Kevin Lavery: Empowering Enterprise

Collaborate Cornwall Conference24/09/2010Kevin Lavery

Vision

• ‘Big Cornwall’

• We can deliver – track record

• Go beyond what we have done previously

• Deliver 30% savings - reinvest

• Double devolution

• Council will have to change

• Continue high growth of last 15 years

• Develop our growth industries – renewable energy,

creative industries etc

• Build on legacy of CUC

• Next generation broadband – rural pathfinder

• Pilot LEP driven approach to EU programme management

Outcomes

• Local investment fund

• Infrastructure priorities

• Finance for business

• Focus on skills

• Steering and hosting European programmes

• Transferring regionally and nationally held assets

• Pushing for a national centre for renewable technology

What will it do?

• Business will be at the heart of the governance and delivery structures

• Decisions on economic priorities and investment will be made locally

• The LEP will be strategic and focussed on a narrow range of outcomes and sustainable growth

• Delivery will be undertaken through the private sector and CDC

• The LEP will work with other LEPs and local authority areas

Key principles

• Functional economic area

• Convergence and local investment fund

• Capacity of CDC

• Not fortress Cornwall

• Renewable energy across the peninsula and the North East

• Aerospace – Bristol

• Neighbours on transport, infrastructure, HE and FE

Why Cornwall and the Isles of Scilly

• Shadow LEP April 2011

• Joint private/public steering groups

• Shared capacity between councils

• RGF bids developed

• Alignment of existing funding programmes to LEP

Transition

What next?

• Decision imminent

• White paper due end of October

• Comprehensive Spending Review

• RGF consultation feedback

Thank you

Questions: