Ian Bromley Chief Executive Creative Sheffield 3 rd National Conference 15 th May 2008.
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Transcript of Ian Bromley Chief Executive Creative Sheffield 3 rd National Conference 15 th May 2008.
Ian BromleyIan BromleyChief ExecutiveChief Executive
Creative SheffieldCreative Sheffield
33rdrd National Conference National Conference 1515thth May 2008 May 2008
Introducing SheffieldIntroducing Sheffield• City Population – 530,000
– England’s Fourth Largest City
• Sheffield City Region Population 1.7 million
– South Yorkshire (Barnsley, Doncaster, Rotherham, Sheffield)
– Bassetlaw, Chesterfield, NE Derbyshire, Derbyshire Dales, Bolsover
• Straddles 2 Political Funding Regions
National Park within city boundary
Recovery - Stage 1Recovery - Stage 1• Sheffield Development Corporation (1988-1997)
– £100 million Central Government– £7.5 million European– £680 million private sector
• 600 acres redeveloped• 5 million sq.ft commercial development• 18,000 new jobs• Major developments eg: Meadowhall, Victoria Quays, World
Student Games, Valley Centertainment, Sheffield City Airport and Sheffield Business Park
Recovery - Stage 2Recovery - Stage 2• Sheffield One – Urban Regeneration Company
– Tasked with transforming the City Centre• New Retail Quarter• Castlegate Office Development• New Transport System• Sheffield Digital Campus• City Hall/Barkers Pool• Leopold Square• Station Square
• Sheffield First for Investment– Inward investment agency
A Decade of ChangeA Decade of Change
We are going through anWe are going through anunprecedented phase of unprecedented phase of redevelopment…redevelopment…
Also Decade of Economic Also Decade of Economic Growth…Growth…
Key FactsKey Facts
• 73,000 net job growth (1995 – 2005)
• 2 of 10 fastest growing districts in England
• Knowledge Economy grew 27% vs 17% nationally
• BPFS growth 57% (10 years)
• CDI growth 32% (5 years)
• Office rents up > 40%
• Fastest income growth in core cities (2000 – 2006)
Sheffield Sheffield is wellis well positioned for change!positioned for change!
TRANSFORMATIONCurrent position
DECLINE
RECOVERY
REVIVAL
1970s
Early 1990s
Last decade
Recovery Stage 3 - Recovery Stage 3 - TransformationTransformation
Sheffield Economic Master Plan
• Provides the strategic framework to guide economic and physical development and investment across the whole city over the next 10-15 years
• Creative Sheffield is tasked with spearheading Sheffield’s economic transformation, leading the development & implementation of the Economic Masterplan
Creative SheffieldCreative Sheffield• First City Development Company in U.K
• Company Limited by Guarantee
• Owned by Sheffield City Council,Regional Development Authority, English Partnership
• Ex-officio Directors: Vice Chancellors of two Universities,
2 x SCC, 2 x RDA, 2 x EP, SCC Chief Executive
• Independent Directors: 14, all business people
• Annual Budget @ £6m per annum
Creative SheffieldCreative SheffieldResponsible for……………………..
• Guardianship of the Economic Masterplan
• Formulating the Sheffield Economic Plan
• Inward Investment; City and lead on City Region
• Innovation Economy; City Region
• Strategic Marketing; City and City Region
• High Level Skills
Shared Responsibility for………….
• Tourism / Destination Development
• Major Events
• City Centre Animation
• Entrepreneurship
Sheffield Economic PlanSheffield Economic Plan• Live document; Sets Priorities
• Monitors programs and delivery
• Co-ordinates and leverages funding streams
- “Single Pot” - £95m over five years
- ERDF Transition - £100m over five years
- ESF and Skills – massive £???
- Local Enterprise Growth Initiative - £20m over four years
- English Partnership Investment ????
- Other European Funding
Fastest Growing Fastest Growing CDI Sector in UK:CDI Sector in UK:32% 2000-2005 32% 2000-2005
Sheffield GVA FiguresAverageper worker: £28,300
Average perCDI worker: £40,940
Source: EKOS Study 2007, RSY
Future prospects
0
10
20
30
40
50
60
Sheffield CDI companies
% o
f co
mp
anie
s grow a lot
grow a little
stay as it is orshrink
Source: EKOS Study 2007, RSY
Expect to…
Key CDI strengths• Design
• Interactive media
– Games
– Cross platform
• Mobile
• ICT Services
– E-learning
• Healthcare Technologies
Best Short FilmBest British Film
Warp Films : 2 BAFTA’s in 2008
1236 Industry Delegates
doing business over 5 days in 2007
• Masterclasses • Screenings• Networking• A Proven Marketplace
£5.5 million of Sales and commissions at the “Meet Market”
Insert photos here
Supporting CDI
Sheffield Digital Campus
• 60,000 sqm development
• Gateway site
• Targeted at digital sector
• Phase 1-2 buildings:– Electric Works (5000 sqm)– Speculative building (5000 sqm)
• Proposition being developed – environment, support, etc.
• Modern environment
• Flexible workspace
• Conferencing facilities
• Designed for creative, digital and media businesses
• Employing 1 – 75 people
Initial thoughts as we grow….
Digital Digital Square Square
MileMile
…and the companies