Eric Nicholls Spiral UK Ken Martin Cornwall Manufacturers Group - - PowerPoint PPT Presentation

eric nicholls spiral uk ken martin cornwall manufacturers
SMART_READER_LITE
LIVE PREVIEW

Eric Nicholls Spiral UK Ken Martin Cornwall Manufacturers Group - - PowerPoint PPT Presentation

Eric Nicholls Spiral UK Ken Martin Cornwall Manufacturers Group 1300 companies (>90% fewer than 10 emps) 19,000 employed 25% self employed 9.5% of Cornwall employment 732m GVA (10% of total) Multiplier 1.51


slide-1
SLIDE 1

Eric Nicholls – Spiral UK Ken Martin – Cornwall Manufacturers Group

slide-2
SLIDE 2
slide-3
SLIDE 3
slide-4
SLIDE 4

 1300 companies (>90% fewer than 10 emps)  19,000 employed – 25% self employed  9.5% of Cornwall employment  £732m GVA (10% of total)  Multiplier 1.51  Higher than average pay

slide-5
SLIDE 5

 35 companies  3350 employees (20% total)  £130m p.a. into Cornish economy  £500m turnover  94% exported out of Cornwall  42% exported out of UK  GVA £260m (36% of manufacturing GVA)

slide-6
SLIDE 6

 Bid by Cornwall Development Company (CDC)

and CMG with private sector lead (Eric)

 Needed organisation acceptable to SFA for

admin – West of England Aerospace Forum (WEAF)

 CMG – Project Management  Steering Group chaired by Eric  Quarterly meetings with SFA  Monthly claims

slide-7
SLIDE 7

 No risk to SFA  Only claimed when training complete and

evidenced

 Minimum paperwork for companies – state

aid etc

 Late start  Monthly claims  3 reprofiles

slide-8
SLIDE 8

Origin inal al New EooS 313,000 247,000 Company 549,000 454,000 Total 862,000 701,000 % 36% 35%

slide-9
SLIDE 9

 Four strands  Apprenticeships – Cornwall College  Continuous Improvement – South West

Manufacturing Advisory Service (SWMAS)

 Digital Sales and Marketing – Chartered

Institute of Marketing (CIM)

 CAD – Falmouth University

slide-10
SLIDE 10

Strand nd Old New Actual ual Apprenticeships 20 9 9 Continuous Improvement 50 65 75* CAD 20 22 24* Digital Sales & Marketing 20 14 16 *Possible because cost per participant is lower than originally planned.

slide-11
SLIDE 11

 4 strands – 1 company  3 strands – 2 companies  2 strands – 8 companies  1 strand – 9 companies  20 companies in total  18 SMEs

slide-12
SLIDE 12

 Power in hands of employers (development

money and bespoke courses especially Apprenticeship strand)

 Empowered companies – showed benefit of

working together

 Increased voice  Strengthened relationships  Raised awareness of other training funds and

areas of co-operation

slide-13
SLIDE 13

 Problem Solving in companies as non-

accredited

 Job creation: 2 companies now have 5

apprentices in new posts

 Progression: EooS – LRF. Top up to full

  • apprenticeships. Plus 1-3 extra days training

at higher level.

 KTP – University of Falmouth  Wide eligibility criteria  University continues to be used post training

Value Added

slide-14
SLIDE 14

 Bureaucracy/keeping it simple!!  Herding SMEs  Timescale  Changing circumstances of the companies

involved – importance of re-profiling.

slide-15
SLIDE 15

 Flexible re-profiling  3rd party broker for SMEs  Must be simple to administer  Awareness of true cost to company - benefit

must outweigh direct and indirect costs

 Ability to problem solve within the training  In kind match funding to be taken into account  Non accredited meant companies could get what

they wanted and needed

 Project Management and Admin costs

  • linked to project size
  • differentiation for SME projects
slide-16
SLIDE 16

 The project delivered what it said it was going

to do

 We would like another one just like it that is

tailored to companies’ needs.