Cornwall

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Cornwall Isles of Scilly Economic Forum South
West RDA Review

• Jane Henderson Theo Leijser
• 27 November 2008

2
Looking Back

• Year of change and challenge for RDA, for
  partners, for economy
• Revised Corporate Plan priorities- low carbon
  economy- productivity-led growth- successful
  priority places
• Progress on delivery of Regional Economic
  Strategy

3
New Responsibilities

• Sub-National Review of Economic Development
• European Programmes
• Responding to economic climate

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Challenges of the Economic Downturn

• Regional economic taskforce
• Co-ordination with Government, major banks,
  Regional Business Forum
• First Steps - Action for Recovery launched
• Action to develop Business Loan fund up to 10m
  in 2009
• Enhanced Research Development Grant and
  Graduates for Business funding in 2009
• Maintaining focus on Corporate Plan priorities

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Cornwall Isles of Scilly ReviewTheo Leijser
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Looking Back in Cornwall Isles of Scilly

• Launch of ERDF Convergence Programme and South
  West Rural Development Programme (RDPE)
• Wave Hub progress - Govt planning permission
  secured and managing contractor appointed
• 75m St Austell town centre regeneration under
  way (and still going!)
• Premises - from Fugro Seacores relocation to
  Watson-Marlow Bredels expansion

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Looking Back in Cornwall Isles of Scilly

• Progress in Camborne Pool Redruth - Barncoose
  Avenue opened- Town centre improvements
  completed- Land acquisition
• CUCs 10th anniversary
• Falmouth Marine Skills centre welcomes first
  trainees
• 4 rural partnerships in Cornwall IoS secure
  Local Action funding
• Isles of Scilly - Porthcressa feasibility study
  underway

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Looking Ahead

• New landscape- unitary authority- new
  partnership arrangements- new delivery vehicle
• New approach to investing strategically- Commissi
  oning approach
• - Strategic Investment Frameworks- Investing in
  low carbon economy- Maximising connections

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Looking Ahead

• New ways of working with business- Connecting to
  companies- Creating conditions for companies to
  grow - Business Link - gateway for information,
  advice and guidance and Solutions for
  Business- Business support simplification

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Business Support
2 Brands
Getting started Growing Finance Developing
people Environment efficiency Developing
exploiting ideas Globalisation
7 areas of support
Awareness Access
30 Products
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Conclusions

• Positive about the future
• Responding to Climate Change
• Team Cornwall
• How to find out more

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Questions