The document discusses the establishment of the Oxon-LEP governance structure and priorities. It outlines an interim governance structure including an executive board of 12 members from private, public, and academic sectors that will meet monthly, and an ambassador forum. The priorities identified are developing markets in low-carbon, advanced materials, and life science sectors, and focusing on Science Vale UK, Bicester, and Oxford. Key initial work priorities are addressing skills deficiencies, supporting innovation and growth, and securing infrastructure investment. The document also discusses upcoming bid opportunities including the Regional Growth Fund and broadband funding.
2. Oxon-LEPEstablishing Ourselves and Our Priorities Meeting Purpose Agree Interim Governance Arrangements: Structures, Roles, People Review of Priorities from the bid document Process and Priorities for Regional Growth Fund Bids Next Steps
3. Oxon-LEPEstablishing Ourselves and Our Priorities Governance ‘Light-touch’ – a collaborative partnership Does not seek to duplicate existing working arrangements/groupings The arena in which private and public sector identify the key issues The means of engaging Government in a new way of working – local needs taken into account nationally
4. Oxon-LEPEstablishing Ourselves and Our Priorities Executive Board Chair (to be elected) 3 x Vice Chairs – private, public and academic sectors 12 members – act as ‘champions’ Meeting monthly – initially; Bi-monthly in longer term All papers in public domain
5. Oxon-LEPEstablishing Ourselves and Our Priorities Forum ‘Ambassadors’ – ‘selling’ Oxfordshire to stakeholders, investors Forum – holding the Executive Board to account: helps in identifying opportunities, ambitions and challenges Oxfordshire County Council providing some administrative support to Executive Board and Forum
7. Oxon-LEPEstablishing Ourselves and Our Priorities Our Ambition To set out a single, clear vision for the longer-term future of Oxfordshire’s economy To provide collective leadership by the most senior and high profile leaders in the private, public and academia sectors
8. Oxon-LEPEstablishing Ourselves and Our Priorities Focus on developing markets and creating private sector jobs in those sectors with greatest potential: Low carbon and green technologies Advanced materials and engineering Space and other high value R&D science based sectors (including health care)
9. Oxon-LEPEstablishing Ourselves and Our Priorities Focus on our spatial priorities: Science Vale UK – national and international leader in science and innovation Bicester – eco-town to act as a focus for delivering an international exemplar of sustainable development Oxford – continue to support our world-class centre of education, research and innovation
10. Oxon-LEPEstablishing Ourselves and Our Priorities Our Initial Work Priorities are: Addressing Skills Deficiencies Supporting innovation and growth, including access to business finance Business support provision Securing investment for infrastructure priorities Addressing specific barriers to growth identified by businesses themselves
12. Oxon-LEPEstablishing Ourselves and Our Priorities Modus Operandi for Executive Board Aim for Oxfordshire Enterprise to be “Outstanding” Proven Business Processes Sharp Prioritisation (“Rule of 3”) Clear Decision Taking Process Action & Delivery Orientation Working/Delivery Teams (“Rule of 7”) “Row”, “Steer” and “Cheer” Friends/Supporters “NewCo”, Oxfordshire Partnership … “Distillation” and “Cascade”
13. Oxon-LEPEstablishing Ourselves and Our Priorities Bid Opportunities Portfolio and (Sharp) Prioritisation Approach Regional Growth Fund (only £1.4billion for UK over 3 yrs!) First Round Bids by 21st Jan 2011 Outline Candidates by 15th Dec 2010 Selection of 2 (-3) before Christmas 2010! Bid development by mid Jan 2011 Broadband Bid to BDUK Bids to European Sources (possible SEEDA support) TIC’s; Growth Hubs (TSB)