REGIONAL FUNDINGADVICE

2nd STAKEHOLDER MEETING (EXETER)

Andrew Slade South West RDA16th January 2009

What to expect

» some reminders

» where are we in the process

» key messages

» what the emerging Advice is looking like

» what still needs doing?

» what next?

Yesterday is but today’s memory, tomorrow is today’s dream

KAHLIL GIBRAN

SOME REMINDERS ON RFA2

What is RFA2 about?

» to focus on: sustainable economic

growth» to include: economic development, transport and housing funding streams, and skills

» to assist: the delivery of existing

strategies» to advise on: spending of existing funding streams (not a bidding/begging exercise)

Government expectations» innovative approaches and big

ideas

» ‘virement’ across streams

» alignment with national priorities

» thematic and spatial integration

What you told us last time» keep our eye on the long-term, despite the recession» improve connectivity – transport and communications

» low carbon ambitions are important

» demonstrate integration

» manage any transport underspend

We must ask where we are and whither we are attending

ABRAHAM LINCOLN

WHERE WE ARE IN THE PROCESS

Timetable

Main Stages Oct Nov Dec Jan Feb 1. Evidence & analysis

2. ‘Block’ priorities

3. Develop draft integrated advice

4. Develop final advice

5. Sign-off and submission

Progress to date

» establishing principles and

project plan» compiling evidence base and consulting on priorities» consulting Assembly Exec/RDA Board/Leaders Board on emerging direction

» producing early drafts of advice

Consultation» 2 x Stakeholder Conferences» joint RDA Board, SW Leaders and SW Executive meeting

» LA submissions» thematic task groups » meetings/networks presentations» joint project group

. . . and the art of life is to get the message

MALCOLM MUGGERIDGE

KEY MESSAGES

Your messages to us

» keep our eye on the long-term, despite the recession» improve connectivity – transport and communications

» low carbon ambitions are important

» demonstrate integration

» manage any transport underspend

The region’s messages to HMG

» we are addressing short term challenges while remaining focused on clear strategic goals» we have (some) innovative proposals for taking forward regional investment planning » we want to go further on low carbon than national standards » we need greater flexibility between capital and revenue streams (within limits)» we could do more with more resources

We should be careful and discriminating in all the advice we give.”

ADLAI STEVENSON

WHAT THE EMERGING ADVICE

IS LOOKING LIKE

Structure

3 Strategic Objectives:

» a more productive economy

» reducing disparities

» environmental sustainability

Structure

Necessary Conditions:

» creating conditions that foster business enterprise and innovation

» a skilled and adaptable workforce

» improved communications

» an affordable and high quality housing market

Structure

Importance of Place

» retain focus on existing priority places as drivers of improved productivity» concentrate housing growth ? » deliver transport and ICT connectivity between key places, and to more rural areas

Structure

Low Carbon

» reducing carbon emissions in delivery of projects» investing in low carbon solutions» creating a more resilient region» creating business opportunities» positioning the region

Transport

» more schemes than budget & ‘over-programming’ – asks and deliverability» connectivity» place-based allocation» meeting wider priorities» delivering low carbon? – public/private transport balance»underspend on RFA(1)

Structure

Opportunities for improving regional technical / delivery capacity:

» SNR/new regional governance arrangements

» expanded RIF / joint investment planning

» future scope of RFA process

RES RSS RTS RHS

THE STRATEGIES

OVERARCHING GOALS

ENVIRONMENTAL SUSTAINABILITY

ADDRESS DISPARITIES

PRODUCTIVE ECONOMY

NECESSARY CONDITIONS

COMMUNICATIONS INNOVATION

SKILLS AFFORDABILITY

INVESTMENT STRATEGY

WHAT? WHERE? HOW?

INVESTMENT PRIORITIES

PRIORITY PLACES&

REGIONAL PROGRAMMES

BA

RR

IER

S?

CA

PA

CIT

YG

OV

ER

NA

NC

E

LOW CARBON

ALIGNED INVESTMENT

PROCESS

PROGRAMMEMANAGEMENT

So…

Believe you can and you are halfway there

THEODORE ROOSEVELT

WHAT STILL NEEDS DOING?

Content

» final drafting and completing evidence base » ensuring low carbon ambitions read across the advice» strengthen evidence of innovation» risk management» +/- 10% strategy» articulate ambitions if we could secure more funding

Decisions to be made

» prioritisation and integration

» virement strategy

» regional capacity / deliverability / co-

ordination

Change starts with the next step

WILLIAM DRAYTON

WHAT HAPPENS NEXT?

Getting towards sign-off

» Assembly Exec, SW Leaders Board & RDA Board sign off advice individually (early Feb)» joint meeting(s) in late February» final submission to Ben Bradshaw by 27th February» meeting with the Minister?

Challenges - will the South West’s Advice be:

» ambitious enough?

» innovative and eye-catching?

» will the priorities leap off the

page?

» will we strike the right balance

between regional / sub-regional &

local?

We have to make this Advice

count.

ISSUES AND QUESTIONS FOR THE RFA2 TEAM?

Workshop 1

Focus on:

» key messages to government

» future opportunities for regional

approach

Workshop 2

Focus on:

» strategic objectives and necessary conditions, place and low carbon » achieving integrated investment