1. A New Approach to
Local Economic Growth

2. A New Approach
• ‘NOT Whitehall knows best’
• ‘An end to top down initiatives’
• ‘Shifting power to local communities and businesses
through bodies that represent real economic
geographies’
Local Growth White Paper, October 2010

3. Private Sector Led
Realising Every Place’s Potential
HM Government

6. Our Board of Directors
• Chairman – John Peel OBE
• Vice Chairman – Timothy Wates
• 6 Representatives from Business
• 5 Public Sector Council Leaders
• 1 HE/FE Representative

7. Infrastructure
Provided by:
• Brighton & Hove City Council
• London Borough of Croydon
• Surrey County Council
• West Sussex County Council

8. Transforming Business and
Economic Performance

9. C2C Vision
• Growth will be driven by a clear focus on the twin
priorities of Enterprise and International Growth
• In this way, we will transform business and economic
performance

10. By 2035
The Coast to Capital Area and its businesses will
be able to compete in any International
Marketplace

11. Our Targets
Over 5 Years
• 4,500 new businesses
• 4,000 more exporting businesses
• 20,000 new jobs
Over 25 Years
• 100,000 new jobs

12. Enterprise
• In short, entrepreneurship coupled with high rates of
new businesses spurred on by dynamic trade-led
growth, will in the long term provide the right
competitive environment and source of future
business success

13. International Trade
• Businesses that trade internationally deliver 60% of
UK productivity growth. They will act as the engine
house for improved business growth and
performance across all parts of our economy and
ensure sustainable growth.

14. Finance
Our role is to create favourable conditions for
Private Sector Investment

15. Learning to Date
• We were only formed in January with a Board of Directors in
April
• The role of the LEPs has been well received by both the
Private and Public sectors
• Project funding has quickly become available from
government
• Business and the Area Partnerships are keen to work together
• We are currently identifying key strategic partners from
business

16. Business and Local Authority Partners

17. Enterprise
Boosting Entrepreneurship and
Business Formation

18. Tackling Areas and Groups with Low
Enterprise and Entrepreneurship
To define tightly targeted areas, population
groups and sector specific industries

19. Enterprise & Entrepreneurship
For Young People and Young Adults
Enterprise Education to be embedded
throughout Primary Schools, Secondary Schools,
Colleges and Universities

20. International Trade
Increasing Those Businesses Who
Trade Internationally

21. Finance
Funding for Business and Projects

22. Your Vision is Our Vision
The Area Partnerships

24. Responsive to Local Needs
• Supporting Local Authorities
• A strong focus on the needs of the local economy
• Finding new ways of tackling challenges in the local
economy
• Providing the right competitive environment and
sources of future business success

25. Wins to Date
• £15m Growing places allocation
• Capacity Grant of £45K for research
• Start-up Grant - £240K

26. The Challenges You Face
• Minimal growth in the economy
• Inflation
• Supplier costs increasing
• Slow decision making on the behalf of buyers
• Inability to raise finance
• Difficulties in recruiting the right staff

27. Supporting Business
• Driving national priorities such as broadband
• Providing the right competitive environment
• Promoting new business areas
• Introducing enterprise into schools and colleges
• Providing access to new markets

28. Planned Events
• Coast to Capital Forum
• Internationalisation Conference
• BDUK deadlines
• Growing Places
• Research issued.

29. Businesses Say
• The area now has a strong vision for economic development and a focus for
strategic investments into the area.
Thales UK
• Partnership working is an important part of the way we operate to support the
wider community.
Dave Shemmans, CEO Ricardo plc
• We especially support the emphasis on enterprise and entrepreneurship and the
education and development of the individual.
Clive Behagg, University of Chichester

30. Available Media
www.Coast2Capital.org.uk