Aims & Objectives
- To promote the growth of the Glasgow economy
- To promote investment in Glasgow and its infrastructure.
- To promote growth, investment and jobs in Glasgow’s key sectors:
- Low Carbon Industries;
- Life Sciences;
- Finance & Business Services;
- Tourism; and,
- Higher & Further Education.
- Bringing focus and alignment to Glasgow’s economic development efforts.
- Aligning partner resources behind identified priorities (incl. Glasgow City Council, Scottish Enterprise, Scottish Skills Development, the private & academic sectors).
- Supporting industry-led, key sector work streams to identify priorities for growth and investment and ensure their delivery against agreed Action Plans.
Key Sector Priorities (as Oct. 2013)
Low Carbon Industries
- Attract private and public investment in the city’s low carbon economy: with Sustainable Glasgow (weblink) leading on the development of large scale, investment- grade project proposal.
- Communicate Glasgow’s status as a Low Carbon Industries ‘hub’: via joint working between the city’s low carbon businesses, universities and public agencies, especially round the new Glasgow brand: People Make Glasgow.
- Market ITREZ as Scotland’s International Technology Renewable Energy Zone: and link to the development of the Technology Innovation Centre (TIC) and Innov.
- Lead on the creation an industry voice to the Scottish Engineering SIP (Skills Investment Plan).
- Promote Glasgow as a major international Engineering hub: via the excellence of its companies, universities, colleges, innovation and skills base.
- Support innovation in Engineering: building on the work of the AFRC (Advanced Forming Research Centre), TIC, PNDC (Power Networks Demonstration Centre), Fraunhofer Centre for Applied Photonics, Sensors & Sensor Imaging Systems Innovation centre
- Promote and attract investment in the Glasgow Bio-Corridor: especially business innovation space within the new South Glasgow Hospitals campus, at the West of Scotland Science Park and in the city’s universities.
- Attract investment in key areas of strength – Stratified Medicine, MedTech (Medical Technologies) and industrial biotechnology
- Grow BioCorrdior income by £200m, over 2012-17, ahead of Scottish target.
Finance & Business Services
- Target new and growing opportunities in the F&BS market – including in regulatory compliance, client & data security, country risk, legal outsourcing and re-shoring.
- To build on the success of Glasgow’s ISFD (International Financial Services District) – and create Phase II with £1bn investment and 15,000 jobs targets by 2023.
- Develop Glasgow as the UK’s most work-ready financial services work force – by developing a workforce plan involving companies, school, colleges and universities.
- Drive investment in the city’s tourism economy: especially in business tourism (eg SECC / Hydro Arena) and in large-scale sporting and cultural events.
- Exploit Mackintosh internationally: and drive investment by IP owners to take Mackintosh into Glasgow’s key in-bound destinations (Europe, N. America Far East)
- Develop and deploy the city’s new branding in support of all key sectors – People Make Glasgow
- Expand Glasgow city centre’s “offer”: from daytime, into evening into the night economy and make it’s a destination of choice for business, people and investment.
Higher & Further Education (HFE)
- Internationalise Glasgow’s HFE ‘offer’: and attract additional international investment, talent and students to Glasgow’s HFE institutions and economy.
- Maximise progression & inclusion across HFE: develop and expand progression, especially in key sectors (eg College- University delivered ‘Engineering Academy’)
- Promote enterprise & innovation in HFE: incl. increased student entrepreneurship, company-based apprenticeships and better links and support to existing businesses.