General Session

Colin Skellett – ChairPaul Wilson – CEO

Wednesday 7th May 2014

West England’s Collaboratorium

WE ARE A PARTNERSHIP FOR GROWTH

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16.00 General Session

16.30 Breakout Session #1

17.20 Breakout Session #2

18.00 Drinks reception

18.30 Xavier Rolet, CEO, London Stock Exchange

19.30 Buffet

AGENDA

• MIT and ‘TED Talks’ have Collaboratoriums, and now so do we, please give feedback to your sector chair….

• Harnessing collective intelligence & enabling effective large-scale deliberation for complex problems

– “To solve interesting and complex problems, start by finding a problem that is interesting to you. If you have the right attitude, interesting problems will find you.”

– “Sometimes the most striking and innovative solutions come from realizing that your concept of the problem was wrong.”

WHAT IS A COLLABORATORIUM?

COLLABORATION ON THE STRATEGIC ECONOMIC PLAN MADE A STRONG CASE FOR PRUDENT INVESTMENT

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£0.5bn to generate £0.8bn incremental tax revenue in 6yrs

£0.5bn to generate 25,500 new jobs and £1.9bn more GVA

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THE JOURNEY SO FAR …

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34 PROJECTS PRIORITISED

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WHAT HAPPENS NEXT …

LOBBY YOUR MP TODAY TO PUSH FOR THE SEP

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SECTOR PROSPECTUS PROVIDES MORE DETAIL ON OUR ECONOMY THAN EVER BEFORE

WE DISCOVERED THAT WE ARE THE MOST SKILLED CORE CITY REGION IN ENGLAND

A LEVEL GCSEDEGREE

AND THE MOST PRODUCTIVE

West of England productivity p/FTE

EMPLOYMENT BY SECTOR

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Collaboration

GVA CONTRIBUTION BY SECTOR

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Creates

AVERAGE ANNUAL GVA GROWTH BY SECTOR

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Av. GVA growth pa in WE

Av. GVA growth pa in GB

GVA PER FTE (2010) IN 000S

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£25BN ECONOMY

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£25BN ECONOMY

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FOUR LEVERS OF GROWTH - EXAMPLES TODAY

Results from MIPIM/ construction session 2

New Govt LIF2 fund (£50m) to kick-start private sector housing projects, HCA joining construction session 1, deadline end May

150 firms engaged with RGF3 #1147 firms engaged with RGF3 #2 £10-80,000 grants

Reaching & attracting talent

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MORE ENGAGEMENT, MORE OWNERSHIP, BETTER RESULTS - COLLABORATORIUM