Association of University Administrators The Regional Funding Dimension

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Association of University AdministratorsThe
Regional Funding Dimension

• Ian Haythornthwaite
• 11th November 2004

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NWDA Achievements to Date

• Created or safeguarded over 132,000 jobs
• Supported over 8,000 new business start ups
• Reclaimed 3,000 hectares of brownfield land
• Provided over 2,000,000m2 new/refurbished
  industrial or commercial floorspace
• Levered over 1.8 billion of private investment

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Strategic Investment Plan

• We have a three year Strategic Investment Plan -
  1.4bn
• Approved by the Board and shared with DTI, GONW
  and Partners
• Viewed as a model of good practice in the sector
• All schemes are prioritised using factors agreed
  by the Board

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Setting Priorities

• Delivery of the Regional Economic Strategy (RES)
• Business Development
• Regeneration
• Skills and Employment
• Infrastructure
• Image
• Leverage of other funding including European (EU)
  match funding
• Existing commitments
• Value for money/commerciality
• Manageability and delivery

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Regional Economic Strategy

• Statutory requirement
• Key regional document
• NWDA and partners
• Focus and integration
• Added value
• 3-year review

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Regional Economic Strategy
Structure of the Strategy
1 Vision 5 Priorities 10 Objectives
50 Key Activities 4 Principles
Regional Opportunities
Performance measures
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Regional Economic Strategy

• The Vision
• To transform Englands Northwest
• through sustainable economic development.

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Regional Economic Strategy

• Principles Underpin the RES
• Sustainable development
• Linking opportunity and need
• Partnership and subsidiarity
• Equality and diversity

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Regional Economic Strategy

• Priorities

Business Development
Regeneration
Skills Employment
Infrastructure
Image
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Skills and Employment

• Higher Education as-
• Strategic Partner
• Stakeholder
• Supplier of Products

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Fifteen Higher Education Institutes as

• Strategic Partner
• Major source of influence
• Commercial impact 4 billion p.a
• Professional knowledge and research 125 million
  RD
• Shaping solutions

• Stakeholder
• Annual turnover of 1.3billion
• Employers, direct 29,000 staff and indirect
  outsourcing
• Winning 170 million grants and research
• Capital buildings lands property and cultural
  assets

• Suppliers
• Products, Services and solutions
• Qualifications
• 200,000 fulltime students
• 53,000 graduating annually
• 450,000 students in learning
• Supporting sectors

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REACH OUT engagement a core value
STRONG ECONOMY
STRONG SOCIETY
REGENERATION
Engagement with BUSINESS The Wealth Creation
Agenda
Engagement with the COMMUNITY The Quality of
Life Agenda
GROWTH
New Companies (Growth)
Enterprise
Social Inclusion
Cultural Enrichment
Healthy Society
Improved Business Competitiveness

• Creative Industries
• Technology and Science
• Architecture
• ICT
• Inward Investment
• Incubation
• Spinout
• Startup

• Food Technology
• Digital Media
• Clothes Technology
• Science and Engineering
• ICT
• Sport
• Retail
• Finance Professional services
• Tourism

• Enterprise and Schools
• Enterprise Business
• Enterprise in the Community
• Enterprise HE

• Art
• Music
• Performing Arts
• Literature, Philosophy and History
• Sport
• New Media
• Fashion
• The Physical
• Environment

• Education and Training (skills)
• Community Development
• Equal Opps, flexible worker, diversity
• Crime, Drugs, Gender
• Ethnicity and Women
• Widening Participation

• Fitness/Exercise
• Life Styles
• Food/Diet
• Living Conditions (architecture and buildings)
• Self Identity and Development
• Holistic practice
• Environment and Pollution Control

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Working together to -

• Build capacity and responsiveness
• Ensure HE Contribution to Alliance for Skills and
  Productivity pilot
• Ensure FE/HE interface
• Invest in excellence
• Develop complementary expertise
• Use research to inform policy

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Competitiveness

• - INTERNATIONAL
• - UK
• - REGIONAL

Business success and growth Technology
transfer and spin out Research and development
and innovation Management and Leadership Graduat
e recruitment and employment Work relevance and
employability Curriculum experience within
HE Access into Higher Education Aspirations of
Higher Education Attainment and achievement at
school
DTI
DfES
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Science / Innovation

• Lambert Review / RDA
• Promoting university / business interaction
• Knowledge Northwest, MBI etc
• Knowledge transfer by people transfer
• KTP (TCS)
• Shell STEP
• Increased third leg funding
• HEIF 2 (12m match from NWDA)

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Increase Venture Capital Funds

• 4 Schemes launched (44M)
• Liverpool Ventures/Liverpool Science Park (46M)

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Bridging HEIs/Business world class

• Project Unity (35M)
• Influence through NW Science Council
• NW Science Strategy being reviewed

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Summary

• Regional planning / agenda
• Regional partnerships
• Influence, supplement and connect to other
  funding streams
• Commissioning to achieve strategic priorities