In the past few months the Works Centre for Local Economic Growth (WWG) has worked with a group of local and combined authorities, LEPs and central government to understand the challenges all parties face in designing a Local Industrial Strategy (LIS) that is evidence-based and builds upon the existing Strategic Economic Plans that areas have in place. From this, they have pulled together a set of ideas about how both local and central government might address some of those challenges. These 10 ideas are presented in the ‘Developing effective local industrial strategies’ guide, which was launched in London on 25 June, and I was there to hear what the experts had to say about it. Here are some of the key messages I picked up.
Yesterday, I was in Leeds to hear Research England (RE) and Innovate UK (IUK) spell out the approach of their parent body – UK Research and Innovation (UKRI) – to place and to find out more about the new Strength in Places Fund (SPIF). For those unfamiliar with the alphabet soup of acronyms and institutional arrangements in the UK higher education sector, RE and IUK are ‘constituent members’ of the UKRI family of councils.
Read the latest think piece from our colleague, Bill Walker the Director of Strategic Relationships and Knowledge Exchange at the University of Hull on the importance of place and the Industrial Strategy.