James Brathwaite CBE Chairman

1
James Brathwaite CBEChairman

• South East England Development Agency

2
Meeting The Business Challenges
Opportunities Of The 21st Century
3
South East of England Development Agency (SEEDA)

• Understand the challenges and opportunities
  facing businesses in the region
• Facilitate the creation of the South Easts
  Regional Economic strategy

4
Three Key Challenges Facing Businesses in the
21st Century

• Globalisation
• Smart Growth
• Sustainable Prosperity

5
Challenge Global Competitiveness

• Rise of Brazil, Russia, India and China (BRIC
  nations)
• BRIC nations expected to increase global output
  from 25 to 32 in 2015
• China and India produce 4m graduates annually
  compared with the UKs 290,000
• China and Indias annual combined output of
  computer science graduates outstrips the UK by
  251

6
Challenge Smart Growth

• To increase employment through reducing levels of
  economic inactivity
• To encourage enterprise and stimulate company
  formation and growth
• To drive innovation and creativity for business
  development
• To close the skills gap
• To promote investment in infrastructure

7
Challenge Sustainable prosperity

• Climate Change A two to three degree Celsius
  rise in temperatures could reduce global GDP by
  3
• Energy supply/demand Oil supply declining in
  next 5 years while energy demand increase
• Lower the environmental impact of economic
  activity

8
Opportunities

• Key challenges can become the opportunities of
  the 21st Century

9
Opportunity Global Competitiveness

• Global sourcing and production
• Value-added manufacturing and services key
• Inward Investment
• Outward Investment also an opportunity

10
Opportunity Smart Growth

• Reduce of the economic inactive
• Increase start-up activity and improve survival
  rates of start-ups
• Increase levels of RD spend in line with the
  Lisbon strategy
• Encourage more flexible working

11
Opportunity Sustainable Prosperity

• Innovative Technologies
• Energy
• Environmental
• Nanotechnology
• Built environment
• Physical infrastructure
• Sustainable communities
• Carbon neutral build

12
The South-Easts Regional Economic Strategy (RES)

• The RES sets challenging targets affecting these
  three key areas
• Average annual increase in GVA per capita of at
  least 3
• Productivity of workers increased to 50k per
  capita
• Reduce rate of increase of the regions
  ecological footprint

13
What is SEEDA doing to Support Business

• Business led Sector Consortia
• EnviroBusiness
• Farnborough Aerospace Consortium
• Marine South East
• South East Centre for the Built Environment
• South East Media Network
• South East Health Technologies Association

14
What is SEEDA doing to Support Business

• Manufacturing
• Advisory Service

• Innovation
• Advisory Service

15
What is SEEDA doing to Support Business

• Enterprise Hubs
• 21 locations
• On-site support
• Dynamic environment

16
What is SEEDA doing to Support Business

• Designing Demand

17
What is SEEDA doing to Support Business

• Access to finance
• Grants for Research Development
• Investments through Finance South East
• Trade and Investment
• Support for high growth companies
• Passport to Export

18
Challenges for HEIs

• HEIs are central to the regions success
• Pool of knowledge that could be exploited
• SEEDA works closely with the Knowledge Base and
  HEIs
• Knowledge Network program brings HEIs and
  industries together in specific sectors
• The Business Plus program supports new HEI and
  industry ideas

19
Innovation - the Bridge Between Challenge and
Opportunity

• Innovation and collaboration are key to making
  the business and challenges of today the
  opportunities of tomorrow