Request for help from hyperlocals

I’m on secondment with Big Lottery Fund’s West Midlands team at the moment, helping them with their BIG Local work. If you know of any hyperlocal blogs or social media surgeries serving the following areas, please could you leave me a comment below, tweet to @thewmro or email me oliver.nicholls [at] wmro.org

  • Bromford & Firs Estate (Birmingham)
  • East Coseley (Dudley)
  • Horsefair, Broadwaters, Greenhill (Kidderminster)
  • Tividale  – Grace Mary to Lion Farm (Sandwell)
  • Gobowen, St. Martins, Chell Heath (Shropshire)
  • Chell Heath & Fegg Hays (Stoke on Trent)

Thank you

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Local Enterprise Partnerships need to act to reinvigorate the private sector

Distilling machine CERAM Stoke-on-Tent

Weaknesses in the structure of the West Midlands economy mean that it was hit particularly hard by the recent recession and is likely to see further job losses over the next five years.

Our latest briefing paper (pdf, 408kb), produced as part of our West Midlands Skills Assessment 2010, reveals that the West Midlands has a weaker private sector than other parts of the country. The West Midlands has poorer representation of higher value added activities and high growth firms with the potential to create new, skilled jobs.

As a result the West Midlands has seen its share of jobs in the public sector rise more rapidly than anywhere else in the country. It is particularly vulnerable to job losses from the spending cuts announced by the government.

We forecast that West Midlands Gross Value Added (GVA) will grow by only 8% (£8.8 billion) between 2010 and 2015 and there will be a net fall in employment of more than 38,000 people.

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Local enterprise partnership proposals announced

56 proposals for local enterprise partnerships across the country have been submitted, the government has confirmed, following the closing day for submissions.

There are seven proposals from the West Midlands:

Three distinct responses in respect to cross boundary working arrangements have also been received from Peak District, South East England and West Leicestershire and Northern Warwickshire.

Here’s the full list of proposals.

Inward investment into the West Midlands 2009/10 – a local analysis

In 2009/10 there were 84 inward investment successes in the West Midlands and another four knowledge-based investments. These investments created over 1,500 new jobs and safeguarded another 4,300.

Although these 88 investments represented the lowest number of jobs created or safeguarded since 1992/93, they also represented the 7th highest total number of projects since 1991.

Pie chart shows 38 inward investments in West Midlands metropolitan areas and 49 inward investments in the shire counties over 2009 to 2010Inward investment is usually spread reasonably evenly between the West Midlands metropolitan areas and the shire counties. In 2009/10 the shire counties attracted the majority of inward investment projects (55%). See left.

However, the metropolitan areas of Birmingham, Coventry, Solihull, Dudley, Sandwell, Walsall and Wolverhampton have attracted perhaps just over half of the projects over the years – see below. The number of jobs created and safeguarded also generally follows a similar pattern.

Stacked bar chart shows percentage of inward investments into West Midlands metropolitan areas versus shire counties between 1991 and 2010

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West Midlands innovation fund delivers eleven-fold return on investment and brings jobs to region

Central Technology Belt - Birmingham - Worcestershire

An independent evaluation of the Technology Transfer Fund (TTF2) (pdf, 431kb) has underlined the value that the SME support fund has played in regional economic growth.

The fund was launched by Advantage West Midlands in 2005 to assist development of small and medium sized science and technology businesses within the Central Technology Belt, the high technology corridor that follows the A38 from Birmingham, through Worcester, to Malvern. TTF2 offered grants of up to £25,000 to more than 150 local companies.

The report (pdf, 431kb) produced by ekosgen on behalf of Advantage West Midlands found that the TTF2 realised more than £25 million of additional net turnover for the businesses it supported, and also created an additional 47 jobs during the two year project lifespan.

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Unemployment rates in Worcestershire: August 2009

Two people at entrance to Malvern Hills science parkWorcestershire County Council’s research and intelligence unit publish a monthly round-up of employment fact and figures.

These statistics are broken down by wards and districts, and also show the picture for the whole of Worcestershire in comparison to the West Midlands.

Highlights from the August 2009 summary (PDF, 713kb) include:
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Worcestershire awarded grant to promote intergenerational volunteering

FamilyWorcestershire has been awarded part of a £5.5 million grant as part of a cross-government scheme to promote intergenerational volunteering. The Generations Together campaign aims to encourage meaningful interaction between young and old generations across the region.

Over the next two years £386,800 will be available for Worcestershire’s transferable skills project. This project aims to provide more than 700 community project volunteers, both young and old, with additional skills to encourage greater understanding between generations, challenge negative stereotypes and increase interaction between different age groups.

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