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Accelera'ng	
  Growth	
  in	
  Ci'es	
  
Ci'es	
  face	
  an	
  unprecedented	
  
jobs	
  challenge…	
  
Unemployment	
  remains	
  stubbornly	
  high…	
  
Par$cularly	
  for	
  young	
  people…	
  
And	
  in	
  specific	
  regions…	
  

Challenges	
  remain	
  for	
  most	
  groups…	
  
…while	
  public	
  spending	
  has	
  been	
  reduced	
  

Projected	
  spending	
  against	
  projected	
  revenue	
  for	
  Local	
  Authori$es*	
  

*Funding	
  outlook	
  for	
  councils	
  from	
  2010/11	
  to	
  2019/20:	
  Preliminary	
  modelling,	
  Local	
  Government	
  Associa$on,	
  June	
  2012	
  
We	
  need	
  innova'on…	
  
A	
  lost	
  decade	
  of	
  Innova'on…	
  

Steady	
  decline	
  in	
  UK	
  investment	
  falling	
  from	
  approximately	
  27	
  per	
  cent	
  in	
  1999	
  to	
  21	
  per	
  cent	
  in	
  2009	
  
..new	
  innova'on	
  funding	
  opportuni'es	
  
are	
  emerging	
  
City	
  Deals	
  

Single	
  Local	
  Growth	
  Fund	
  

EU	
  2014-­‐2020	
  Programme	
  

Local	
  Economic	
  Partnerships	
  
David	
  Frost	
  –	
  Chair	
  of	
  LEP	
  Network	
  
Tools	
  to	
  bring	
  innova'on	
  alive…	
  
Accelerators…	
  
Systema'c	
  but	
  flexible	
  way	
  to	
  support	
  new	
  businesses	
  and	
  entrepreneurs	
  	
  
Nesta	
  host	
  one	
  accelerator…	
  

…and	
  have	
  invested	
  in	
  four	
  others	
  
Challenge	
  Prizes…	
  
Challenge	
  prizes	
  offer	
  a	
  reward	
  to	
  whoever	
  can	
  first,	
  or	
  most	
  effec$vely,	
  meet	
  a	
  defined	
  challenge.	
  They	
  act	
  as	
  an	
  
incen$ve	
  for	
  mee$ng	
  a	
  specific	
  challenge,	
  rather	
  than	
  an	
  award	
  for	
  past	
  achievements.	
  
•  Nesta,	
  in	
  associa$on	
  with	
  the	
  Cabinet	
  Office,	
  offered	
  a	
  prize	
  for	
  the	
  
innova$on	
  that	
  can	
  reduce	
  the	
  isola$on	
  and/or	
  increase	
  the	
  mobility	
  of	
  
vulnerable	
  older	
  
•  Five	
  finalists	
  received	
  	
  £10,000	
  each	
  while	
  the	
  idea	
  that	
  demonstrates	
  
the	
  most	
  success	
  will	
  be	
  awarded	
  	
  £50,000	
  
Radio	
  Club	
  	
  

The	
  AZer	
  Work	
  Club	
  

Community	
  Cafe	
  

Help	
  for	
  Isolated	
  LGBT	
  People	
  

Tools	
  Company	
  for	
  Men	
  
Big	
  Data…	
  
There’s	
  real	
  scope	
  to	
  harness	
  ‘big	
  data’	
  to	
  create	
  jobs	
  and	
  tackling	
  unemployment	
  by	
  pooling	
  data	
  sources,	
  mapping	
  
clusters	
  and	
  matching	
  skills	
  of	
  job	
  seekers	
  to	
  short	
  term	
  employer	
  needs.	
  	
  
Proving	
  Social	
  Innova'ons…	
  
We	
  need	
  beber	
  data	
  and	
  rigorous	
  evalua$on	
  of	
  
what	
  really	
  works	
  and	
  easy	
  access	
  to	
  compare	
  
interven$ons.	
  	
  
Targeted	
  Interven'ons…	
  
We	
  have	
  iden$fied	
  many	
  projects	
  and	
  
programmes	
  which	
  address	
  par$cular	
  
gaps	
  in	
  the	
  labour	
  market.	
  

hbp://makethingsdostuff.co.uk/	
  
Learn	
  more	
  at	
  our	
  workshops…	
  
a)  Accelerator	
  Workshop	
  –	
  Vicki	
  Sellick	
  

b)  Challenge	
  Prizes	
  Workshop	
  –	
  Tris	
  Dyson	
  
c)  Big	
  Data	
  Workshop	
  –	
  S$an	
  Westlake	
  

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Stian Westlake Innovation In Growing Cities

  • 2. Ci'es  face  an  unprecedented   jobs  challenge…  
  • 3. Unemployment  remains  stubbornly  high…   Par$cularly  for  young  people…   And  in  specific  regions…   Challenges  remain  for  most  groups…  
  • 4. …while  public  spending  has  been  reduced   Projected  spending  against  projected  revenue  for  Local  Authori$es*   *Funding  outlook  for  councils  from  2010/11  to  2019/20:  Preliminary  modelling,  Local  Government  Associa$on,  June  2012  
  • 6. A  lost  decade  of  Innova'on…   Steady  decline  in  UK  investment  falling  from  approximately  27  per  cent  in  1999  to  21  per  cent  in  2009  
  • 7. ..new  innova'on  funding  opportuni'es   are  emerging   City  Deals   Single  Local  Growth  Fund   EU  2014-­‐2020  Programme   Local  Economic  Partnerships  
  • 8. David  Frost  –  Chair  of  LEP  Network  
  • 9. Tools  to  bring  innova'on  alive…  
  • 10. Accelerators…   Systema'c  but  flexible  way  to  support  new  businesses  and  entrepreneurs     Nesta  host  one  accelerator…   …and  have  invested  in  four  others  
  • 11. Challenge  Prizes…   Challenge  prizes  offer  a  reward  to  whoever  can  first,  or  most  effec$vely,  meet  a  defined  challenge.  They  act  as  an   incen$ve  for  mee$ng  a  specific  challenge,  rather  than  an  award  for  past  achievements.   •  Nesta,  in  associa$on  with  the  Cabinet  Office,  offered  a  prize  for  the   innova$on  that  can  reduce  the  isola$on  and/or  increase  the  mobility  of   vulnerable  older   •  Five  finalists  received    £10,000  each  while  the  idea  that  demonstrates   the  most  success  will  be  awarded    £50,000   Radio  Club     The  AZer  Work  Club   Community  Cafe   Help  for  Isolated  LGBT  People   Tools  Company  for  Men  
  • 12. Big  Data…   There’s  real  scope  to  harness  ‘big  data’  to  create  jobs  and  tackling  unemployment  by  pooling  data  sources,  mapping   clusters  and  matching  skills  of  job  seekers  to  short  term  employer  needs.    
  • 13. Proving  Social  Innova'ons…   We  need  beber  data  and  rigorous  evalua$on  of   what  really  works  and  easy  access  to  compare   interven$ons.    
  • 14. Targeted  Interven'ons…   We  have  iden$fied  many  projects  and   programmes  which  address  par$cular   gaps  in  the  labour  market.   hbp://makethingsdostuff.co.uk/  
  • 15. Learn  more  at  our  workshops…   a)  Accelerator  Workshop  –  Vicki  Sellick   b)  Challenge  Prizes  Workshop  –  Tris  Dyson   c)  Big  Data  Workshop  –  S$an  Westlake