We have set out some topical tax points you may like to consider during the 2018/19 tax year to ensure that you are minimising your tax…
This week, we hosted Glenn Caplin from the Cornwall and Isles of Scilly Local Enterprise Partnership as they continued their consultation process on the Cornwall & Isles of Scilly Local Industrial Strategy. As I blogged last week, this was a breakfast event I was particularly excited to see us hosting – and it did not disappoint…
Glenn talked through the process that had led to the development of the Autumn 2019 first consultation document and the process and timetable from this point to submission of a document to UK Government.
Below, I set out the contents of the final slide from the presentation as this was arguably the most talked about. This slide covers “future market opportunities” and is essentially the areas on which CIOS LEP feel that the best long term prospects for growth in Cornwall and Isles of Scilly. I understand from the discussion that these areas will (need to) be paired down to say four or five, but the list is currently eight:
- Leading energy innovation in local and global solutions; deep geothermal, bio-energy, floating offshore wind (FLOW) and local energy markets.
- Mining critical materials for the low carbon transition; vital components of electric vehicles, wind turbines, and digital technologies.
- Deliver a world class, carbon neutral built and natural environment and smart lifetime homes, promoting a circular economy and local supply chain.
- Providing low carbon, low impact, high value visitor experiences for business, marine, leisure, and event tourism all year round
- Capitalising on Spaceport and Goonhilly, using satellite Big Data to drive innovation across the economy and to the benefit of our environment.
- Revolutionise connectivity using digital and mobile technology, the role of mixed reality and the creative economy in a rural region.
- Innovation across agri-tech; lifting the performance of our agri-food sector and capitalising on environmental growth and natural capital.
- Developing capabilities in geotechnics and autonomy to capitalise on marine renewables, aquaculture and maritime transport
Feedback given and more desired
Glenn and his team are keen to hear from Cornish business men and women as they consult on the draft document. He had some comments from the 20 business men and women in attendance yesterday and he was keen to continue that dialogue and to engage with many more businesses over the next six weeks or so.
Details of future consultation events and other means of getting involved can be found here.
Next up for our breakfast briefings (and thank you)
Our next breakfast briefing is on 28 October 2019 and is one hosted by our Food and Drink team focusing on the topic of ‘waste’ – there are a few spaces left.
Following this, we will then be hosting a breakfast seminar themed around ‘Family Business Connect’ – for more details on this one and to book a place, please see link.
Before I sign off, I must thank Thelma Sorensen (Cornwall Business Partnership) for making this event happen and my colleague’s Linda, Devon, Ali, Charlie, Katie and Dani for their input on this and other breakfast events that I have hosted in recent months.
By Andrew James