Building a Partnership for Future Growth Kevin Holland, Chief - - PowerPoint PPT Presentation

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Building a Partnership for Future Growth

Kevin Holland, Chief Executive Alan McKeown, Exec Director, Regional Business Steve Harper, Exec Director, International Business Invest Northern Ireland

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Agenda

Invest NI Overview Current Performance Outcomes Invest NI in your region Partnerships with Derry City and Strabane District Council What Matters Going Forward Discussion

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Economic development is the foundation for a sustainable regionally balanced economy – it is an essential short term and long term investment

Every £1 of Invest NI support results in £6 of investment Over the past 5 years sales to GB have grown by 47.6% and export sales by 29.1% Invest NI supported businesses account for

• 25% of all private sector jobs
• 75% of all sales outside NI

Over past 5 years employment in Invest NI supported businesses has increased by 21% (102,761 to 124,462)

Slide 4 International Business Bus & Sector Dev Group

Entrepreneurs & Innovators International Companies & Markets

Business Solutions For All Companies Regional Business Wider Business Base / Tracked Pre-Entry Entry Account Managed

High Growth

Regional Support

Access to local team and all INI support Events, webinars, diagnostic tools On the ground support with partners Innovation and design support Close working relationships with the Council Mentoring and supportive relationships with companies

One to One Sectoral & International Relationships

Bespoke engagement strategies and solutions Account development plans R&D and Innovation support Spin off support and potential start up Supporting global competitiveness not just with external competitors also internal competitors

Invest NI provides extensive support to all business in NI and intensive support to our highest growth companies

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We provide extensive support to all businesses including advice, guidance and financial assistance covering business start ups, skills development, export guidance and innovation.

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Our intensive support delivers high returns to the NI economy. The companies we work closest with account for

30% of NI turnover 23% of employees 74% of external sales 73% of exports

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We are making good progress against our 2017–21 Programme for Government Outcomes

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Two full years in to our current strategy, we are well on course to deliver against our 2017-21 Outcomes.

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74% of offers made to companies outside Belfast 67% of jobs created outside Belfast (2018-based on KPIs) 56% of planned investment outside Belfast Invest NI offered more assistance per employee to customers located in Derry City & Strabane DCA than anywhere else in NI - £1,094 per employee compared to a Northern Ireland average of £744 . Supporting Councils to develop USPs and sell outside Northern Ireland Supporting all City and Growth Deals

Delivering for all Northern Ireland

Invest NI 2018-19

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Employment puts money in peoples pockets That supports families It supports local businesses who create employment Economic wellbeing helps close inequality gaps as part of share Community Planning outcomes It helps pay for health care, for roads etc.

Supporting economic growth provides funds to invest in wider public priorities such as Health, Education etc.

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Building a strong regionally balanced economy

Strong local business help strong vibrant communities Local jobs, and well paid local jobs, help retain local talent Local talent in turn helps us attract inward investment and business start up This also helps with regeneration programmes in this area

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Focus on Economic Development Outcomes in each of the 11 Council Community Plans Invest NI Managers & Executives are chairing / participating in all of the Economic Development Plan aspects of the Council’s Community Plan Invest NI is represented on the Strategic Partnership Boards of the Community Planning Groups Our Regional staff call on specific Sector, Solutions or Departmental based staff to cover specialised areas e.g. skills, property, R&D, FDI

STATUTORY PARTNER TO COMMUNITY PLANNING

We are working with Councils to drive sub-regional growth

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Delivering projects in partnership to support local economic development

Business Boost

Mentoring and workshop support for 600 new start-up and established businesses to drive growth and employment leading to the creation

• f 400 new jobs. £402k assistance.

Business Innovation Growth

Mentoring and workshop support for 840 local businesses to develop their digital knowledge and skills leading to the creation of 550 new

• jobs. £657k assistance. This

programme is currently at procurement stage and is expected to commence in April 2020.

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Invest NI – Derry City & Strabane DC

2014-15 to 2018-19

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Invest NI – In your region (2018-19)

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INNOVATION SKILLS LOAN FUND EXPORT DEVELOPMENT R&D CREATING JOBS

02 04 05 01 06 03

OFFERS ASSISTANCE INVESTMENT

485 20M 186.9M

OFFERS ASSISTANCE INVESTMENT

68 3.64M 13.89M

OFFERS ASSISTANCE INVESTMENT

402 3.09M 4.97M

OFFERS ASSISTANCE INVESTMENT

57 21.27M 102.63M

OFFERS ASSISTANCE INVESTMENT

80 13.77M 43.83M

OFFERS ASSISTANCE INVESTMENT

310 653,000 1.06M

Invest NI support – Derry City & Strabane DC

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Your dedicated Invest NI support team in the North West

Des Gartland

Regional Manager

Partner in Community Planning Strategic Partnership Team/Community Planning/Economic Development Activities

Katherine Spratt

Stakeholder Executive

Partner with Council in Community Planning / Working with council in bringing forward programmes for support under LED2 measure of Investment for Growth and Jobs programme/ economic development activities

Leo Donnelly

Client Executive

Partner in economic development activities and client engagement

Derek Andrews

Investment Manager

Graham Cardwell

Property Executive

Partner with Council in developing collaborative approach to international investment Partner with Council in Local Development Plan Strategy Group

Deborah Johnston

Trade Advisor

Partner with Council in exploring opportunities for collaborative approach to international trade activities for businesses within the Council

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Supporting a wide range of local businesses

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And international investors

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We are committed to partnership delivery

Strategic Growth (Community) Plan (2017-2032) Investing in Growth & Jobs Programme (2014-2020) Skills & Tourism Strategy Working Groups ‘2nd City’ Initiative NW Entrepreneurship Eco-System International – Clipper Boat Race/ Lord Mayor Show City Deal /Inclusive Future Fund Brexit

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Together we can develop a future shared regional vision

Partnership is Key - It’s about us not them Invest NI is one key link in the system Relationships are strong City Deal/ Future Fund a Game Changer Shared Prosperity Fund and New Trading Relationships New Deal New Approach Opportunities ‘2nd City’ Initiative Working Together is the priority

“Coming together is a beginning, staying together is progress, and working together is success.” Henry Ford

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Thank you