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Cornwall & the Isles of Scilly
Towards a RIS3 Strategy
Ponta Delgada, 4/5 June 2012
Jonathan Adey and Anne
Carlisle
The Presenting Organisations
Cornwall and Isles of Scilly at a
Glance
• 535,300 - Total estimated population in Cornwall
• 697 - Total km of coastline in
Cornwall
• 3,563 - Total square km of land
in Cornwall
• £6.4 billion - Total value of
Cornwall and the Isles of Scilly's
economy in 2009
The Economy of Cornwall & the
Isles of Scilly
Fig 13.7: % of working age with NVQ4+
Area
Swindon
Torbay
Plymouth
Cornwall
Bournemouth
Poole
South
Somerset
North
Dorset
Devon
Wiltshire
Bath and North
Glouc estershire
Bristol, City of
South West
England
Great Britain
0.0
5.0
10.0
15.0
20.0
%
25.0
30.0
35.0
40.0
Challenges and Opportunities
• Our geography has, in the past
been a major advantage
• When the industries went so did the jobs
Challenges and Opportunities
• Innovation has been the driver for change to address these
challenges
• Peripheral regions have a culture
of innovation
• We need to provide the tools
Vision
A confident, resilient Cornwall that is a leader in
innovative business and low carbon technologies.
A bold, transformational framework that
challenges current perceptions of economic
success, whilst also building upon Cornwall’s
strengths.
and
The natural place to grow great business
National & Local Governance
Engagement in the Development
of a Strategy
• A joint approach in the next round of structural funding and
RIS3
• Triple helix approach
Working with Partners
• Start of the process – evidence gathering
• Convergence LMC sub group
• Thematic priorities
• Cornwall Council Scrutiny Committee
• Specific events
• Business workshop
• Stakeholder consultations
• LEP roadshows
• Public consultation
Cornwall as a place for innovation –
making the most of our location
• Cornwall as a test-bed and living laboratory
• Close links with businesses
• Encouraging new innovation and R&D into Cornwall
• As well as developing it ourselves
Entrepreneurial Process of
Discovery
• Small businesses and few larger firms
• Strong partnership essential between public, private and
third Sector (including universities)
• Started by building stronger and better links between
education and businesses
• Businesses are at the heart of our plans and have
contributed throughout
• But there are barriers to involving businesses
Convergence
• Significant investment in R&D
and enterprise
• Business support that is right for
businesses
• Flagship projects to increase
investment and innovation
Environment & Sustainability
Institute
• University of Exeter
• Knowledge transfer and
the commercialisation of
intellectual property
• A high quality facility, to
develop a world leading
research centre
focusing on areas of
economic opportunity
• World class centre of research excellence in the
environment and sustainability fields
Academy of Innovation &
Research
• University College Falmouth
• Attracting world-class
researchers
• Working closely with
businesses
• A trans-disciplinary R&D lab and a creative facilitation space
designed to raise levels of business innovation, competitiveness
and productivity in Cornwall
Innovation Centres
• Pool Innovation Centre
• Tremough Innovation Centre
• Health & Wellbeing Innovation
Centre
• Providing high quality, flexible
managed workspace
• Closer links between businesses
and universities
Superfast Broadband
• £132m ERDF programme
• Funded by the EU, BT and
Cornwall Council
• Bringing superfast
broadband to Cornwall and
the Isles of Scilly
• Opening up opportunities
for businesses throughout
Cornwall
Lessons Learnt
ERDF
Mainstream
Funding /
Plans
ESF
EARDF
Also:
• Improved links with training and
businesses as well as education
• A continued focus on addressing low productivity, across all
sectors is needed
• Particularly focussing on supporting high value businesses
• Business support needs to be:
• Simple and effective
• One route-way in
• Responsive and led by the business
Local Enterprise Partnership
Strategy
• Inspiring businesses to reach their national
and global potential
• Creating great careers in Cornwall
• Creating value out of knowledge
• Using the natural environment
responsibly as a key economic asset
Priorities for Post 2013
• SME Innovation & Competitiveness
• Green Economy - Renewable Energy and
Energy Efficiency
• Transformational Infrastructure
• Smart, sustainable and inclusive growth
• But what will set Cornwall apart and
transform the economy?
Potential Specialist Areas
• Smart grid development
• Developing cutting-edge renewable energy technologies:
marine energy, floating wind and bio fuels
• Future knowledge sectors:
creative, biomedical, health &
well being and digital
• Accelerating the journey between
concept and commercialisation
for business
• Or…
A focus on a Thematic Area
Flexible and e-working:
Smart Energy Systems:
Digital Economy
Installation of a Smart
Grid which can efficiently
deliver sustainable,
economic and secure
electricity supplies.
Education and Training:
A more connected skills
base and improved
education facilities, allowing
us to teach and train for the
future in terms of both
skills and aspiration.
Business Support:
Supporting businesses to
trade internationally through
improved broadband
connectivity and virtual links.
Allows organisations to get
the best from their staff and
maximise the opportunities
for growth, including
remote offices and home
working connected through
Superfast Broadband.
Tele-health:
Strengthen the economy
and address Cornwall’s
ageing population through
growth areas and digital
innovations in healthcare.
This includes taking care
of more people in their
homes and increased R&D.
Developing a
Strategy
Community & Business
Engagement
Developing a Strategy
• Start with what we already know
•
•
•
•
Data
Best practice – learning from others
Consultation and engagement
Lessons learnt
Developing a Strategy
• When we know our priorities
• Align local RIS3 priorities with national agenda
Funding RIS3
• Aligned commissioning and governance of public sector
funding
Provide the Financial Tools for
Growth
• Innovative use of public and private funding. Creating a
greater legacy by embracing alternative financial
mechanisms and moving away from a grant culture.
Measuring Success
• Looking at new ways to measure
innovation.
• Looking at the long-term – we
may not see results immediately.
• Collective responsibility for
measuring successes.
• Strong history of monitoring and
evaluating the success of our
programmes.
• Next EU programme – focus on
measuring success.