‘A rough guide to LEPland’

SWWMG 20 March 2013

Dorset Challenges and Opportunities

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Challenges

– Connectivity – Low productivity – Low wage economy – Skills gaps – Public sector dependence – Two speed economy – Business support •

Opportunities

– Environmental assets – Diversity – Strong sectors – HE / FE – Redevelopment sites – Additional funding – 2012 Games – Renewable energy

Business strategy

Dorset LEP will enable a strongly performing, productive and sustainable economy, with more higher value and skilled jobs, whilst harnessing Dorset’s special environment. We will make Dorset the natural place to do business.

‘the natural place to do business’

• Strong partnership • Build on strengths • Work with businesses • Create business friendly culture/environment • Deep understanding of Dorset economy • Promote innovation, resilience, green knowledge intensive economy

Business sectors Business organisations and networks Dorset LEP Board Strategic economic development Competitive Talented Connected Responsive

Competitive Dorset

Unleash the potential of existing businesses, encourage the creation of new ones, and attract investment.

Progress

: • Growing Places Fund £9m • DorMen • Rural Net • Inward Investment • 2012 Olympic & Paralympic Games – British Business Embassy in Dorset • Sector engagement

Talented Dorset

Enhance the skills of our current and future workforce.

Progress

: • ESB • Review of Skills Strategy • Growth & Innovation Fund bid for Apprenticeship Training Academy • Apprenticeships: £225,000 grant investment for SMEs • National Coastal Tourism Academy £2m • Science and Technology Enterprise Hub (BU)

Connected Dorset

Improve electronic and physical connectivity, particularly through high-speed broadband.

Progress

funding.

: • Broadband £38m • Use of broadband £1.8m

• Local Transport Body: devolution of transport • LSTF £19.1m secured • Pinchpoint funding £12.6m bid • Mobile Phone Coverage • Transport hubs: ports and airport

Responsive Dorset

Create the conditions for enterprise.

Progress

: • Engagement between DLEP Board and Dorset Environment Managers • Planning Charter • Endorsement of BDP Renewable Energy Strategy • No EZ so DIY with Local Development Orders?

Government agenda…?

• EU Investment Strategy for Dorset: EU Growth Programme 2014-2020 (ERDF, ESF, EAFRD) • Strategic plan for local growth: single pot funding • Bournemouth-Poole City Deal

www.dorsetlep.co.uk

Be inspired, be part of it!

www.dorsetlep.co.uk