Document

Report
Hartlepool Education
Commission Conference
Wednesday 5th November
Antony Steinberg
Economic Regeneration
Manager
Tees Valley Context
• Tees Valley is an area of
innovation that contributes
over £10 billion to the national
economy;
• The area is a major hub for
process industries, high value
engineering and advanced
manufacturing;
• The Tees Valley has 665,100
residents with 419,200 being of
working age (16 to 64 years
old).
TV Strategic Economic Plan
• The Tees Valley Strategic
Economic Plan presents our
proposal to generate growth
through transformational change.
The plan has four objectives: •
Support Innovation and Sector
Development
1. Develop The Workforce
2. Develop and Provide
Infrastructure
3. Attract and Retain Wealth
TV Strategic Economic Plan
• By working collaboratively with
partners and through the
support of the Government, the
Tees Valley Strategic
Economic Plan aims to: • Create an additional 25,000
jobs in the Tees Valley within
growth sector industries, and;
• Provide an additional £1 billion
for the Tees Valley economy
over the next decade.
Sector Specific Opportunities
• Tees Valley Unlimited have identified
four key sectors where growth is
strategically important at a local and
national level : • Advanced Manufacturing – 2,500
New Jobs
• Process Industry – 2,000 New Jobs
• Digital / Creative – 2,000 New Jobs
• Low Carbon – 2,500 New Jobs
Skilled Workforce
• A skilled workforce is essential to
facilitate the 25,000 new jobs which will
be created over the next decade;
• 25% or 6,266 of the new jobs will require
an individual with a Level 4 qualification;
• 33% or 8,393 of the new jobs will require
an individual with a Level 3 qualification;
• More than 7,000 jobs will be within key
sectors such as High Value Added
Engineering and Logistics which
requires individuals with STEM
qualifications.
Hartlepool Context
• Hartlepool has a strong economic
base in key sectors including
advanced manufacturing;
• The town is part of the largest
clusters of petrochemical
companies in the world;
• The Hartlepool Nuclear Power
Station provides energy to over
1.5million homes, and;
• Hartlepool has 92,700 residents
with 58,300 being of working age.
Economic Regeneration Strategy
• The ERS is a ten year strategy
which was developed by
partners and businesses to
provide the vision to improve the
economic vitality of the town.
• The aim of the strategy is to: • ‘Develop a more enterprising,
vigorous and diverse local
economy that will attract new
investment, enable local
enterprises and entrepreneurs
to be globally competitive and
create more employment
opportunities for local people.’
Hartlepool Vision
• This year saw the launch of the
Hartlepool Vision which is a
radical new blueprint to revitalise
the centre of the town, spark
Hartlepool’s regeneration and lay
the foundation for its future
prosperity. It covers eight areas: –
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Church Street
Hartlepool Waterfront
Port Estate
Queens Meadow
Headland
Town Centre
Seaton Carew
Wynyard
Hartlepool Vision- Key Areas
Hartlepool Vision
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Vision launched on the 29th January 2014 & attended
by 150 representatives from businesses and industry
GVA Grimley appointed to develop the Hartlepool
Regeneration Masterplan.
Public and Stakeholder consultation held on the 4th
and 5th August 2014. Stakeholder workshop was
attended by 70 businesses.
M7 Real Estate announce plans for Highlight Retail
Park
Crown Buildings Student Accommodation
constructed.
Hillcarter Hotel acquired with investment plans linked
to Vision for Church Street
NMRN announce affiliation with HMS Trincomalee
Development agreement signed with the Esh Group
for the Seaton Carew Masterplan.
Masterplan – Next Steps
•
Baseline Analysis now complete
•
Retail Strategy, Leisure and Tourism Strategy,
Movement and Connectivity Strategy, options
development and viability assessments currently
being developed.
•
Additional Stakeholder and public consultation
August/September 2014
•
Draft Masterplan end of November 2014
•
Final Masterplan and Action Plan January 2015
•
Developer Engagement 2015
•
Opportunities such as the relocation of the Depot
could be progressed in advance of the
Masterplan.
Enterprise Zone
• Queens Meadow Enterprise
Zone is the most successful in
Tees Valley;
• Ten projects delivered on the
site which have created over
130 jobs, secured £2m of
private sector investment and a
proposed new build of high
quality business units totalling
30k sq ft
• Queens Meadow will be the first
Enterprise Zone in Tees Valley
enabled with super fast fibre
optic broadband.
Local Growth Deal
• Growth Deals provide funding
from the Government for projects
that benefit the local area and
economy;
• The Tees Valley has secured
£90.3million with £14.1m of new
funding confirmed for 2015/16
and £21.2m, and;
• Cleveland College of Art and
Design has been awarded
£8.3million to build a new
campus and transform the
Church Street area.
Regional Business Grant Aid
• RGF: Government funding aimed at
economic growth and sustainable
employment in Hartlepool.
Huntsman was awarded £2.7million
to install state of the art equipment,
safeguarding 700 jobs and
generating £25m+ private sector
investment.
• Let’s Grow and Business Compass
grants awarded to 7 local
businesses, totalling £3.4m,
attracting £7.2m private sector
investment, creating over 173 new
jobs.
Local Economic Indicators
• Over the last four years 985 new
businesses have been created in
Hartlepool with a start-up rate of
35 per 10,000 adults. Higher than
the regional average;
• The town has a two year
business survival rate of 79.1%,
higher than the Tees Valley,
North East and GB rates;
• The employment rate has
increased from 57.3% in June
2012 to 62.3% in March 2014.
Youth Employment
• Youth Unemployment rate in
Hartlepool has reduced from
17.0% in September 2012 to
8.7% in October 2014;
• This is the biggest reduction in
the Tees Valley and third
largest in Great Britain;
• Also, the Youth Employment
Rate has increased from
38.4% in December 2009 to its
current level of 46.8%.
Case Study
• Paul Whitlock is the North East ESF
Individual Award Winner;
• Paul lives with autism and had a home
education based around the things he
liked. This led him to discover his
creativity and he started a comic book /
graphic novella publishing house.
• HBC’s Economic Regeneration Team
supported him to become selfemployed, develop a business plan
and learn how to publicise his work. He
is now on track to make his company
Monkeyhound successful.
Any Questions?

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