Eric Nicholls – Spiral UK Ken Martin – Cornwall Manufacturers Group
1300 companies (>90% fewer than 10 emps) 19,000 employed – 25% self employed 9.5% of Cornwall employment £732m GVA (10% of total) Multiplier 1.51 Higher than average pay
35 companies 3350 employees (20% total) £130m p.a. into Cornish economy £500m turnover 94% exported out of Cornwall 42% exported out of UK GVA £260m (36% of manufacturing GVA)
Bid by Cornwall Development Company (CDC) and CMG with private sector lead (Eric) Needed organisation acceptable to SFA for admin – West of England Aerospace Forum (WEAF) CMG – Project Management Steering Group chaired by Eric Quarterly meetings with SFA Monthly claims
No risk to SFA Only claimed when training complete and evidenced Minimum paperwork for companies – state aid etc Late start Monthly claims 3 reprofiles
Origin inal al New EooS 313,000 247,000 Company 549,000 454,000 Total 862,000 701,000 % 36% 35%
Four strands Apprenticeships – Cornwall College Continuous Improvement – South West Manufacturing Advisory Service (SWMAS) Digital Sales and Marketing – Chartered Institute of Marketing (CIM) CAD – Falmouth University
Strand nd Old New Actual ual Apprenticeships 20 9 9 Continuous 50 65 75* Improvement CAD 20 22 24* Digital Sales & 20 14 16 Marketing *Possible because cost per participant is lower than originally planned.
4 strands – 1 company 3 strands – 2 companies 2 strands – 8 companies 1 strand – 9 companies 20 companies in total 18 SMEs
Power in hands of employers (development money and bespoke courses especially Apprenticeship strand) Empowered companies – showed benefit of working together Increased voice Strengthened relationships Raised awareness of other training funds and areas of co-operation
Value Added Problem Solving in companies as non- accredited Job creation: 2 companies now have 5 apprentices in new posts Progression: EooS – LRF. Top up to full apprenticeships. Plus 1-3 extra days training at higher level. KTP – University of Falmouth Wide eligibility criteria University continues to be used post training
Bureaucracy/keeping it simple!! Herding SMEs Timescale Changing circumstances of the companies involved – importance of re-profiling.
Flexible re-profiling 3 rd party broker for SMEs Must be simple to administer Awareness of true cost to company - benefit must outweigh direct and indirect costs Ability to problem solve within the training In kind match funding to be taken into account Non accredited meant companies could get what they wanted and needed Project Management and Admin costs - linked to project size - differentiation for SME projects
The project delivered what it said it was going to do We would like another one just like it that is tailored to companies’ needs.
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