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Joint Cork CDB Think-In Key Priorities Sean O’Riordain.

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Presentation on theme: "Joint Cork CDB Think-In Key Priorities Sean O’Riordain."— Presentation transcript:

1 Joint Cork CDB Think-In Key Priorities Sean O’Riordain

2 Background Issue of National Guidelines on economic sub-committees Issue of National Guidelines on economic sub-committees Re-statement of role of CDBs in National Innovation Policy and other national Policy Re-statement of role of CDBs in National Innovation Policy and other national Policy Economic Priorities in City/County CDB Reviews Economic Priorities in City/County CDB Reviews Economic priorities to be set within possible CASP Framework? Economic priorities to be set within possible CASP Framework?

3 National Guidelines-Economic Sub-Committees New Priority for all Boards New Priority for all Boards Economic development and Enterprise can be cross Local Authority Boundaries Economic development and Enterprise can be cross Local Authority Boundaries Clearly defined policy outcome and ways to avoid lack of progress Clearly defined policy outcome and ways to avoid lack of progress Opportunities to share resources Opportunities to share resources

4 New priorities Must be Multi-Agency Must be Multi-Agency Current Economic Conditions Current Economic Conditions Opportunity to build on experience to date Opportunity to build on experience to date Needs to be an area currently not addressed Needs to be an area currently not addressed Measurable value added Measurable value added Definite Time Frame Definite Time Frame

5 Actions…. Audits of current businesses Audits of current businesses Economic Profiles/Information Economic Profiles/Information Training/retraining Training/retraining Regulatory/Policy opportunities Regulatory/Policy opportunities International networking/ambassadors International networking/ambassadors R&D networking R&D networking Other Education opportunities Other Education opportunities

6 The Think-In Workshop 1 A continuing role out of infrastructure by the local authorities and other utility suppliers. A continuing role out of infrastructure by the local authorities and other utility suppliers. Strategy to support cluster development in tourism, energy and medical/pharma. Strategy to support cluster development in tourism, energy and medical/pharma. Build on the existing identity of the Region Build on the existing identity of the Region The creation of an Ideas Forum. The creation of an Ideas Forum. Institute for Collaboration on business development. Institute for Collaboration on business development. An on-going examination of business costs should be central to service planning by all public agencies operating in the Region. An on-going examination of business costs should be central to service planning by all public agencies operating in the Region.

7 The Think-In Workshop 2 Development of a cluster model based around the Food Sector in the first instance. Development of a cluster model based around the Food Sector in the first instance. Creation of an Institution for Collaboration. Creation of an Institution for Collaboration. The fostering of entrepreneurship in the third level student body, particularly the post graduate body The fostering of entrepreneurship in the third level student body, particularly the post graduate body Pilot to identify potential business ideas in MBA/MBS that could be facilitated to become commercialised. Pilot to identify potential business ideas in MBA/MBS that could be facilitated to become commercialised. The development of network opportunities between existing business and research networks in place in the Region. The development of network opportunities between existing business and research networks in place in the Region.

8 The Think-In Workshop 3 Business plans should not block the development of new ideas. Business plans should not block the development of new ideas. Cork the place to invest and the place to come if a person has experience in business development and innovation. Cork the place to invest and the place to come if a person has experience in business development and innovation. Need to acknowledge the people who develop good businesses in the Region. Need to acknowledge the people who develop good businesses in the Region. Create a centre for Ideas for the Region supported by a business support process to help bring businesses to fruition. Create a centre for Ideas for the Region supported by a business support process to help bring businesses to fruition. Develop support networks for managers and entrepreneurs within an ultimate cluster model for particular sectors. Develop support networks for managers and entrepreneurs within an ultimate cluster model for particular sectors. Organise open days into the research centres in the Region. Organise open days into the research centres in the Region.

9 The Think-In Workshop 4 Build on the use of existing networks to access into business experience and perspectives to ensure that all possible ideas are highlighted and followed. Build on the use of existing networks to access into business experience and perspectives to ensure that all possible ideas are highlighted and followed. Development of an ideas brokerage to take ideas from concept to application. Development of an ideas brokerage to take ideas from concept to application. Creation of an identifiable centre for ideas alongside an incubation arena for such ideas. Creation of an identifiable centre for ideas alongside an incubation arena for such ideas. Development of a maritime cluster. Development of a maritime cluster. Enhanced recognition and support for local business initiatives through relief on local charges etc. Enhanced recognition and support for local business initiatives through relief on local charges etc. Promotion of Cork as a centre for innovation based on a demonstrable capacity to innovate. Promotion of Cork as a centre for innovation based on a demonstrable capacity to innovate.

10 The Think-In Workshop 5 Unified core group. Unified core group. Creation of a programme to develop third level talent (post graduate) into business creation opportunities. Creation of a programme to develop third level talent (post graduate) into business creation opportunities. Creation of Link Unit for potential entrepreneurs and state agencies. Creation of Link Unit for potential entrepreneurs and state agencies. Creation of a commercialisation function between the State Agencies and the Third level. Creation of a commercialisation function between the State Agencies and the Third level. Creation of an advisory body of retired entrepreneurs and public sector officials to mentor/advise on avoidance of business failures/barriers to economic growth. Creation of an advisory body of retired entrepreneurs and public sector officials to mentor/advise on avoidance of business failures/barriers to economic growth. Examine cluster models in Finland and elsewhere. Examine cluster models in Finland and elsewhere. Identification of international applied research that could be embedded into business opportunities in Cork through existing Cork Social Networks. Identification of international applied research that could be embedded into business opportunities in Cork through existing Cork Social Networks.

11 Actions for the Boards…. Agreement on the Economic Sub-committee. Agreement on the Economic Sub-committee. Draft work programme to be agreed. Draft work programme to be agreed. Agreement on Implementation of Work Programme Action Leaders and support Agencies. Agreement on Implementation of Work Programme Action Leaders and support Agencies. Agreement on Implementation Time-frame. Agreement on Implementation Time-frame. Evaluation and Review Process. Evaluation and Review Process.


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