going for growth in hertfordshire john gourd chairman hertfordshire local enterprise partnership

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Going for growth in Hertfordshire John Gourd Chairman Hertfordshire Local Enterprise Partnership

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Page 1: Going for growth in Hertfordshire John Gourd Chairman Hertfordshire Local Enterprise Partnership

Going for growth in Hertfordshire

John GourdChairmanHertfordshire Local Enterprise Partnership

Page 2: Going for growth in Hertfordshire John Gourd Chairman Hertfordshire Local Enterprise Partnership

Growth has slowed

Page 3: Going for growth in Hertfordshire John Gourd Chairman Hertfordshire Local Enterprise Partnership

…is growing...

Growth has slowed

Page 4: Going for growth in Hertfordshire John Gourd Chairman Hertfordshire Local Enterprise Partnership

Growth has slowed

Page 5: Going for growth in Hertfordshire John Gourd Chairman Hertfordshire Local Enterprise Partnership

Growth has

varied

Page 6: Going for growth in Hertfordshire John Gourd Chairman Hertfordshire Local Enterprise Partnership

Growth : a

national priority

Page 7: Going for growth in Hertfordshire John Gourd Chairman Hertfordshire Local Enterprise Partnership

What has the LEP done so far?

• Established the evidence base• Invested in key infrastructure

– Business Park Broadband– Watford Health Campus– Elstree Studios– Maylands

• Established inward investment service• Lobbied UK & EU Government for funds

...but we need a long term plan for the economy

Page 8: Going for growth in Hertfordshire John Gourd Chairman Hertfordshire Local Enterprise Partnership

LEP vision for growth

• Three elements:– 20 year vision– 10-15 year strategy– 5 year delivery plan

• Consultation - spring 2013• Needs to be focused, prioritised and

resourced to secure further investment

Page 9: Going for growth in Hertfordshire John Gourd Chairman Hertfordshire Local Enterprise Partnership

Smart growth

• Key Messages:– High value sectors, jobs and skills– Maintaining a high quality of life– Improving connectivity– Making best use of technology– Being clear on what growth and where

Page 10: Going for growth in Hertfordshire John Gourd Chairman Hertfordshire Local Enterprise Partnership

Economic growth can also deliver...

Decent income levels (increasing

the tax base)

Good health (to be able to work, and work for longer)

A better work/life balance

Secure jobs (less unemployment)

Good quality transport systems

More affordable housing

A more sustainable environment

Page 11: Going for growth in Hertfordshire John Gourd Chairman Hertfordshire Local Enterprise Partnership

Reflections

• Whilst still strong, our economy needs renewed effort

• The resources and responsibilities are shifting to localities - it is up to us

• Our growth plan is a massive opportunity to secure our future prosperity IF we can agree a collective ambition for Hertfordshire

Page 12: Going for growth in Hertfordshire John Gourd Chairman Hertfordshire Local Enterprise Partnership

Thank You

www.hertfordshirelep.co.ukTwitter: @HertsLEP