Rooms S20 and S20a, Kelham HallKelham, Newark Notts NG23 5QX

01636 655258www.investnewarkandsherwood.co.uk

Resource summaryAs well as our own budget, we are also responsible for the £2 million Growth Investment Fund.

There are 3 of us in the team and we work in partnership with a number of organisations in order to deliver outcomes in our priority areas.

At least once a month we have a team meeting to review our successes.

We will be introducing employers ‘hosting’ visits. This will be morning spent showcasing our wonderful district, followed by lunch.

We have a new inspirational quotation every two weeks to ensure that we remain motivated and inspired.

Economic Growth Business Unit 2014/15

Summary Business Plan

What we doOur vision is to provide an interactive and innovative service for economic growth within Newark and Sherwood. We are proud of our District.

Mission - We will achieve this by creating and developing a growing, prosperous and vibrant business community through a partnership approach.

Values – As well as working with the NSDC values we have also introduced our own team values. These are: mutual respect; teamwork; commitment; communication and to ensure that we have fun in our work.

Our key objectives are: To develop and maintain an in-depth understanding of the Newark

and Sherwood Economies, business stock and sector strength

To develop appropriate place marketing to visitors and investors

To plan and support growth for the Newark and Sherwood district

Our priority areas are: Inward Investment

Economic Growth

Employability, Skills & Schools

Infrastructure

Key Sectors

Tourism (covered within a separate plan)

Who we areWe report to Andy Statham, Director - Communities

Julie Reader-Sullivan – Business Manager Economic Growth

Sally Gillborn - Economic Growth Officer (with expertise in InvestNewarkandSherwood and Think BIG)

Julie Beresford - Economic Growth Officer (with expertise in Employment and Skills and Property issues)

Meeting the Council’s strategic prioritiesProsperity

To manage our Think BIG loan fund effectively and in line with the Council’s Policies

To further develop our Invest Newark and Sherwood website, brand and economic growth strategy so that we promote our District to potential inward investors

To further develop local procurement opportunities working in partnership with our Procurement Manager

People To deliver on our employment & skills targets through

Apprenticeship and Jobs Fairs

To recruit further team members to enable us to deliver our stretching targets

To continue our work with local primary schools in order to inform children of their employment options in order for them to make informed decisions when choosing their GCSEs

Place To work with our colleagues within NSDC to develop the area

through our Economic Growth strategy

To use place marketing techniques to ensure that we promote our district, using the Invest Newark & Sherwood service as the main delivery mechanism

The introduction of site visits to showcase our district to potential investors

Public Service

Key Risks Growth Investment Fund – take up of the fund is below expected

levels. Inability to deliver an Economic Growth service over a sustained

period of time

Key achievements in 2013/14

Introduced our Economic Growth strategy in order to promote NSDC to potential Inward Investors

Supported 8 companies via our Think BIG Loan Fund

Further developed our social media presence (Linkedin, Twitter & Facebook)

Delivery of 2 Jobs Fairs and What Next Careers event

Continued to develop our CRM system

Exceeded targets for our 100 Apprenticeship campaign

Successfully developed our local procurement offer

Introduced and delivered the Together for Newark Project

Key objectives for 2014/15 Delivery of the Newark &

Ollerton Apprenticeship Fairs Delivery of the Grow,

Expand & Prosper business surgeries

Develop a corporate video to showcase the district

Gain an up to date picture of business stock in our area

Continue to work with schools and employers to endeavour to ensure that the skills of the school leavers meet the requirements of local employers

To visit at least 30 of our key businesses in the District

Introduction of Key Account Management role

Business Unit2014/152014/

Summary Business Plan