Smart Economic Growth Presentation Sept 2011 Se Ed Network Launch

Surrey ConnectsSurrey Connects

SMART Economic DevelopmentSMART Economic Development……..forward through..forward through

Smart Economic GrowthSmart Economic Growth


South EastSouth EastEconomic Development Economic Development

Network LaunchNetwork Launch28 September 2011


Mark PearsonMark PearsonChief ExecutiveChief Executive

Surrey Economic PartnershipSurrey Economic Partnership

28 September 2011


“The most valuable commodity I know is information – wouldn’t you agree?” Gordon Gekko

“It’s the economy – stupid!” Bill Clinton

“A little less conversation, a little more action please” Elvis Presley

“Look and see what others are doing, adapt their innovations, borrow their brainwaves” Greg Clark MP

Quotationsfor smart economic development?


Elements of smart economic growth


“In a time of social fragmentation, vulgarity becomes a way of life. To be shocking becomes more important – and often more profitable – than to be civil or creative or truly original.”

A rationale forsmart economic growth?

Al Gore


It is Not New!

Building Prosperousand Sustainable Communities

The new paradigm?


The Third Industrial Revolution? – as issues of internet/ social media and renewable energy come together:

– driven by exports– powered by low carbon– fuelled by innovation– rich with opportunity

Evolving the renaissance of business (1)


What is needed now is a different set of macro policies to reposition manufacturing and services for the economics of growth – a different kind of policy response:

– green production– low carbon buildings– deployment of inventions– new business models

Evolving the renaissance of business (2)


"It’s an unprecedented opportunity for local leaders to take choices and make decisions. This is one of those points in history where individuals really do have a chance to make their mark. The next year has to be about turning ambition into results.""Government is ready to listen. There is no limit to what partnerships might want to propose but their own imagination and ambition, nothing is off the table.“

‘‘Just get on with it!Just get on with it!’’

National Economic Development Policy

Eric Pickles MP


For the local community – however big it is!:– Encourages local enterprise– Serves local needs– Promotes stable employment and revenues – by building on

local competitive advantages– Promote open innovation and high value added activity– Protects the natural environment– Increases social equity– Is capable of succeeding in the global market place– Promotes a strong sense of place

Integrated approachfor smart economic growth


Core tools (1)

Approaches to delivery:– Planning – mix land uses to support growth and development

and efficient use of land and premises– Direct investment to existing business locations – Incubation– Sense of place – distinctive and sustainable communities

(not ghettos!)– Housing– Communications networks – transportation/ superfast

broadband


Core tools (2)

Approaches to delivery:– Environment – enhancement of quality of life– Promoting the low carbon economy– Technology – for flexible working/ internet use to drive

business growth– Inward investment – targeted and focused– Innovation – high growth, low impact– Finance – PE/ VC/ Banking

Partnership – collaboration in delivery decisions


To achieve this

There is a need for:– Leadership and vision and energy – Focus – local to global and vice versa– Co-ordination and marshalling of resources– Influence and advocacy– Identification of key clusters/agglomerations– Skills development – education for business– Collaboration – business and public sector– Information – is power – get it out there

TrustTrust


Surrey Connectsforward though Smart Economic Growth


• will help to achieve a sustainable Surrey rather than growth at any cost.

• is about extracting ‘more from less’

• using technology, and innovative ways of working to increase productivity without damaging the quality of life or the environment in Surrey

Smart Economic Growth (1)


• Surrey Connects will optimise the potential of people, land, space and technology

• a focus on sustainability creates business value, equally in times of economic difficulty as in periods of growth

• by driving innovation that can inform a market-leading position

• is a new and evolving approach



• Surrey Connects will explore, understand, and then drive forward, what this means in practice for economic development across Surrey

• it may include new forms of development and the application of local authority housing, transport and planning powers in new ways

• the aim of Surrey Connects is to create a new space in which business and local government can come together to develop and implement this approach



Growth Sectors – focus!


Outcomes

Global Competitiveness100% super fast broadband coverage

Promotion of Surrey as a inward investment location

Delivery of major infrastructure projects –through Transport for Surrey

Driving EnterpriseHigher business survival rates

Stimulation of business creationDelivery of flexible workspace to accommodate

new businessesGetting the right local business support offer

Knowledge EconomyDevelopment of a world-class business/

management schoolIncreasing the number of people ready for

employment at all skill levelsMaximise university, education and business linkages through the Surrey Employment &

Skills Board

Innovation CultureHigher rates of R&D spend

Support for innovation agendaIncrease of patent/ IP applications

Development of the Community of Innovation and the Ambassador Academy

Smart Economic Growth


Sit quietly, doing nothing, spring comesand the grass grows by itself

Zen

Do not let the fear take root– fear is part of the dark side

Yoda

Closing quotations!


Surrey Economic Partnershipprogressing…..

Surrey Connects –forward through Smart Economic Growth


Mark Pearsone: [email protected]

m: 07581 098 157 t: 01483 685230

@NMPearson @SurreyConnects

Smart Economic Growth Presentation Sept 2011 Se Ed Network Launch

Documents

Transcript of Smart Economic Growth Presentation Sept 2011 Se Ed Network Launch