Future Solent Presentation to Future of Winchester Conference December 3 rd 2015

Brief history since 2012 What we are not What we are

What have we achieved Built a triple helix organisation of talented creative well connected people Created 147 jobs - ave salary £30, SMEs creating low carbon product/process Attracted £30m Inw Inv Env tech hub set up at UoP + wireless tech hub for SMEs 4 conferences SMEs Managed Hampshire SBN Created “GTS”, “Energise Solent” and a “Regional Bank”

Creations - Greentech South The Technology and Innovation Cluster Launched - Annual conference on 2 nd October SMEs joined since Why do they join?

Greentech South Support to Business £4 Million grant scheme to assist companies in commercialising ideas Find new markets for export Facilitate 200 Greentech apprenticeships with SMEs within 2 years

Greentech South Growth Build a strong network of active companies with clear areas of special interest Create a thriving and internationally recognised World Class Cluster

Inspiring Responsible Economic Prosperity There is no contradiction between being resource efficient and fostering economic growth.

Greentech Cluster Explained Bringing together organisations in a geographical area who are developing and delivering new clean technologies and innovations

Why This is an Important Sector 11,550 Businesses directly engaged in the Low Carbon Economy £70.8bn (£121.7bn if including supply chain) turnover in 2013 £26.2bn (£44.9 bn if including supply chain) in GVA in Year on year growth in turnover from was 7.6%

Specialist Interest Groups Finance Renewable Energies Low Carbon Circular Economy Bluetech Environmental Innovation Skills and Education SME Development and Trade Transport and Logistics

Our 5 year plan is to Attract £2.38 billion Create 2,000 sustainable jobs 8% carbon reduction Manage a pipeline of renewable energy projects that will create 10% of the energy for the Region Create our own energy company

Some Companies who succeeded: SME IOW Sector – tidal turbine platform Need – establish an innovative tidal platform tethered to the sea bed by a patented series of ropes that enable quick maintenance and can be raised or lowered to hit the sweet spot in the tidal flow. Cost – £1,300,000 Grant - £100,000 Created up to 15 new jobs

Some Companies who succeeded: GPS Sector – Oil spillage control Need – Development and manufacture of a new and highly efficient small oil recovery vessel, together with associated new equipment to fill a gap in the market Cost £600,000 Grant £100,000 Job – creation – could be up to 20

Some Companies who succeeded: Redlux Sector – Ultra precision engineering – non contact measurement Need – Improve quality control in components for wind turbines – mainly bearings which can be expensive to replace. They are measured at point of production to ensure perfect curvature. Cost – £216,000 Grant - £100,000 Match – Investors. Jobs – 5

Thanks for listening