Solent Business Support Briefing 25Th November 2014 Southampton

Solent Business Support Briefing 25th November 2014 Southampton Solent University Simon Letts MP Leader Southampton City Council SOUTHAMPTON city of opportunity Education at the heart of Southampton's success JOBS AND SKILLS IN NUMBERS

£950m City Deal £80m new government funding levering inward investment, employer responsive skills delivery, funds for business start-up and growth, and into-work support for unemployed adults and young people.

6,600 new apprenticeships Over 5,000 adult learners per year 2014 to 2017 SCC funded apprenticeship action plan SCC targeted, commissioned community to raise young people's and employers' awareness, learning to raise aspirations and outcomes for and opportunities for apprenticeships in the city individuals and families. JOBS AND SKILLS IN NUMBERS

41 employment 203 and skills plans new apprenticeships 616 jobs created

748 349 382 accredited work experience curriculum qualifications placements support events OPPORTUNITIES

Southampton Apprenticeship and Portsmouth action plan City Deal

Economic growth

Community Section 106 learning Employment and Skills Plan % PUPILS ATTAINING 5 OR MORE A* - C GRADES AT GCSE

including English and Maths - compared to English Core Cities

40 2009/10 2010/11 2011/12 2012/13

Birmingham Bristol Leeds Liverpool

Manchester Newcastle upon Tyne Nottingham Sheffield

Southampton SE Region Average English Average GROWING PEOPLE, DEVELOPING SKILLS

2,072 people started apprenticeships in 2013

42% of apprenticeship starts are at advanced and higher levels

Apprenticeship success 54.5% rates have increased to residents are qualified to NVQ level 3 and above 72% GROWING PEOPLE, DEVELOPING SKILLS

KS1 attainment continues to be in line or above national average KS2 continues to exceed the national average

School places for the future secured 82.6% of pupils attend Early Years Foundation a 'good' or 'outstanding' school Stage outcomes continue to improve 79.7% of Southampton schools are rated 'good' or 'outstanding' SKILLS AND EMPLOYMENT – OBJECTIVES

Economic Growth Jobs for local people

Supporting Transformingx Businesses to grow services and reducing dependency

Anticipating labour Developing integrated market demand approaches SOUTHAMPTON IN NUMBERS

POPULATION OF 242,100 SOUTHAMPTON 2m 3.5m 20 MINUTE 40 MINUTE 60 MINUTE DAY VISITS A YEAR TO DRIVE TIME DRIVE TIME DRIVE TIME 7 MILLION SOUTHAMPTON

THE UNIVERSITY OF RANKING IN THE SOUTHAMPTON IS 400+ VENUESCORE 1 VOTED “BEST RAKED IN THE TOP CRUISE SHIP VISITS IN 2014 DOMINANT CITY UK DEPARTURE CENTRE PORT” 36,665 20 14TH BY CRUISE CRITIC STUDENT POPULATION OF UK LEAGUE TABLES

PSP SOUTHAMPTON BOATSHOW ATTRACTS 1.5 MILLION 1.7 MILLION 112,000 VISITORS CRUISE VISITORS PASSENGERS WILL PASS + PER YEAR THROUGH SOUTHAMPTON THE PORT OF 651 EXHIBITORS AIRPORT IN 2014

SOUTHAMPTON JOURNEYS EVERY YEAR THROUGH EUROPE'S MOST PRODUCTIVE PORT 6.1 MILLION SOUTHAMPTON CENTRAL STATION FORD SITE

Developer / Occupier

• Decision awaited from Ford on future of site • Links with airport and Eastleigh • Potential for local transport improvements

24.53 ha Ford fleet refurbishment facility 3.65 ha Land available for development 20.88 ha

STRATEGIC EMPLOYMENT SITE EXCELLENT TRANSPORT LINKS

M27 / M3 Railway station Southampton Airport Development brief underway FRUIT & VEGETABLE MARKET

£5m scheme Raglan Housing 44 homes with ground floor retail / restaurant use

FIRST NEW DEVELOPMENT WITHIN THE MARKET DISTRICT

UP TO

350 Under construction NEW HOMES ITCHEN RIVERSIDE

Homes, employment and leisure sites Chapel Riverside - Inland Homes PLC • Up to 65,000 sq m marine business space • Up to 350 homes Meridian site - Inland Homes PLC • Up to 350 homes - £40m Northam (Estate Regeneration) • Residential

WATERFRONT LOCATION OPPORTUNITIES FOR THE MARINE SECTOR Developer for Chapel Riverside 10 MINUTES to be announced 2014 FROM SOUTHAMPTON CITY CENTRE CENTENARY QUAY WOOLSTON

£500m waterfront development • 329 apartments Phase • Morrisons supermarket three • Public Plaza • Up to 4 cafés and restaurants • Up to 7 retail units

WATERFRONT LOCATION NEW 1,620 HOMES

MARINE EMPLOYMENT QUARTER 3.49HA 500 JOBS Under construction THE SOUTHAMPTON HARBOUR HOTEL

£33m investment Luxury Hotel and Spa: 76 bedrooms 82 waterfront apartments 2 restaurants Supermarket Nicolas James Group

MARINA LOCATION Home to businesses such as PWC, BARCLAYS BANK, BDO Heads of terms agreed on all units 32,000 Construction to begin end of 2014 St Mary's Stadium within walking distance ADMIRALS QUAY OCEAN VILLAGE

£74m scheme Up to 8 bars and restaurants 26 storeys 299 apartments Allied Developments Ltd

MARINA LOCATION OVER 500 Completions available 2014/15 Dwellings at Ocean Village 375 BERTH MARINA Operated by MDL Marinas ROYAL PIER WATERFRONT

£400m regeneration scheme Occupier opportunities Morgan Sindall / Lucent

1.5 MILLION cruise visitors per year

cruise ship 400+ visits in 2014 3.2 MILLION + passengers travel on the Red Funnel ferries to the Isle of Wight

Developer and occupier opportunities Station Northside £5.6m Station Southside £35m

Phase • Boulevard link to John Lewis one • Station square • Station hotel • Serviced office accommodation • Retail opportunities • Homes • Market tested

6.1 MILLION JOURNEYS EACH YEAR through Southampton Central Station AN ARRIVAL EXPERIENCE FIT FOR A MAJOR CITY Public realm improvements underway WATERMARK WESTQUAY

Phase 1 £90m Construction autumn 2014 Completion autumn 2016

• Landmark 10 screen cinema • Up to 20 restaurants Phase one • New piazza

Potential to include: • Residential tower • Hotel Phase • Flexible office space two • Restaurants • Additional public space Hammerson

WESTQUAY SHOPPING CENTRE attracts 17million visitors each year

LANDMARK 10 SCREEN "There isn't a restaurant operator that LUXURY CINEMA we have approached who doesn't see putting Southampton in the top this as a fantastic opportunity" 5 for the most visited cinemas SOUTHAMPTON SOLENT UNIVERSITY

£30m Dedicated teaching and learning spaces Conference facilities / exhibition space

19,241 STUDENTS

£70 MILLION IN CAMPUS INVESTMENT GRADUATE EMPLOYMENT 2012/13 82.4% Under construction CULTURAL QUARTER

63% £40m + with solicitors Up to 7 restaurants or let New Arts Complex Guildhall Apartments 38 apartments Grosvenor

7 MILLION day visits a year to Southampton 1 MILLION visits a year to Mayflower Theatre, 02 Guildhall, SeaCity Museum and Southampton City Art Gallery Restaurants opening spring 2015 MAYFLOWER THEATRE New arts complex opening early 2016 3rd largest theatre outside London GOOD GROWTH CONFIRMED

MOST UP 10 IMPROVED! RANKING OF ANY OTHER CITY PLACES! BETWEEN 2012 AND 2013 2ND 4TH HIGHEST RANKING ENGLISH OVERALL IN THE UK CITY FOR GOOD GROWTH OUT OF 39 CITIES BOLD AND AMBITIOUS

jobs longer term OFFICES / WORKSPACE

110,000 SQ M BY 2026, UP TO 300,000 SQ M LONGER TERM

RETAIL

24,000 100,000 SQ M BY 2026, 150,000 SQ M LONGER TERM jobs by 2026

LEISURE / FOOD AND DRINK

£3 BILLION housing units UP TO INVESTMENT 30,000 SQ M

IN THE CITY CENTRE 7,000

MASTER PLAN PEOPLE SUPPORTED A NEW CAREER TOWARDS HOTEL

5,000 UP TO 650 BED SPACES £1.6 BILLION 7,952 COMMITTED BUILT OR 2,500 WITH CONSENT BY 2017 WE EXPECT TO BE VERY DIFFERENT

Commissioning A sustainable council services

Better customer experiences Community ownership

More flexible ways of working A wide range of service delivery models Increased focus on the digital capabilities of customers HOW WE WILL WORK

We want We want to ‘do it We will listen We will to be an once’ and get it right and improve spend employer first time learning from money of choice our mistakes wisely

“We want to put residents and customers at the heart of what we do, reflecting the city’s diversity”

We will work We will design We will work with our with others our services on partners in health, private to make a the principle of and voluntary sectors to difference digital first deliver services effectively OUR PRIORITIES

Contributing to the City Vision “Southampton – A city of opportunity for all, where everyone counts”

Affordable housing Jobs for local people x

Services for all Prevention and early intervention City pride

Protecting vulnerable people A sustainable council WELCOME

SOUTHAMPTON city of opportunity Denise Barlow Head of Projects & Communications Solent Growth Hub One Stop Shop 25th November Solent Business Support Event Agenda

The One Stop Shop How It Works & What We Do Signposting & Navigators Opportunities Available The Web Site How We Keep In Touch What Our Customers Say About Us Q&A One Stop Shop

Phone The Face-to-Face Service Website Events Services Offered

Signposting

We do the hard work for you!

• Identify your business needs • Finance • People & Skills • Marketing & Sales

Delivered through telephone & face to face Navigators as well as the online portal

Signposting & Navigators

Funding Opportunities

Bridging the Gap, Enterprise Vouchers, Investment Grants Growth Accelerator Manufacturing Advisory Service Local Council Opportunities National Growth Vouchers BIS

Collaboration: Local Regional National Signposting & Navigators

Growing Your Business Through

Sales & Marketing – Free Events & Opportunities Online – Superfast Broadband, Cyber Crime Sustainability – Future Solent, Green Grants Southampton Start-up

Staff Development Growth Accelerator FE Colleges, Universities & Apprenticeships Our Funding

• Enterprise Vouchers Technology based businesses, advanced manufacturing sector (including the marine and maritime sector) and the associated wider supply chain. The application process includes a Growth Audit undertaken by the University of Portsmouth Business School Up to £20,000 on a 1:1 match funding

• Investment Grants The aim of this grant is to ensure that businesses can achieve significant growth and create new employment opportunities Up £150,000 on a 3:1 match funding

Customer Journey

Promotion Promotion Collaboration – Case Study

• Business Edge - manufacturing air conditioning unit approached in April 2014 by the Solent Growth hub team

• Telephone triage • Face to Face visit One Stop Shop • Recommended University of Portsmouth KTP • Env iNet 12/20 hours research from the Region’s Solent Universities. • Enterprise Voucher plus • £100,000 Green grant

Deltair Airmotive Ltd Testimonial – Case Study

“One Stop Shop referred the client to me, brokered an appointment and I went along to see the owner and his project. In the meantime Ray had also suggested meeting the University of Portsmouth to discuss a possible KTP. Once I had visited the company and seen the project I agreed with Ray that this was a great company with an outstanding project that qualified for our support.

I asked the Env iNet team to assist as they have access to 12/20 hours research from the Region’s Solent Universities. The Env iNet team became involved at an early stage and also helped to prepare the company for the interview panels – in fact they attended both panels to provide background data on the company. I also referred the company to UKTI as there is clear export potential.

The result of all this collaborative work is that Business Edge were awarded a £100,000 green grant on June 6th that will enable them to create 20 jobs locally as well as launch a highly innovative product to world markets”

-Richard Hall, Future Solent

Siobhan Flynn Skills Manager Solent LEP Solent Employer Ownership of Skills Fund

• The Solent Employer Ownership of Skills Programme is a competitive fund of £1.5 million, with £750,000 available in the period up to July 2015. • It is open to private sector employers of all sizes to invest in their current and future workforce. Employers can develop proposals to create jobs, raise skills, and drive enterprise and economic growth in the Solent, and look for co-investment from Solent LEP to contribute to the costs. • The programme invites ambitious bids from employers in Advanced Manufacturing, Defence, Marine and Maritime, Aerospace and Technology sectors who are willing to work together to deliver skills solutions in their industry and locality.

Solent Employer Ownership of Skills Fund

Employers are invited to develop proposals in two main areas: • Proposals which will enable employers to improve the skills of their current and future workforce. • Industrial partnerships to take wider responsibility for skills development in a place or sector. For both types of bids there are three themes we are particularly interested to explore: • Apprenticeships (particularly the development of higher level pathways); • Encouraging and enabling SMEs to train their workforce; • Cooperation between employers in sectors, supply chains and localities, and with colleges and providers.

Further information

Solent Employer Ownership Skills Fund www.solentlep.org.uk/growing_places/solent_employer_ownership_of_skills _programme

Steve Futter Senior Account Manager Solent Local Enterprise Partnership The Solent Local Enterprise Partnership (LEP)

• Enable infrastructure priorities • Establish a single inward investment model to encourage companies to open new sites in the region • Invest in skills to establish a sustainable pattern of growth • Establish the area as a business gateway by developing strategic sectors and clusters • Support innovation and build innovative capacity in the Solent area by building on substantial knowledge assets • Support new businesses, enterprise and ensure SME survival and growth Bridging the Gap (BTG) Fund

• Grant funding competition for small and medium sized businesses (SMEs) and new start-ups in the Solent to assist in creating or safeguarding jobs

• Re-launched following successful first two phases of the fund

• Available on a Solent-wide basis

• Grant funding available to each SME and start-up business: £5,000 - £75,000

• Fund total: £1.85m Solent Defence Growth Partnership SME Fund

• Funding call from the Solent LEP, DGP and University of Southampton to bring forward and de-risk innovative technologies in the area of Maritime Autonomous Systems

• Grant funding available to SMEs across the Solent: £25,000 - £75,000

• SMEs to get involved in the work of the new UK Centre for Maritime Intelligent Systems

• Fund total: £1m Solent Advanced Manufacturing SME Fund

• Part of a £14m package of support to mitigate the impact of the decision to cease shipbuilding operations at Portsmouth Naval Base

• Funding available to SMEs in the defence, aerospace or advanced manufacturing sectors to create of safeguard jobs

• Grant funding available: £100,000 - £500,000

• Total fund: £3.7m RGF Funding Achievements So Far…

• Total funding allocated: £4,624,663

• Leverage total: £13,186,804

• Number of jobs safeguarded: 397

• Number of jobs created: 459

Suggestions for Applicants

• Funding can be used for any new activity which will unlock business growth, but not existing working capital (rates, rent, utilities, salaries, stock etc.) • Employment focus – must create or safeguard jobs • Ensure you read (and adhere to) the guidance notes for the relevant fund • Complete all the sections on the form – ineligible if incomplete • Tell us as much as you can about your project – but keep it focused • Remember to submit any additional information which is requested • Ensure match funding is identified and secured before applying • Competitive - only the strongest applications will be supported • Average cost per job is around £7K of grant funding

What Makes a Good Proposal?

• Company Background • Understanding of the market place and key competitors • Existing and proposed staffing • Details of other funding – this needs to be in place before the Investment panel consider final plans • Financial information – Profit and loss, turnover for past three years for existing companies, and financial forecasts for all applicants • Project costs – total and Bridging the Gap element • Risk assessment • Detail on job creation • Key milestones – this will form part of the final contact if grant is awarded • Other supporting information – Business Plan and video submissions Q&A Find out more:

Call us: 02392 834893

Email us: [email protected]