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

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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