Growing Local Economies

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Growing Local EconomiesRegeneration to create
local employment opportunities

• Sandra Rothwell
• Cornwall Council

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Cornwall in context
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Driving growth in Cornwall
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Achievements so far

• http//www.cornwallworks.org.uk
• http//www.youtube.com/watch?vhuPVoSX-4ZM
• http//www.cornwall.ac.uk/ucp/index.php?page_Busi
  ness_Start_Upid2201
• http//www.heartlandscornwall.com

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The numbers

• Tackling Barriers to Employment 38
• Improving the Skills of the Local Workforce 60
• Nearly 114,000 individuals taking part in a range
  of activities to assist them on their journey.
• Over 5,800 participants have now left the
  programme into employment against the overall
  target of 5,900
• Participants engaged on programme activity have
  achieved over 17,000 qualifications to date
  5,300 gained basic skills, 8,400 a Level 2
  qualification, 3,300 Level 3 (double the
  programme target) and 300 a Level 4.
• Overall programme expenditure stands at 98.2m,
  of which 73.6m is ESF. (The total ESF allocation
  of for the Convergence Areas is 196.4 million
  over 2007-13).

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Our 2020 vision for achieving a high-value
knowledge-based green economy with opportunities
for all
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How will we achieve this? A strong vision
and leadership from Cornwall Council and the
Local Enterprise Partnership.
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Lessons

• We are best placed to understand our unique
  challenges and opportunities Local Commissioning
• Moving away from a grant based model of Economic
  Development requires the pooling of resources
  e.g. EMA and Bursary
• Using our unique funding position and strong
  partnerships we want to lead the way in a new
  approach to growth

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Lessons

• Plan, plan and plan again!
• Demand and supply
• A competitive environment
• Procurement
• We must have the flexibility to set our own
  objectives and align future investment with our
  own policies and programmes

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One size does not fit one and all