6.1 6.2 6.3 6.4 6.5 6.6 6.7 3 Year Business Plan Including Pipeline After some debate it was acknowledge that business plan tables across the next 3 years considered projects and programmes that were already funded or part funded. These projects are all identified from the allocated funding within the EU programme, Local Growth Fund or other local resources. The Board members expressed concern that this was a ‘business as usual’ type approach, it did not include a pipeline of new projects which could start to be developed as part of local plans or made ‘shovel-ready’ for funding opportunities that may become available. There was no ‘wow’ factor. The Board members were concerned that we had no calls for big investment or projects which could continue the story to achieve the vision. Mike Parker felt that a previous workshop he attended looked at the projects when delivering the SEP on a county wide GW
It was agreed that GW and JC would look at resources to turbo charge this activity or to understand the needs related to WISE particularly if the pilot is successful after the first year. SS suggested looking at WCC apprenticeship pool as a potential resource which could be accessed now. 8. 8.1 8.2 8.3 8.4 8.5 8.6 Centre for Entrepreneurship LS presented the paper on the development of a brand for the Centre of Entrepreneurship. Progress had been made since the last Board meeting on developing corporate and International connections to the model. CA and CW for clarification of the previous model that was proposed compared to the Centre of Entrepreneurship. LS acknowledged the previous work undertaken be the need for action and a for taking a model to develop existing companies, business start-ups and new entrepreneurs from Worcestershire and further a-field LS
Vision: To build a connected, creative, dynamic economy that delivers increased prosperity for all those who choose to live, work, visit and invest in Worcestershire Overall goals: 25k extra jobs, 2.9bn increase in GVA, 21.5k extra homes, by 2025, from 2013 baseline Objectives Goals Strategic Priorities Activity Increase the quantity and quality of commercial floorspace across the County Construct 1m sqft of new or improved commercial floorspace by 2019 Implement Game Changer site development programme Construction of 3m sqft of commercial across Game Changer sites by 2021 Acquire and develop the 4.5ha ‘QinetiQ Land Purchase’ site at Malvern as additional quality commercial space for the County by 2021 Establish prioritised locations for future commercial developments Support the growth strategies of each District to outline future commercial development to support the Strategic Economic Plan and Local Industrial Strategy Develop transport infrastructure to business to grow and accelerate housing development Reduce congestion and travel time on key routes Southern Link Road- Phase 4 M42/M5/A46 A38/A449/A465 Worcestershire Parkway Kidderminster Station Completion of Phase 4 of the Southern Link Road. Work with Highways England on development to the Strategic Highway network Promote A38 as next priority Local Majors project and complete LTB Assurance Framework process by March 2019. Commence construction of Worcestershire Parkway Station by Jan 2019 and work with franchise holds on improved services. Redevelopment of Kidderminster Station by December 2019 Improve Digital and Energy infrastructure to allow businesses to grow Increase availability and take up of Superfast Broadband to 100% Increase the options for renewable heat and energy supply Increase Superfast Broadband availability and promote the benefits of take-up to local businesses Support the rollout of local Superfast Broadband availability to 100% of businesses by December 2021 5G Testbed Develop the 1 of the 5G Testbed, allowing specific local employers to develop commercial 5G products by April 2019 Bid for three year Phase 2 of the 5G Testbed project Energy Security Develop an Energy Strategy for Worcestershire, that supports Worcestershire’s Local Industrial Strategy and ultimately develops a strong pipeline of investable low carbon projects by 2019 Increase the housing stock to Facilitate the construction of 21,500 homes as a direct result Remove infrastructure barriers to private sector investment in the development of new homes Deliver Pershore Northern Link Road and Churchfields projects by March 2021 Develop a Housing Implementation Plan to focus future investment on priority housing sites in each District to be monitored on an annual basis
support business growth of WLEP investment Embed environment sustainability across the County to enhance business settings, exports and inward investment Broker sustainable environment commitments as part of all Growth Deal and ESIF funded capital schemes Achieve individual sustainable components via all business development, strategic sites, transport infrastructure, green/waterway corridor infrastructure capital schemes Contribute towards Worcestershire Climate Change % target and improve energy security £1.4m ERDF capital Projects focusing on blue and green infrastructure corridors managed by Local Nature Partnership consortium See LNP Business Plan for full list of objectives and measures See Worcestershire Green Infrastructure Strategy (WLEP & WCC) for strategic priorities Climate Change - reference BEEP and other Climate Change programme support to SMES funded by ERDF (extract measures and targets) Insert Renewable Energy and Geothermal Projects here Wyre Forest Woodland Enterprise Zone with The Marches LEP 2018 - 2021 Business Plan for Marketing and Research