1. Innovation in SW Agenda What is a LEP Our priorities
Chris Garcia
HotSW LEP
Agenda
What is a LEP
Our priorities
Innovation funding
Devolution
S & I Audit

3. What is a LEP?? What the LEP is not:
An agency of Government like RDA, designed as a delivery arm of central government, nor are we simply a funding body.
What the LEP is:
A local platform for collaboration across public and private sectors, to achieve mutual economic aims

5. The Heart of the South West LEP
Repositioning the Heart of the South West’s profile and reputation, nationally and globally. Connecting people, places, businesses and ideas to transform our economy, securing investment in infrastructure and skills to create more jobs and enable rewarding careers.

6. Challenges & what business tells us
In 2012 the Heart of the South West economy was worth £27.4bn, or £16,318 per person, compared with £21,937 for England: a 26% shortfall.
Insufficiently skilled workforce
Limited labour market
Low rates of innovation
Inadequate infrastructure
Access to finance
Simplified business support.

7. What have we been doing Identify common priorities
Attract resources and investment
Make a difference to prosperity

8. Our priorities Creating the conditions for growth
Maximising productivity and employment opportunities
Building real global distinctiveness

10. Resources for innovation – LEP perspective
Growth Deal
ESIF / post Brexit Structural funding
SBRI
SW Academic Health Science Network

11. Supporting HotSW businesses

12. Introducing Devolution
Begun under coalition Govt.
UK centralised (economics/politically)
Series of ‘Devolution Deals’ with areas.
Led by local authorities,
LEPs are closely involved
HotSW submitted a statement of intent in September, agreed A Prospectus for Productivity end January.

13. Devolution through a ‘Productivity Plan’ (
People: who are healthy and with skills they need access higher value jobs and grow their careers with Heart of the South West businesses
Business: 163,000 additional jobs and GVA uplift of £4 billion
Place: A long term plan for sustainable growth supported by modern infrastructure and accelerated housing delivery of 179,000 homes by 2030
Plan
Productivity
Single
pot
investment

14. SW England & SE Wales Science and Innovation Audit

15. Business intelligence & market needs
LEP / LA economic
knowledge & data
Business intelligence & market needs
Own research expertise.……..
Market direction...…
R&D priorities…
Staffing
Business landscape……
Innovation infrastructure…
Skills pipeline
Science & Innovation Audit
Framework & methodology…
National data…….
Foresight…….…
International context…………..
Research expertise…
Facilities & equipment…….
Graduates & Postgrads…….…
International Links…………..
Local HEI and RTO
knowledge & data
National &
International

16. Defence Nuclear Aerospace & Advanced Engineering Aerospace
Automotive/Propulsion Systems
Defence
Nuclear
Industrial Biotech. / Sustainable Chemistry / High Value Manufacturing
Public Health

17. High Value Design & Integration Composites Materials
>150 academics & >600 PhDs ( )
>£75m annual research income
5 recent awards over £1m – all industrial collaborations
10+ Institutes & Centres based at Unis / Science Parks – more planned
7,775 businesses , employing 98,100 people
Data
High Value Design & Integration
Composites Materials
Opportunities

18. New Energy Systems Nuclear – “It’s more than Hinkley”…
Marine-based renewables
Hydrogen storage & fuel cells
Distributed Smart Energy Systems

19. Digital Living Smart Cities/Regions and Smart Transport Digital Health
Key technologies drive the agenda.
We have world leadership in:
Microelectronics & silicon design, Microprocessors, RF, Wireless
Cloud computing, infrastructure, bespoke platforms
Content production, natural history
Robotics, autonomous systems, synthetic tissue
Digital Health
(Population Health & Healthy ageing)
Digital Creative economy
Smart Cities/Regions and Smart Transport

20. Digital Integration VR / AR Quantum Engineering Data Opportunities
>630 researchers
Research income >£260m ( )
Digital Health: 70 companies, employing >11,000 people
Digital Creative: 500 companies, employing 15,900
Data
Digital Integration
VR / AR
Quantum Engineering
Opportunities

22. Thank you
&
Questions
Chris Garcia