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February 2017 
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£60m Growth Deal funding to boost local economy
Major regeneration and infrastructure projects to create jobs, home and business space across the Coast to Capital LEP area are set to benefit from an additional £60m of government funding from its Growth Deal 3.
 
Tim Wates, Chair of Coast to Capital LEP, said:  “This is extremely good news for the Coast to Capital area. This boost is a clear indication from the government that it recognises the need to continue to invest in the regeneration and infrastructure of the region to enable it to continue to proper and remain a major contributor to the UK economy (£48.6bn GVA). With this substantial backing we are now able to focus on supporting projects within our key strategic priorities of housing, infrastructure and skills.” Read more here.
EAFRD calls now open

The next rounds of European Agricultural Fund for Rural Development (EAFRD) calls have been launched on 26 January and these will remain open for a year with mid-point reviews.

John Peel, Chair of the ESIF committee said ‘the rural economy is a significant contributor to Coast 2 Capital’s prosperity with over a fifth of our businesses in rural location.  We are delighted this fund will help to create more jobs in rural area’. Read more here.

Autumn Statement response
Commenting on the Government’s first economic report following BREXIT Jonathan Sharrock, Chief Executive of Coast to Capital LEP, said; “The Chancellor’s statement contains some interesting measures which should help to boost our region. I’m encouraged that the chancellor has announced that £2.3bn will be made available for a new Housing Infrastructure Fund to help unlock land to provide 100,000 new homes in high-demand areas.  Delivering more housing and business space is one of our key strategic priorities. Read more here 
New Coast to Capital Website
We have recently refreshed our corporate website to make it more user friendly for our visitors. Please check our new project zone, interactive map and resource area to find out our current priorities. We have also produced a number of new sector presentations which give a valuable and in-depth insight into the diversity of our economy click here to find out more.  Visit www.coast2capital.org.uk. Any feedback is most welcome.
Expansion of the Enterprise Adviser Network 
To support the expansion the Coast to Capital has recruited three new Enterprise Coordinators, Rebecca TonksPru Rowntree and Faye Russell, who commence their new roles between now and Christmas.

Georgina Angele, Senior Enterprise Co-ordinator at Coast to Capital, said: “I’m delighted that the EAN has been such a success that we can now deliver this service to more young people across the Coast to Capital area. Business demand for specific skills and expertise changes fast, and we know from what employers are telling us that there are skills needs across many of our priority growth areas, so having local businesses helping to inform and shape the skills and attitudes of the next generation of workers is crucial to the sustainable economic growth of the area. Bringing the world of work into the curriculum being taught in our classrooms is the key to success; both for young people and the region’s economy as a whole.” Read more here 
Airport expansion decision

As long-time supporters of a second runway at Gatwick Airport, Coast to Capital is disappointed that the Government has favoured expansion at Heathrow.

Jonathan Sharrock, says: “We have always believed that a second runway at Gatwick represents the better option, and would be cheaper and easier to build. Gatwick Airport and the businesses in the surrounding area are a major driver of growth in our regional economy. The Gatwick economy makes up nearly half of our regional economy and is worth around £23bn. We will continue to work very closely with Gatwick to ensure that the airport continues to benefit the region.” Read more here 

Brighton Main Line

Coast to Capital has written an open letter to Chris Grayling, Secretary of State for Transport, on behalf of the business community and residents along the Brighton Main Line urging the Government to invest in the long-term development of work on rail infrastructure and services from the South Coast into London. The letter is signed by business groups, local authorities and major employers in the region and it asks the minister to address the urgency of bringing forward investment in our regional railway. Click here to read in full.

Trade Mission to Chine & Hong Kong
Coast 2 Capital held a competition in November for the chance to have a 100%-funded spot on a trade mission to China & Hong Kong, which was part of Enterprise Nation’s ongoing “Go Global” campaign. The winner of this competition was Monochrome Ltd., who specialise in front-end software and user interface/user experience development, chiefly for retail & food/drink businesses. They have done business with such companies as Nutmeg, Worldpay, and Dixon’s Carphone, the latter of which they developed an intriguing “Lift and Learn” Retail Installation for, an innovative interactive display unit used to promote a range of digital cameras. Their representative on the mission was Adrian Munn, and while there he had the chance to meet representatives from firms such as KPMG, UPS, and HSBC, as well a wide range of businesses from those in manufacturing to others selling jams and tea.
 
He found the trip very valuable and made many business connections he is eager to follow up on now that he is back. He stated that C2C “opened doors” for him and his business, not just in what he saw on his travel but with his interactions with the people showcasing on the trip. He feels he is “very fortunate to be given the chance”, that “when I was offered [this chance], I wanted to grab it with both hands”, and that C2C “gave me the impetus to do that….I couldn’t have done it without Coast 2 Capital!”. He is keen to know of more opportunities regarding promoting international trade, and he strongly advocates “proactive trade missions…we must show innovation &creativity, and should be leading with it. The UK is a world leader in innovation and more should be done to showcase that”.
Korean Committee Visit
On December 13th Coast 2 Capital hosted the Korean Presidential Committee on Regional Development at its Horsham office to demonstrate how C2C uses projects to provide opportunities for business in the area and promote growth & development. Jonathan Sharrock, the CEO of Coast 2 Capital, delivered a presentation outlining the process and provided examples of C2C successes, as well as answered questions from the group. Anthony Middleton, the COO of Coast 2 Capital, was on hand to provide further information as was Jeff Alexander of Gatwick Diamond, who provided the perspective of a key area partner. Although an interpreter was necessary the dialogue proved itself to be very productive and positive, as the group was very eager and fascinated to learn about the LEP’s structure and activities. The committee’s director, Mr. Kiho Na, exchanged gifts with Mr. Sharrock and expressed his appreciation for holding the event during their trip to the United Kingdom, and Coast to Capital are gratified for the opportunity to assist with their fact-finding as well as develop international ties through a key organisation in South Korea.
Coast to Capital releases new research
Coast to Capital have recently produced three summaries on various topics, the Grant Thornton Vibrant Economy Index, the Enterprise Research Centre’s Growth Dashboard, and the ONS Business Register and Employment Survey (BRES). Our reports can be found on our website by clicking on the links above.

The Vibrant Economy Index covers non-typical measures that track economic success beyond just economic performance, there are many cases of Local Authorities in Coast to Capital being in the top 10 performers in the country. The Growth Dashboard explores data showing growth in start-ups and established SMEs – analysing their survival rates, and turnover and employment growth and presents mixed picture of business growth in Coast to Capital. The BRES employment summary has shown strong employment growth in the last year, with 817,000 people employed in the Coast to Capital area.
Business Navigator Growth Hub 
Coast to Capital Business Navigator has reached a milestone in supporting 1,500 businesses this year.  These businesses received over 4,500 referrals to over 200 business support providers.
An additional 1,400 businesses have been made aware of the services provided by the team and the website at www.c2cbusiness.org.uk
Demand has been so strong that we have taken on an additional Business Navigator to support the activity. This month we welcome, Grant Baker, as our new office based Business Support Navigator for Croydon and East Surrey. Grant has several year’s experience working in business support and most recently worked on the RGF funded Start & Grow programme.
Marsha Robert is now operating full-time as Project Manager to support delivery and further growth of the service.

 
Keep in Touch!
If you’d like to contact us or join the debate on issues which matter to our region, why not keep in touch via social media? Follow us on Twitter or on LinkedIn.
 
Copyright © 2016 Coast to Capital, All rights reserved.

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coast2capital · Hurst Road · Horsham, Eng RH12 2DN · United Kingdom

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