An Economic Plan for London The LEP are working with London First - PowerPoint PPT Presentation

An Economic Plan for London • The LEP are working with London First and McKinsey & Company to deliver an Economic Plan for London – this will identify key areas to support jobs & growth • There will be wide consultation on the emerging themes over the summer • The final Plan is due to be published by the end of the year

European Structural Funds 2014-20 Overview European Programmes, GLA 11 July 2014

European Structural Funds 2014-20 • €745m (plus €43m Youth Employment Initiative) … including match funding = £1.3bn • “European Structural & Investment Fund” Strategy submitted to Govt • GLA manages the funds on behalf of the LEP and Govt • Launch late 2014 – subject to Govt and EU agreement

ERDF focus on Supporting Strengthening infrastructure & science & the low carbon technological resource- development efficient economy

ERDF-funded project

ESF focus on Freedoms, Employer flexibilities and Informed Engagement funding Customers incentives

ESF-funded project

Other EU Funding Streams include COSME - competitiveness of enterprise and SMEs(€8bn) Horizon 2020 - research and innovation (€80bn) Creative Europe - media (€815m) LIFE - environment and climate change (€815m) Employment and social innovation (€815m)

Contact us esf@london.gov.uk erdf@london.gov.uk

SUMMER OF HIGH STREETS Jamie Dean North East Area Manager Regeneration Development, Enterprise and Environment Greater London Authority

THE DIRECTORATE IS RESPONSIBLE FOR DRIVING THE MAYOR’S PRIORITIES ON JOBS AND GROWTH This includes delivering and implementing the Mayor's environment, transport and economic strategies and the effective implementation of the London Plan.

THE REGENERATION TEAM’S OBJECTIVE IS TO DRIVE AND SHAPE GROWTH IN LONDON’S TOWN CENTRES AND HIGH STREETS We mostly do this through strategic regeneration projects, including the Outer London Fund, the Mayor ’s Regeneration Fund, the London Portas Pilots and the Growing Places Fund.

PARTNERSHIP WORKING London’s Great Outdoors High Streets SPG Pocket Parks Mayor ’s Street Trees Future Streets Incubator Fund Better Junctions Mini Hollands …

LEP: “TO WORK WITH BUSINESS, WITH TFL AND THE MAYORALTY TO TAKE A STRATEGIC VIEW OF THE REGENERATION, EMPLOYMENT AND SKILLS AGENDA FOR LONDON” Ambitions for London Boris Johnson, Mayor of London

RESEARCH

2,700,000 54% jobs 1,450,200 jobs Over half of London's total jobs outside the CAZ

MAYORAL INVESTMENT £10M OLF R1 £0.4M PORTAS £5M OTHER £40M OLF R2 £70M MRF

30 PLACES OLF ROUND 1

23 PLACES OLF ROUND 2

19 PLACES MRF

4 PLACES OTHER MAYORAL FUNDING

4 PLACES PORTAS PILOTS

8 PLACES GROWING PLACES FUND With 14 additional pan-london schemes

30k 8 400 sq. meters of public new trader sustained job realm created or associations opportunities have improved have been formed been created 50 50 400 people have been young people have empty units have supported into received business been brought back self-employment training and support into use

SUPPORT – HIGH STREET NETWORK

SUPPORT – SAT

BEST PRACTICE ADVICE

PLACE SHAPING – WOOD STREET

PLACE SHAPING – RAINHAM

PLACE SHAPING – SIDCUP

NEXT STEPS: SUMMER 2014

SUMMER OF HIGH STREETS

RIBBON CUTTINGS

FESTIVALS

LEARNING FROM LONDON’S HIGH STREETS

HIGH STREET CONVERSATIONS

FINAL TOWN CENTRES SPG

MAYOR’S ACTIONS FOR HIGH STREETS

AUTUMN 2014: OPEN FOR BUSINESS Full launch of next funding round.

LAUNCH AND PROSPECTUS

ONLINE PLATFORM brickstarter.org

FUNDING FEATURES As before: • Not prescriptive, outcomes driven • Predominantly focussed on places Focus on partnerships • • Develop Specialist Assistance Team offer • Continue with facilitating networking.

FUNDING FEATURES Emerging features: • Rolling programme with the ability to fold in future funding Staged and flexible approach to funding • • Provide for non-local authority applicants.

SUMMER OF HIGH STREETS Jun Jul Aug LFA walks Mayoral launch Conversations Ribbon cuttings Conversations Ribbon cuttings Ribbon cuttings Sep Oct Nov Finalise criteria Open for and process business Ribbon cuttings

SUPER CONNECTED CITIES Jamie Dean North East Area Manager Regeneration Development, Enterprise and Environment Greater London Authority

£3000 VOUCHERS FOR BROADBAND INSTALLATION • Connection Voucher Scheme funded by DCMS • £100 million across 22 UK cities • £23 million in London • Grants for over 9,000 businesses • Live until March 2015.

CONNECTION VOUCHER SCHEME • SMEs and charities • Maximum 249 employees / volunteers • 1 voucher per business • High-speed/high-grade broadband services • Up to £3000 towards installation costs • SME must pay VAT and ongoing monthly charges • Contract is between the SME and service provider • Joint applications from multiple SMEs are permitted e.g. same building or business park - this can reduce monthly charges

BUSINESS BENEFITS • Reduced hardware costs • Quick data transfer • Super fast connection Reliable videoconferencing and IP telephony • • All online services more quick and reliable • Remote working capability • Increased productivity

FIND OUT MORE AND APPLY Tuesday 15 July Event at City Hall for landlords and property agents To apply: WWW.LONDON.GOV.UK/BROADBAND Queries: BROADBAND@LONDON.GOV.UK Supplier list and technologies: CONNECTIONVOUCHERS.CO.UK

PUTTING BUSINESSES ON THE MAP

DEMAND FROM SMALL BUSINESS • 1000 SMEs polled by YouGov in January 2014 • 26% of SMEs likely to get a Dot London web address = over 200,000 businesses Reasons for Registering a Dot London Domain Proud to be London based Customers will find us more easily Generate more sales A greater sense of trust More prestigious Shorter, more memorable addresses 0% 10% 20% 30% 40% 50% 60%

BUSINESS SUPPORTERS

LIVE PIONEERS metrobank.london symphonyorchestra.london westhamunited.London zomato.london

REACHING LONDON BUSINESSES

BUSINESS INTERMEDIARIES Reaching London businesses via • Local Chambers of Commerce • Local Business Associations • Trade and Sector Associations • Events Tools available: social media, videos, infographics, news articles and editorials Please let us know of any engagement opportunities for Dot London

MARKETING CAMPAIGN

CONTACT US contact@dotlondondomains.london www.dotlondondomains.london @dotLondon #DotLondon

London Enterprise Panel Event Mayor’s Export Programme

The Mayor’s Export Programme Formed under the London Enterprise Panel • SME working Group In partnership with UK Trade & Investment • (UKTI) London – the Government department that helps UK-based companies succeed in the global economy. Support SMEs in seeking export opportunities • £1.4 million towards supporting SMEs to • export to new markets EU Funding from now until December 2015 •

Enhancing Support for London Companies • We will deliver: Range of Export Events • and workshops; Trade Missions • Strategy & Marketing • Programmes in India & China •

The Mayor’s Export Programme • September launch event "Beyond London 2012 - Helping SMEs access the global market through international sport events“ with 250+ SMEs. • 2 & 1/2 year programme providing 12 hours of export assistance to 240+ SMEs, particularly in tech & life sciences. • Export focused events for 2000+ SMEs. • Four trade missions delivered so far; Brazil, India, Austria and Mexico.

Our Missions so far: Mission Sector SME’S Sales/Wins Jobs Created Brazil – Oct 13 Tech 11 £600,000 18 India – Oct 13 Multi 11 £467,500 3 Vienna – Nov 13 Life Science 17 - Mexico – Mar 14 Consumer & 7 £11,500 0 Retail Total 46 £1,079,000 21

Do You?!?........ Do you want to find profitable growth for your business? Believe you have a product or service with the potential to sell overseas? Have the ambition to push forward into new markets?

More information • Website: www.london.gov.uk/londonenterprisepanel • www.london.gov.uk/priorities/business- economy • www.london.gov.uk/for-business • • Twitter: @LondonLEP • • Contact: londonenterprisepanel@london.gov.uk •