1 business investment and jobs david cockroft, assistant director: city centre and development...
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3 ….a city of the future… the public and private sectors working collaboratively supporting networks and forums supporting individual business attracting funding and projects our approach….TRANSCRIPT
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business investment and jobs
David Cockroft, Assistant Director: City Centre and Development Services
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about Coventry
Coventry compared with:
– West Midlands 5% up but with:
– England 14% down
– Peterborough 24% down
nb Warwickshire is better than Coventry but still worse than England
the challenge – GVA per head….
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….a city of the future…
• the public and private sectors working collaboratively
• supporting networks and forums
• supporting individual business
• attracting funding and projects
our approach….
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a city of the future…..
business grants and loans….
ERDF Grants to SMEs £2.1m up to £100k
ERDF Start up grants £84k up to £2k
Growing Places
All businesses £4.8m applications being reviewed
Growing Places
Small businesses £1m about to launch
RGF3 All businessesMajor developments
£1m£22m
about to launchfinalising details
RGF4 All businesses £5m with BIS
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about Coventry
• 8000 people employed in C&Ws 16 largest energy and resource companies
• 2nd largest industrial sector • renewable energy companies created at least 300
brand new jobs in last 2 years• 4000 homes have been provided with energy
saving measures in last 18 months –value of work c£22m
energy sector…. 1
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about Coventry
• re-setting the LEP agenda and raising profile of energy sector
• current DECC project providing opportunities and helping format new public private sector initiatives
• ECO should provide £20m plus of local activity• Green Bridge may help RETA members too - new
£25m RGF fund
energy sector…. 2
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a city of the future…..
Thank you
David CockroftApril 2013