Steve Hindley CBE DL, Chairman of the Heart of the South    West Local Enterprise Partnership explains how it works to    improve prosperity  
    Last month I gave you an overview of what the LEP does and a    brief outline of what we've achieved so far. This month I want    to focus on one of the main ways we aim improve prosperity     and that's by attracting inward investment by companies from    outside of the area to relocate here, and developing    opportunities for local businesses to re-invest and grow. As    with much of what we do, a key part is about working across    many partners.  
    Since the LEP started in 2011 the figures for inward investment    have risen exponentially. Back then there was no single point    of contact that could deal with enquiries from potential    foreign direct investors, or even from other UK companies    looking to relocate here. This made it difficult for potential    investors to know who to approach. Since then the LEP has    worked with the local authorities so we now work together as a    partnership, sharing best practice across our area and working    together with critical organisations like the Department for    International Trade. By working together and playing to our    strengths, the Heart of the South West presents a stronger    package of investment opportunities allowing us to compete more    effectively.  
    Whilst we have a relatively high rate of employment, earnings    remain low compared to other parts of the UK, so by attracting    new investment from higher value sectors we aim to raise salary    levels which in turn generates more wealth for local    businesses.  
    The Department for International Trade's figures for the number    of companies setting up businesses here from abroad have been    on a steady increase since this LEP and local authority    partnership was established.  
    In 2016/17 there were 16 successful FDI (Foreign Direct    Investment) projects, an increase of 45% on the previous year.    Through these investments 688 new jobs have been created and    1009 jobs safeguarded. One example is US-headquartered customer    service firm Sitel which will create hundreds of jobs with its    new workforce based in The Ship in Derriford.  
    In addition, the LEP area secured 6 'multi-region' FDI    projects, which are companies that land in more than one UK    location. Before the LEP was set up in the year 2010/11 there    were only three successful projects, creating 30 new jobs and    safeguarding 40.  
    Partnership Working  
    When people ask what the LEP is doing that really makes a    difference, partnership working is near the top of the list. By    bringing organisations together, we can achieve things that    benefit the whole area that couldn't be matched by individual    organisations working on their own. This applies to both    securing direct funding and through influencing Government and    other key stakeholders to ensure investment in our priorities.    Some of our most effective partnerships involve a number of    LEPs and many private and public sector bodies. Here is a brief    overview of some of these initiatives that we're working on;    these include helping our businesses access markets through    addressing better connectivity, or harnessing opportunities in    specific sectors such as nuclear and aerospace.  
    Road, Rail and Broadband  Delivering Better Connectivity    for the Heart of the South West  
    Connectivity is critical to the south west peninsula for    attracting new businesses and sustaining existing ones. We've    suffered decades of under-investment in road and rail, and the    area has some pockets of poor broadband or mobile connection.    Now there are public and private sector partnerships working    together to reverse this under-investment. The Peninsula Rail    Task Force (PRTF) is making the case to Government for more    investment in our rail network, and the Connecting Devon and    Somerset initiative is the largest broadband improvement scheme    in the UK,  
    There's a full report produced by the PRTF and the main asks are to improve    resilience, reliability, speed and capacity. Resilience and    reliability are dependent on improving the main line at Dawlish    and a series of flood alleviation works across the southern    rail network. The speed of the network in this region needs to    be increased to reduce journey times to the capital and other    parts of the UK, and passengers could make use of a better    journey experience with a reliable Wi-Fi and mobile signal.    Securing these investments and delivering a better rail service    take many years and it is only by working together that we can    collectively present a strong voice to Government.  
    In addition to the PRTF, the LEP is part of the Greater    Connected partnership, who produced an independent,    business-led review on connectivity in the South West, endorsed    by the CBI and the five South West Local Enterprise    Partnerships: Cornwall & the Isles of Scilly; Dorset; Heart    of the South West; Swindon & Wiltshire and the West of    England LEP. It aims to get more government investment in the    three essential infrastructure requirements of the region:    road, rail and broadband. The full Greater Connected report is    on our website.  
    Finally, to tackle broadband specifically, we're part of the    Connecting Devon and Somerset (CDS)    partnership, which is bringing next generation broadband to    areas where the market has failed to invest. CDS is a    public-private partnership which draws on the strengths of each    sector to bring superfast broadband to Devon and Somerset. More    information about CDS is on the dedicated website where businesses and residents can find    out what new services are available in their location so that    they can sign up for faster broadband.  
    Two companies that have benefitted through the scheme are    Wookey Hole in Somerset and Dartmoor Zoo in Devon:  
                    Nuclear South West                  
                    Another of the regional partnerships we're                    working on is Nuclear South West - an industry                    led group that capitalises on the many                    opportunities from the new power station at                    Hinkley, and the 55bn worth of other                    nuclear-related projects which will take place                    over the next ten years.
                    Many people may think of the north west of                    England first when it comes to the UK's nuclear                    industry, but the south west has much to offer                    the economy too, and in fact we've been                    approached by our partners in Cumbria to                    jointly lead on a nuclear sector deal with                    Government.                  
                    It's another area where cooperating with other                    areas presents a stronger case to Government                    that benefits Heart of the South West                    businesses. We're working on that right now and                    there'll be more news about it later in the                    year. The message is clear, we have much to                    contribute to UK plc given the right deal with                    Government, and the south west is at the helm                    of the national nuclear industry.                  
                                        In the meantime, another Nuclear South West                    project is already making progress, part-funded                    by the LEP, as the Hinkley Point Training                    Agency (HPTA) has launched its website and is                    helping local people and employers find the                    right training to benefit from the increased                    demand for specific skills generated by Hinkley                    Point C.                  
                    Over 25,000 new job roles are expected to be                    available over the life-time of the project,                    and over 5,000 people are working on site at                    during the construction. By ensuring the                    relevant training is available, HPTA enables                    local people to up-skill and take up higher                    value jobs.                  
                    As well as making interventions to help local                    employees benefit from Hinkley, the LEP is                    funding a service to help local businesses take                    up the many commercial supply chain                    opportunities created by the largest                    construction project in Europe. There's                    increased demand for all sorts of goods and                    services  from food for the canteen to                    high-end nuclear engineers  there's a wealth                    of contracts available for all sectors.                    Businesses can register at http://www.hinkleysupplychain.co.uk                  
                    Specifically for businesses working in nuclear                    related industry, the annual Nuclear South West                    conference is now taking bookings through                    Eventbrite, details can be found on the LEP                    website at: http://www.heartofswlep.co.uk by                    searching "Nuclear South West".                  
                    The 2017 conference, at the Bristol Marriott                    Royal Hotel, is a platform for the latest                    industry news and network with potential                    partners. With an international strand this                    year, and co-hosted with the University of                    Bristol South West Nuclear Hub, it's an                    opportunity to find out how to improve                    innovation and business growth in the nuclear                    industry, locally and globally.                  
                    Another exciting new cross-LEP sector                    partnership is iAero  which focusses on the                    aerospace sector. There's a thriving cluster of                    aerospace businesses here in the South West,                    which has global significance and is essential                    to driving up the UK's industrial productivity.                    Although many of the major well-known companies                    are based around Bristol, the supply chain                    extends through the Heart of the South West,                    and of course Leonardo Helicopters in Yeovil is                    a strategically important site for our area.                    iAero's purpose is to increase collaboration                    within the supply chain and establish closer                    working between the supply chain and the main                    aerospace companies. It's a major initiative to                    innovate and increase global competitiveness                    and ultimately retain a strong sector across                    the south west.                  
                    The partnership is currently working on                    delivering high value design and has produced a                    detailed proposal on how the sector can                    contribute to the Government's Industrial                    Strategy. More information in on our website by                    searching "iAero".                  
    Heart of the South West Growth Hub  
    The Growth Hub is the LEP's one-stop-shop for business support.    Any business in Devon, Plymouth, Somerset and Torbay can get in    touch for free advice - see the advertisement in this section    for details - and this month we're showing a case study about    how one business really benefitted from the advice they were    given through the Growth Hub.  
    Look to Cook  
    A professional chef from Devon who helps businesses market    their products through recipes and food photography is reaching    a wider audience thanks to support from the Heart of the South    West Growth Hub.  
    Lottie Francis, who founded Look to Cook, is now working for a    number of businesses not just restricted to food-related    sectors to develop recipes and food styling to help businesses    create more engagement with their customers.  
    Clients include a major national retailer, a wipe-able    tablecloth manufacturer and a clothing company that specialises    in making clothes for children with eczema.  
    Lottie has been supported by Growth Hub Online Business    Adviser, Laura Daniel.  
    Based in the Blackdown Hills, Lottie said: "I have been really    impressed with the support I have received.  
    "Laura was quick to respond to my enquiry and she really    understood my business and my objectives.  
    "One of the main areas of support has been introducing me to    the Growth Support Programme where I have been able to find out    about food and networking events in the region.  
    "Building contacts within the food industry is a key aim for me    and this support has helped me widen my network."  
    Laura was also able to signpost Lottie in the direction of    social media and SEO training provided by the Get Up To Speed    scheme. Lottie attended a free 'Getting to Grips with SEO'    workshop as a result.  
    She said: "As I look to target a wider range of sectors across    the country, it's important to get my SEO and social media    right. The training has given me a lot of actions that will    really help me to promote the recipe development and food    styling."  
    The Growth Support Programme will also provide help to develop    her marketing strategy.  
    Lottie added: "Getting direction and advice has been key to    helping me develop my business. Laura and the team have been    excellent in their support."  
    The Heart of the South West (HotSW) LEP is a strong and dynamic    business-led partnership between the private sector, local    authorities, universities and colleges. Our purpose is to lead    and influence economic growth, job creation and prosperity    across the Heart of the South West area covering Devon,    Plymouth, Somerset and Torbay. More information and all the    latest news can be found at the LEP's website at: http://www.heartofswlep.co.uk where you can sign up for    the newsletter and follow us on Twitter and LinkedIn.  
Link:
How we are making our prosperity wishlist a reality - Devon Live