SOUTH WEST RDA UPDATE

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SOUTH WEST RDA UPDATE

• Colin Molton
• Deputy Chief Executive
• Stephen Bohane
• Head of Business Development

28 November 2007
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SOUTH WEST RDA UPDATE

• THE CHANGING CONTEXT
• - Sub National Review
• - Comprehensive Spending Review (CSR)
• - Business Support Simplification
• - Rural Programmes
• - European Funding (Phil Mc Vey)
• New Area Director Theo Leijser
• Stephen Bohane How we are investing in Cornwall
  to unlock business potential and shape places

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CHANGING CONTEXT (1)

• Sub National Review
• - Single regional strategy
• - Strategic planning role
• - Favour delegation to right level, subject
• to capacity/competence
• - Proposals for bespoke delivery capacity
• for Cornwall
• Comprehensive Spending Review
• - implications for Agency

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CHANGING CONTEXT (2)

• Business Support
• - simplification 3000 products to around
• 20 publicly funded products
• - Peninsula Enterprise goes live with
• Business Link service from 1
• December transformed service from 1
• April 2008
• Rural
• - link to later agenda item
• - RDA board commitment
• - mainstreaming

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STRATEGIC ENGAGEMENT

• Strategic engagement with local partners through
  CSP/LAA
• Delivery mechanisms to meet local requirements
• Strategic engagement with Business

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INVESTING TO UNLOCK BUSINESS POTENTIAL

• Investing in people e.g. CUC, Fifteen, Falmouth
  Marine Skills Centre
• Quality business infrastructure
• - Employment land premises Helston,
• Bodmin, CPR,
• Indian Queens, Torpoint, Falmouth/Seacore
• - Selective Finance for Investment
• - Building Networks e.g. CADI, Cornish
• Marine Network
• - Newquay Airport 8M RDA Board approval
• December 06
• Selective Finance for Investment (SFI)

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INVESTMENT IN PLACE

• Camborne Pool Redruth Land assembly/CPO, town
  centre public realm
• St Austell Town Centre further 12.8M RDA Board
  approval start on site. Also Civic Pride
• Bodmin town centre framework
• Clay country Area Action Force/Par Docks etc
• Rural areas Penwith examples St. Ives Leach
  Pottery workspace, Newlyn artists studios.

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CURRENT PRIORITIES FOR AREA TEAM

• Partner engagement
• Preparing for Convergence
• Knowledge Economy e.g. CUC, Innovation Centres,
  Wave Hub
• CPR
• St.Austell Clay country
• Business infrastructure
• Newquay Airport via County Council

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Questions?