Councils • They’re interested ! and looking for information and opportunities to engage. • Points raised by members, – Public-sector led. Need for greater business involvement – cohesive approach capturing wider representation (Greater Thames Valley). A greater voice. – call to action from members for TVCC to act as an intermediary or if necessary show leadership. • The rebalancing agenda of Government is of real concern. • We must mobilise our global brands as Thames Valley Champions. • Business feels that the proposals must include a mechanism for them to influence and lobby barriers to growth • Two way street ENTERPRISE PARTNERSHIP Thames Valley – Current Picture • Number of proposals in discussion with their own credible economic priorities • Businesses are supporting their current Local Enterprise Partnership proposal • Business organisations CBI, TVCC, IOD view - no smaller than the Thames Valley should be submitted as a proposal. • Recognition from other LEP proposals that one Thames Valley submission would be more effective • Stakeholders around the region, parts of Berkshire, Buckinghamshire and Swindon are still in conversation with each other. • Given the timescale we now must find a way to support and work with each other. ENTERPRISE PARTNERSHIP Christina Howell Thames Valley Chamber of Commerce and Industry Setting out the Business Vision… so far Thames Valley Enterprise Partnership ENTERPRISE PARTNERSHIP Thames Valley Enterprise Partnership Proposal to Government Berkshire Chapter Buckinghamshire Chapter Oxfordshire Chapter Functional EP Functional EP Functional EP Thames Valley Enterprise Partnership ENTERPRISE PARTNERSHIP Thames Valley Enterprise Partnership Strategic High Level Priorities Across Boundaries Thames Valley Enterprise Partnership Proposal to Government Berkshire Chapter Buckinghamshire Chapter Oxfordshire Chapter Functional EP Functional EP Functional EP • Strategic Advocacy to Government • Leading Inward Investment • Sector Economic Priorities • Cross-border consultation with business ENTERPRISE PARTNERSHIP Mechanisms to Mitigate Barriers to Growth • Cross border, strategic coordination & business consultation • spatial & cross border planning, housing, affordable housing, transport, people development • Effective Micro, Small & Medium-sized enterprise business support • Sustainable business practice promotion & facilitation ENTERPRISE PARTNERSHIP Functional Enterprise Partnerships • Determining more localised priorities • Controlling more localised priorities • Drawing on support and leverage from the Thames Valley Enterprise Partnership • Recognising and accommodating agreed priorities at a TV level Thames Valley Enterprise Partnership Proposal to Government County Districts Sector Chapter Chapter Chapter Functional EP Functional EP Functional EP ENTERPRISE PARTNERSHIP Functional Economic Partnerships • Autonomy to address priorities • Engagement at a County, district and town level via business organisations – scalable to national • Delivering innovative, employer ready and entrepreneurial individuals • Promotion of sustainable business practice • Leverage and support for public, community, voluntary and business CSR objectives ENTERPRISE PARTNERSHIP Sector Support • Establish, recognise, communicate, support & leverage • No geographic borders, co-operation and consolidation with fellow LEPs • Collaboration, awareness and partnership with business, gaining maximum leverage “Centres’ , Institutions and Academies of Excellence” Entrepreneurship Low Carbon & Green Technology R&D, Innovation, Education International Trade Bio-tech, Health-tech, Hi-tech, Pharma, Life-science, Creative Research Councils Aviation ENTERPRISE PARTNERSHIP In Summary • • Business Opinion – Business does not conform to geographical boundaries – A Thames Valley Enterprise Partnership is the most effective size for strategic priorities – A few strategic priorities Businesses Key Priorities – Economic Development • International Collaboration and Export opportunities • Establishing cooperation and additionality wherever possible e.g. – Enterprise support – International Collaboration, Investor support, Export Growth – Leveraging knowledge-based industries and educational resources – Sector Support » Green Technologies » Hi-tech Manufacturing » Knowledge-based economy ENTERPRISE PARTNERSHIP Next Steps • Decision – • • Communication – TVCC offer as a neutral place to meet – 01753 870500 – Email: EP@thamesvalleychamber.co.uk for feedback, questions or opinion – http://www.thamesvalleyenterprisepartnership.co.uk/ for documents Agreement & Inclusion – • Consider Information and feedback Discuss options with respective stakeholders Collaboration – Establish a team to collate a proposal from interested parties