Overall goals: 25k extra jobs, 2.9bn increase in GVA, 21.5k extra homes, by 2025, from 2013 baseline Objectives Goals Strategic Priorities Activity Promote Provide a county-wide account-managed investor support service Attract Lead on the marketing and promotion of Worcestershire to investment to Worcestershire’s international profile as a Raise the profile of Worcestershire as a place to invest, work and do business encourage Worcestershire business investment location for FDI and UK Deliver on the KPIs as established in the Invest in Worcestershire Business Plan (incl. investment, retain creating 1,800 relocation 1,800 jobs and 1.8m sqft by 2020) businesses & raise new jobs and the profile as a 1,800,000 sqft of business location. new commercial Develop the international relationship with likeminded geographies (to be identified) floorspace by Promote Worcestershire’s Security sector Progress the project and reputation of Midlands and the Cyber Resilience Alliance March 2020 as a market for international business (Science and Innovation Audit). investment Seek further opportunities to promote Worcestershire’s Digital sector through Increase national/international events, relationships and related investment opportunities. resident economic Disseminate best practice from national organisations (e.g. the What Works Centre for wellbeing and Local Growth) to inform local project delivery. satisfaction in Support the development of evidenced based the economy Establish a Monitoring and Evaluation plan for each Growth Deal project. policy and interventions proportionate, seek more comprehensive approaches to evaluating WLEP projects that benefits the evidence-base for economic interventions on a national scale. Successfully attract additional central Government investment on Manage and maintain a Research Programme Maintain, as required, an ongoing series of research projects that support the formation key projects to support WLEP projects with reliable, and delivery of WLEP initiatives. from the UK accurate and up-to-date evidence. Shared Prosperity Fund
Overall goals: 25k extra jobs, 2.9bn increase in GVA, 21.5k extra homes, by 2025, from 2013 baseline Objectives Goals Strategic Priorities Activity Promote Worcestershire to encourage investment, retain businesses & raise the profile as a business location. Attract investment to Worcestershire creating 1,800 new jobs and 1,800,000 sqft of new commercial floorspace by March 2020 Increase resident economic wellbeing and satisfaction in the economy Successfully attract additional central Government investment on key projects from the UK Shared Prosperity Fund Lead on the marketing and promotion of Worcestershire’s international profile as a business investment location for FDI and UK relocation Provide a county-wide account-managed investor support service Raise the profile of Worcestershire as a place to invest, work and do business Deliver on the KPIs as established in the Invest in Worcestershire Business Plan (incl. 1,800 jobs and 1.8m sqft by 2020) Promote Worcestershire’s Security sector as a market for international business investment Develop the international relationship with likeminded geographies (to be identified) Progress the project and reputation of Midlands and the Cyber Resilience Alliance (Science and Innovation Audit). Seek further opportunities to promote Worcestershire’s Digital sector through national/international events, relationships and related investment opportunities. Support the development of evidenced based policy and interventions Disseminate best practice from national organisations (e.g. the What Works Centre for Local Growth) to inform local project delivery. Establish a Monitoring and Evaluation plan for each Growth Deal project. proportionate, seek more comprehensive approaches to evaluating WLEP projects that benefits the evidence-base for economic interventions on a national scale. Manage and maintain a Research Programme to support WLEP projects with reliable, accurate and up-to-date evidence. Maintain, as required, an ongoing series of research projects that support the formation and delivery of WLEP initiatives.