City Deals

7th June 2013

Laura McGillivray & Jerry MasseyNorwich City Council

“City Deals are already playing an important role in empowering our cities and towns to innovate to drive local, private sector, growth.

Now, through the second wave, we want to give even more local areas the tools and levers they need to grow local businesses.” Nick Clegg

February 2013

Unleashing potential by “creating a SINGLE LOCAL GROWTH FUND allocated through a process of negotiation” to LEPs

George Osborne & Vince Cable

March 2013

Greater Birmingham

Bristol City Region

Leeds City Region

Liverpool City Region

Greater Manchester

Newcastle City Region

Nottingham City Region

Sheffield City Region

The Black Country

Bournemouth

Brighton and Hove

Greater Cambridge

Coventry and Warwickshire

Hull and Humber

Ipswich

Leicester and Leicestershire

Milton Keynes

Greater Norwich

Oxford and Central Oxfordshire

Reading

Plymouth

Preston and Lancashire

Southampton and Portsmouth

Southend

Stoke and Staffordshire

Sunderland and the North East

Swindon and Wiltshire

Tees Valley

1st wave 2nd wave

Boundaries of Local Enterprise PartnershipsOutside LondonThe smallest Cumbria, 500,000The biggest South East 4m

Greater Norwich City Deal Area

We will make Greater Norwich a dynamic international centre for business enterprise in life sciences to meet the global challenges of healthy ageing, food and energy security, sustainability and environmental change

Homes

Enterprise & Business

SupportInnovation

Welfare & Jobs

Skills

LocalInfrastructure

Our big idea

Our Deal - Infrastructure

• A financial package that enables £250m of investment in a five year period funded by existing and new government money, borrowing at a reduced cost, debt repayment guarantees and pooled local funding

• A housing finance package to kick start the local housing market

Our Deal - Skills

• Create higher value jobs• Locally led skills system with core role for

employers. Includes payment by results, focus on outcomes and meeting market requirements.

• Incentives package to encourage employers to invest in training

• Youth employment guarantee based on integrated employment programmes, traineeships and apprenticeships.

Our Deal – Enterprise and Innovation

• Package of measures to stimulate the growth of knowledge businesses including localised business support, access to angel co-investment funds, super fast broadband voucher scheme and technology investment support

• Innovative use of green deal to return vacant office space (c750,000sqft) to high quality flexible and cost effective accommodation.

Our journey so far…..

• Political commitment, trust and common understanding across local authorities/between tiers and with the LEP

• Significant senior officer time commitment• Engagement with Cabinet Office, DCLG and

BIS• Engaging and reassuring key stakeholders• Keep focused on the ‘end prize’• Meeting and greeting decision makers

Next steps – agreeing the Deal• Another form to be submitted

• Business case for asks and offers

• Direct link to delivery of LEP Economic Strategy

• Challenge by Ministerial Panel

• Up and running by April 2014

• Twin track with local growth fund 2015/16

What does it mean for Local Governance?

• Must be committed to Growth Agenda

• Must adopt collaborative approach

• Where is the focus – local, County, LEP, National etc?

• Growing significance of LEPs and the challenge of democratic accountability

Questions?