Vision for the new BUSINESS BOARD A strategic

Vision for the new BUSINESS BOARD

A strategic framework for economic growth… The new Business Board will be the custodians of the Local Industrial Strategy and supporting strategies and plans Local Industrial Strategy Key Sectors International Trade Place Based Growth Skills Strategic Inward Investment Key performance measures 1. Number of Jobs Created 2. Quality of Jobs (Productivity / Pay) 3. Increase in net exports 4. Number of inward investment opportunities or scale ups

Place provides the anchor… Key Sectors Advanced Manufacturing Agri–Tech & food Digital Life Sciences Place Based Growth Strategy and Plans for: • Core Cities • Market Towns • Rural Area Strategic Inward Investment A pipeline of major opportunities International Trade Skills United States of America China Europe Business led programmes to provide the skills required Local Industrial Strategy

Business Board – main areas of focus… 1. Local Industrial Strategy – development partner of CA, delivery, milestones and objectives 2. Place based growth strategies – sign off; investment recommendations; Enterprise Zones 3. Key Sectors – determine priority sectors; agree plans for growth; LEP products and services 4. International Trade – agree export / import strategy; key places in the world for trade accords 5. Skills – strategy and delivery plans to achieve pipeline of people with skills required by business 6. Major Investment Opportunities – ongoing review of 8 -12 large scale inward investment pipeline 7. Recommendations to the Combined Authority Board on strategic and tactical investment to deliver Local Industrial Strategy

The Business Board and Combined Authority… Transport Spatial Planning Housing Infrastructure Public Sector Reform Advice and Recommendations Local Industrial Strategy Key Sectors International Trade Place Based Growth Combined Authority Board Skills Strategic Inward Investment Business Board

Decision making framework… Combined Authority Boards Committees Commissions Delivery Audit Committee Public Service Reform Commission Scrutiny Committee Employment Committee Transport Committee Business Board Housing Committee Skills Committee Independent Economic Commission Land Commission Transport Cambridgeshire Homes Cambridgeshire Economic development & Skills

Structures aligned to core policies… Core Policies Leadership and Direction Delivery Local Industrial Strategy Business Board Skills Strategy Local Transport Plan Housing Strategy Skills Committee Transport Committee Housing Committee Economic development and Skills Transport Cambridgeshire Homes Cambridgeshire Non Statutory Spatial Plan Strategic Planning PH