Local Industrial Strategy

Help shape the development of the Cornwall and Isles of Scilly Local Industrial Strategy, our compelling case to government about how we can make the most of our distinctive strengths and opportunities to raise productivity in our economy.


Share your voice, help shape the future

Our aim is to develop a strategy which makes a compelling case to government and private sector investors, built on evidence of our county’s distinctiveness and future opportunities for economic development, jobs and wages growth. It will also set out how Cornwall and the Isles of Scilly can help contribute to national challenges and ambitions.

CIoS Local Industrial Strategy will not replace our other local strategies, such as 10 Opportunities and Vision 2030, but it will become our ongoing conversation with government.

What is the CIoS Local Industrial Strategy?

All Local Enterprise Partnerships are tasked with developing a Local Industrial Strategy which demonstrates how areas will raise productivity in the economy, in line with the Government’s national Industrial Strategy.

They should set out a small number of clearly defined priorities for how cities, towns and rural areas will maximise their contribution to UK productivity, and allow areas to make the most of their distinctive strengths.

They will promote the co-ordination of local economic policy and national funding streams, and be based on clear evidence. Local Industrial Strategies will inform Local Enterprise Partnerships’ approach to any future local growth funding deployed through them, and establish new ways of working between national and local government.

Contributing to the Local Industrial Strategy, CIoS LEP has its 10 Opportunities document ‘Towards a Local Industrial Strategy’ which was developed in 2018 in wide consultation with the business community. It identified nine industry opportunities and drivers of economic change and growth as well as identifying sectors such as construction and manufacturing which underpin the development of a strong economy.

In 2017 the LEP published Vision 2030 which was a revised and updated Strategic Economic Plan. This focused on People and Place, Innovation and Creativity, Productivity-Led Growth, Inclusive Growth, Building Great Careers, Vibrant Communities and Global Presence.

These documents and the consultation data which led to their development form part of the evidence base underpinning the Local Industrial Strategy.

How will we deliver it?

The first step is to compile evidence and data which will be submitted for independent economic review. The review may identify gaps in the data which we will address. The review will also indicate likely areas of focus and give us the initial framework of a draft strategy. From there we will consult on the draft to get feedback and critique from businesses and organisations which will then help shape the evolving strategy into a final document ready to be submitted early in 2020.

There is a requirement that the strategy helps to address the government’s four grand challenges:

  • Growing the artificial intelligence and data driven economy
  • A shift towards clean growth
  • A world leader in the future of mobility
  • Innovation in order to meet the needs of an ageing society

The government also want Local Industrial Strategies to respond to their five foundations of productivity:

  • Ideas: the world’s most innovative economy
  • People: good jobs and greater earning power for all
  • Infrastructure: a major upgrade to the UK’s infrastructure
  • Business environment: the best place to start and grow a business
  • Places: prosperous communities across the UK
The evidence base analysis is ongoing but has fed in alongside stakeholder input to inform our first consultation document, now available to download.
 

 
How to get involved

Where we have been consulting so far:

  • Geographical roundtables in St Austell, Launceston, Hayle and Saltash
  • Cornwall Skills Show speaking to young people on 8 October
  • The AgriFood Council at Lanhydrock on 8 October
  • The Employment and Skills Board on 9 October
  • Francis Clark & Cornwall Business Partnership 15 October
  • Isles of Scilly Roundtable on St Mary’s on 16 October
  • CIoS LEP consultation event at The Alverton Hotel on 18 October
  • Cornwall Chamber of Commerce Business Fair Breakfast & Networking Zone 30 October

Our survey: we know how busy you all are running your businesses and doing your jobs, so we want to make it as easy as possible for you to share your views.  Complete our online survey and make your voice heard.

Why should I get involved?

There are limits to data and numbers will only get us so far. The experience of local businesses is vital to understand the challenges and opportunities you are facing, which data cannot illuminate. That’s why we are engaging with the business community and other stakeholders to make sure that we develop a Local Industrial Strategy that reflects the needs of our economy and is something that we can all buy into.

Page last updated: 14:56, 8th November 2019
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Cornwall and Isles of Scilly Local Enterprise Partnership, PO Box 723, Pydar House, Pydar Street, Truro, TR1 1XU
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