Shaping our Local Industrial Strategy · 2018. 9. 21. · Shaping our Local Industrial Strategy...

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Shaping our Local Industrial Strategy Mark Bretton, Chair, Hertfordshire LEP

Transcript of Shaping our Local Industrial Strategy · 2018. 9. 21. · Shaping our Local Industrial Strategy...

Page 1: Shaping our Local Industrial Strategy · 2018. 9. 21. · Shaping our Local Industrial Strategy Mark Bretton, Chair, Hertfordshire LEP . Hertfordshire’s past, present…future 20

Shaping our Local

Industrial Strategy

Mark Bretton, Chair, Hertfordshire LEP

Page 2: Shaping our Local Industrial Strategy · 2018. 9. 21. · Shaping our Local Industrial Strategy Mark Bretton, Chair, Hertfordshire LEP . Hertfordshire’s past, present…future 20

Hertfordshire’s past, present…future

20 YEARS AGO: DISUSED

HATFIELD AERODROME

TODAY: HOME TO OCADO AT

HATFIELD BUSINESS PARK

WHAT WILL IT BE LIKE

IN 2030?

Page 3: Shaping our Local Industrial Strategy · 2018. 9. 21. · Shaping our Local Industrial Strategy Mark Bretton, Chair, Hertfordshire LEP . Hertfordshire’s past, present…future 20

The productivity challenge

NOMINAL (SMOOTHED) GVA PER HOUR WORKED INDICES

Source: ONS Regional and

Sub Regional Productivity,

Feb 2018

Page 4: Shaping our Local Industrial Strategy · 2018. 9. 21. · Shaping our Local Industrial Strategy Mark Bretton, Chair, Hertfordshire LEP . Hertfordshire’s past, present…future 20

The Hertfordshire LEP factor

STRONG TRACK RECORD STRENGTHENED POSITION

3664 learners trained or

supported

2028 jobs & 625

businesses supported

£16.9m invested in

places and transport

£309.1m total funding secured &

£91.7m private sector leverage

• Increased collaboration through the

Prime Minister’s Council of LEP Chairs

• LEPs hailed ‘the voice of business in

England’ in Government LEP Review

Page 5: Shaping our Local Industrial Strategy · 2018. 9. 21. · Shaping our Local Industrial Strategy Mark Bretton, Chair, Hertfordshire LEP . Hertfordshire’s past, present…future 20

A Local Industrial Strategy for Hertfordshire

CONSULTATION

Conducted on behalf of

the LEP by the University

of Hertfordshire to consult

with stakeholders on key

drivers of productivity

HERTFORDSHIRE

CAMPAIGN

To highlight the

county’s key strengths

and opportunities for

growth

NEW EVIDENCE BASE

Economic Outlook 2018

Brexit Report 2018

Skills & Labour Market Review

Impact Analysis of PDR

Herts Economic Forecast Analysis

Page 6: Shaping our Local Industrial Strategy · 2018. 9. 21. · Shaping our Local Industrial Strategy Mark Bretton, Chair, Hertfordshire LEP . Hertfordshire’s past, present…future 20

Redefining Hertfordshire

INNOVATION DISTRICT ENTERPRISE ZONE ENTERPRISING COMMUNITIES

Page 7: Shaping our Local Industrial Strategy · 2018. 9. 21. · Shaping our Local Industrial Strategy Mark Bretton, Chair, Hertfordshire LEP . Hertfordshire’s past, present…future 20

Hertfordshire’s assets & the Grand Challenges

Clean

Growth

AI & data

economy

Ageing

Society

Future of

mobility

Page 8: Shaping our Local Industrial Strategy · 2018. 9. 21. · Shaping our Local Industrial Strategy Mark Bretton, Chair, Hertfordshire LEP . Hertfordshire’s past, present…future 20

The building blocks of our design

Ongoing dialogue with

businesses, the University of

Hertfordshire and other

organisations

LEP’S EXISTING

STRATEGIC

ECONOMIC PLAN

Five key areas of

opportunity identified

THE GRAND

CHALLENGES IN

HERTFORDSHIRE

What do they mean for businesses?

Hertfordshire’s strengths

mapped in relation to the

Grand Challenges HELPING SHAPE

HERTFORDSHIRE’S

FUTURE

Page 9: Shaping our Local Industrial Strategy · 2018. 9. 21. · Shaping our Local Industrial Strategy Mark Bretton, Chair, Hertfordshire LEP . Hertfordshire’s past, present…future 20

LEP Review Delivery

plans in place

The road to delivery

National Assurance Framework

+

Annual Conversation:

LEPs and HMG

First Local Industrial

Strategies to be agreed

LEP Review

published

Submit proposal

on geographies

Submit LEP Review

implementation plan

July

2018

Sept

2018 Oct 2018 Dec 2018 Mar 2019 April 2019

March

2020

Local Industrial Strategies

agreed with Government

Page 10: Shaping our Local Industrial Strategy · 2018. 9. 21. · Shaping our Local Industrial Strategy Mark Bretton, Chair, Hertfordshire LEP . Hertfordshire’s past, present…future 20

Help shape Hertfordshire’s future

Roundtable discussion

QUESTION 1

Have we identified the right opportunities?

QUESTION 2

How could we be even more ambitious?

QUESTION 3

What role can your organisation play?