Welcome and Introduction
Councillor Will MumfordPortfolio Holder for Economic
Regeneration & Strategic PlanningDevon County Council
Government Office for the South West
Sally Edgington
Assistant Director Economy, Growth & Regeneration
South West RDAA Few Pointers for Life
After the RDA
Andrew Southall
Head of Business Development
Devon and the Peninsula – A Unique Economy
Rob Hetherington
Chief Economist
Devon County Council
Anything but Average
• National policy deals with national averages
– Balances national priorities
• Regional structures deal with regional averages
– Compromises over regional issues
Devon Stands Out• Four times more agricultural activity
• Over one third of employees work part time
• A quarter of all business below the VAT threshold
• One third less employment in the finance sector
• Twice as many tourism businesses
• One third of all employment is in the public sector
Productivity
Cornwall£33,100
Plymouth£36,700
Torbay£33,000
Dorset£38,300
Somerset£38,000
Devon£35,700
A Growing Population
• 10 year growth rates – 7.6%; 5.3% UK• Over 65 growth rates – 11.8%; 8.9% UK
Proportion of population over 65 years old - 2008
0
5
10
15
20
25
Exete
r
Plymou
th UK
SW P
enins
ula
Cornw
all
Devon
Isles
of S
cilly
Torba
y
% o
f to
tal
Common Threads
• Characteristics shared across the peninsula
• Over 53 thousand commuters
• Around 10 Million visitors each year
• Home to almost 50 thousand students
• HQ functions
• Broadband connectivity
Standing Together
• A population of over 1.5 million• Around 700 thousand workers• £24 Billion output • Around 10 Million visitors each year• Over 70 thousand businesses• 23% of people work in a large company
(over 30% nationally)• Over 26% work in firm of less than 10
employees (less than 21% nationally)• Strong learning and research base
The Peninsula
Peninsula Partnership
Ian HarrisonDeputy Executive Director of
Environment, Economy & CultureDevon County Council
Principles for Partnership
• Giving business a real influence on strategy
• Adopting a common strategic approach across the whole area
• Putting delivery at the lowest possible level (subsidiarity)
• Avoiding creation of bureaucracy
Partnership Objectives
• Create the conditions for businesses to prosper
• Capitalise upon the natural advantages of the area
• Use our USP to best advantage
Common Needs
• Improved infrastructure for community (transport, ICT)
• Over dependence on public sector employment
• Skilled workforce
• Affordable housing
Opportunities
• Shared appetite for growth
• Track record on science and innovation
• Low carbon, particularly marine renewables
• Visitor economy
• Experience of European funding
Partnership Governance
• Business led board
• Local government
• Higher education
• Local delivery framework
Questions
Councillor Will MumfordPortfolio Holder for Economic
Regeneration & Strategic PlanningDevon County Council
Consultation Questions
Do you think it appropriate that Devon County Council works on enterprise partnership issues with our neighbours?
Yes, many issues need a wider collaborative approach
No, Devon County Council should only tackle issues within Devon
No, growth must be driven at a national level
Not sure
Consultation QuestionsWhich of these functions do you think need tackling at a local level, peninsula level, or national level: Local level Peninsula Level National level
• Enterprise and business support • Employment • Skills development • Research and analysis • Agreeing local growth priorities • Sector development • Coordinate local funding • Inward Investment • Marketing and Promotion • Planning (development control) • Local economic infrastructure (e.g. strategic transport) • Housing • Broadband access • Supporting the marine industries • Support for the tourism Industry • Transition to low carbon economy • Representation at national level
Consultation Questions
Do you think it appropriate that Devon County Council works on enterprise partnership issues with our neighbours?
Yes, many issues need a wider collaborative approach
No, Devon County Council should only tackle issues within Devon
No, growth must be driven at a national level
Not sure
Consultation Questions
Which of the following statements do you agree with? The enterprise partnership should be:
A mix of business people and the public sector
Democratically accountable through the local authority
Limited in its public sector role
Only run by the private sector
Not sure
Consultation Questions
• What would you like to see a peninsula enterprise partnership achieve over the next 5 years?
Closing Remarks
Councillor Will Mumford
Portfolio Holder for Economic Regeneration & Strategic Planning
Devon County Council