Transcript Slide 1
RECOMMEND 2nd Working Summit 26 – 28 November 2012 Neil Darwin, Chief Executive Opportunity Peterborough What does Opportunity Peterborough do? • Inward Investment – ensure the City is visible • Economic Development – support local business ambitions • Create conditions to increase skills levels • Increase our knowledge of the local economy - the City’s economic development company Peterborough • • • • • Population : 185,000 Well connected!! One of the UK’s fastest growing cities Appetite to grow even faster Environment Capital The old region – 1997 - 2009 • Regional Development Agencies • Much like the rest of Europe The Local Enterprise Partnership • Our new regional ties • No money! An overview of the area • A population of 1.3 million • Estimated to grow to 1.5 million by 2031 Currently home to: • 700,000 jobs • 60,000 enterprises • Generating £30billion per annum Priority areas • Skills and Employment • Strategic economic vision, infrastructure, housing and planning • Economic development and high growth businesses • Funding, bids and proposals in conjunction with the private/public/voluntary sectors and business; including EU funding, regional growth funding, and private sector Our barriers • Infrastructure deficit, especially transport • Not enough homes • Not enough affordable homes • Skills ‘coldspots’ • Loss of funding and capacity to address these Our economy • • • • 5,500 registered businesses Strong diverse economy NCL manufacturing history Strong, modern Environment sector – 300 companies • Large financial services; large food/drink industry The future • • • • 25,000 new homes; 20,000 new jobs Growth of our ‘Enviro Cluster’ City as ‘market leader’ Exemplar for growth – ‘saying’ and ‘doing’