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Shaping our Local
Industrial Strategy
Mark Bretton, Chair, Hertfordshire LEP
Hertfordshire’s past, present…future
20 YEARS AGO: DISUSED
HATFIELD AERODROME
TODAY: HOME TO OCADO AT
HATFIELD BUSINESS PARK
WHAT WILL IT BE LIKE
IN 2030?
The productivity challenge
NOMINAL (SMOOTHED) GVA PER HOUR WORKED INDICES
Source: ONS Regional and
Sub Regional Productivity,
Feb 2018
The Hertfordshire LEP factor
STRONG TRACK RECORD STRENGTHENED POSITION
3664 learners trained or
supported
2028 jobs & 625
businesses supported
£16.9m invested in
places and transport
£309.1m total funding secured &
£91.7m private sector leverage
• Increased collaboration through the
Prime Minister’s Council of LEP Chairs
• LEPs hailed ‘the voice of business in
England’ in Government LEP Review
A Local Industrial Strategy for Hertfordshire
CONSULTATION
Conducted on behalf of
the LEP by the University
of Hertfordshire to consult
with stakeholders on key
drivers of productivity
HERTFORDSHIRE
CAMPAIGN
To highlight the
county’s key strengths
and opportunities for
growth
NEW EVIDENCE BASE
Economic Outlook 2018
Brexit Report 2018
Skills & Labour Market Review
Impact Analysis of PDR
Herts Economic Forecast Analysis
Redefining Hertfordshire
INNOVATION DISTRICT ENTERPRISE ZONE ENTERPRISING COMMUNITIES
Hertfordshire’s assets & the Grand Challenges
Clean
Growth
AI & data
economy
Ageing
Society
Future of
mobility
The building blocks of our design
Ongoing dialogue with
businesses, the University of
Hertfordshire and other
organisations
LEP’S EXISTING
STRATEGIC
ECONOMIC PLAN
Five key areas of
opportunity identified
THE GRAND
CHALLENGES IN
HERTFORDSHIRE
What do they mean for businesses?
Hertfordshire’s strengths
mapped in relation to the
Grand Challenges HELPING SHAPE
HERTFORDSHIRE’S
FUTURE
LEP Review Delivery
plans in place
The road to delivery
National Assurance Framework
+
Annual Conversation:
LEPs and HMG
First Local Industrial
Strategies to be agreed
LEP Review
published
Submit proposal
on geographies
Submit LEP Review
implementation plan
July
2018
Sept
2018 Oct 2018 Dec 2018 Mar 2019 April 2019
March
2020
Local Industrial Strategies
agreed with Government
Help shape Hertfordshire’s future
Roundtable discussion
QUESTION 1
Have we identified the right opportunities?
QUESTION 2
How could we be even more ambitious?
QUESTION 3
What role can your organisation play?
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