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Economic Development Strategy 2012 - 2017
VISION
“For Stockport to build on its position as a growth economy in Greater Manchester, connecting its residents and businesses to more
opportunities, and providing an ideal environment to start, grow and locate a business”
BUSINESS THEME PLACE THEME PEOPLE THEME
Objective 1 -
Attract, retain and grow Stockport’s large
businesses
Objective 4 -Improve Stockport’s image and communicate its strengths
Objective 8 -Reduce worklessness within Stockport, particularly in priority neighbourhoods
Objective 2 -
Improve the quality of Stockport’s office offer
Objective 5 -Transform Stockport Town Centre into the Prime Town Centre in Greater Manchester South
Objective 9 -Increase skills across all levels in Stockport
Objective 3 -
Increase the proportion of high-growth
businesses within Stockport
Objective 6 -Maintain Stockport’s diverse offer in the form of its district centres and key employment areas
Objective 7 -Enhance connectivity and accessibility for businesses and residents within Stockport
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Business Theme
Objective 1: Attract, retain and grow Stockport’s large businesses
1.1 Engage with property agents to provide intelligence about the strength of the Stockport offer to support marketing to potential occupiers 1.2 Streamline key account management for the borough’s large employers 1.3 Take stock of the borough’s current inward investment offer
Key Outcome (s) for this objective -
Stockport’s major employers are encouraged and supported to grow within the borough
Stockport maintains its share of new foreign and UK investment coming into Greater Manchester
Project Title & Description Key Milestones & Outputs Lead Support
1.1 Provision of clear, investor friendly, web-based & printed
intelligence to potential
investors
1.2 Regular engagement with major employers through regular one-to-one meetings to understand opportunities and challenges as they arise, proactively working to establish solutions
Promote Stockport as a business investment location and through appropriate marketing literature and the Business Ambassador Pack, ensuring material is made available to potential investors both directly and through dissemination via agents/developers
Identify and apply appropriate methods of web-based interaction/promotion with the business community, including the incorporation of new marketing techniques based on developing technologies, as appropriate
Maintain engagement with major employers and foreign owned businesses through Stockport Economic Alliance and one to one Employer Engagement liaison
Co-ordinate and encourage employer engagement activity amongst Local Enterprise Partnership organisations
Stockport Council
Stockport Council
MIDAS
Stockport Council
MIDAS/Chamber of Commerce/
Marketing Stockport
MIDAS/Chamber of Commerce/
Marketing Stockport
Stockport Council
MIDAS/Business Growth Hub
3
Project Title & Description Key Milestones & Outputs Lead Support
1.3 Work proactively to provide all necessary support to potential investors to secure a location within Stockport
Secure inward & indigenous investment for Stockport (500 jobs created per annum)
Maintain detailed knowledge of the Stockport offer, liaising with partners to ensure a positive outcome for Stockport
Maintain the local network of “ambassador” businesses willing to welcome and host potential new employers
Stockport Council/MIDAS Business Growth Hub
MIDAS Stockport Economic Alliance/ Stockport Council/Chamber of Commerce/ New Economy
Stockport Council MIDAS
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Objective 2: Improve the quality of Stockport’s office offer
2.1 Reassess Stockport’s office offer within Greater Manchester, repositioning the offer as necessary to maximise the attractiveness of Stockport as a business
location
2.2 Work to encourage and challenge developers, existing landlords/managers and business owners to increase the provision of grade A office accommodation
through new developments and the redevelopment/upgrading of existing stock
Key Outcome (s) for this objective -
Increase grade A office space as a proportion of its overall stock
Ensure increased office occupancy rates
Project Title & Description Key Milestones & Outputs Lead Support
2.1 a) Bring forward major office
schemes such as Stockport Exchange, and the former Royal Mail Sorting Office
b) Understand business location requirements based on current and recent take-up
2.2 a) Ensure regular engagement and
development of positive relationships with the commercial property sector
Key development opportunities and proactive work undertaken with developers to bring these forward and to the market
Phase 2 of Stockport Exchange completed by Feb 17, including 43,000 sq ft office accommodation, with office and retail occupiers secured
Occupiers secured at prime office locations including Stockport Town centre
Seek to address the key findings of the 2014 Stockport Employment Land Review and 2015 GM Spatial Framework
Maintain regular liaison with developers/agents who have an interest in Stockport
Maintain bi-annual Stockport Developers Event showcasing the borough to the property sector
Stockport Council Property Sector
Stockport Council Muse Developments
Property Agent/ Stockport Council/MIDAS Developer
Stockport Council Stockport Property Alliance
Stockport Council Property Sector/MIDAS
Stockport Council Stockport Property Alliance/ Property Sector
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Project Title & Description Key Milestones & Outputs Lead Support
b) Improve joint working relationships with a view to attracting and generating investment and promoting Stockport to potential end users
Property Sector Stockport Council
as a commercial centre for office occupiers
Work with developers/agents to improve existing
Continue to promote Stockport and the town centre
Property Sector Stockport Council
town centre office stock and support the development of new schemes
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3.1
Objective 3: Increase the proportion of high-growth businesses within Stockport
3.1 Work to ensure the business support offer within Greater Manchester continues to meet the needs of Stockport’s new and small businesses 3.2 Ensure high growth businesses have access to the support and advice necessary to enable their growth 3.3 Enable improved provision of low-cost start-up space within Stockport for new businesses/graduates
Key Outcome (s) for this objective -
Maintain existing start-up rates
Increase the proportion of high-growth businesses above the Greater Manchester average
Project Title & Description Key Milestones & Outputs Lead Support
a) Ensure that Stockport’s entrepreneurs have access to suitable and affordable business start-up services and aftercare
b) Develop networking & local inter-trading opportunities, promoting business support services and supply chain development
c) Promote and encourage take up of business support services
Ensure continued provision of new business start-up support, following current programme which ends in June 2015. Suitable new funding sources need to be identified
Stockport Meet the Buyer, October 2015 & March 2017
Maintain and support a pro-active programme of Stockport based business events and networks and identify new opportunities to build and support Stockport’s business community
Increase in the number of companies engaging with and accessing support from recognised business support providers
Service provision to lead to increased GVA and jobs growth
Local Enterprise Partnership
Stockport Economic Alliance
GM Chamber of Commerce/ Stockport Council/Business Growth Hub
Business support providers
Stockport Council/Business Growth Hub/Avanta
Stockport Council/STaR
Marketing Stockport/business community/Stockport Economic Alliance
Local Enterprise Partnership/ Manchester Growth company/ Stockport Economic Alliance
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3.2
3.3
Project Title & Description Key Milestones & Outputs Lead Support
a) Develop a deeper understanding of Stockport’s business base including existing and potential high-growth businesses
b) Highlight ways to increase the overall percentage of high-growth businesses in Stockport
a) Develop creative/cultural business space in Stockport Town Centre
b) Promote and develop Managed Workspace & Business Incubation options
Undertake analysis of the business base to identify companies with high growth potential in Stockport
Identify opportunities to support key business growth sectors
Ensure Stockport Business & Innovation Centre is well placed to support the development of new high growth business starts
MMU Marketplace Studios launch and operate successfully from Town Centre
Opportunities for joint working and business development identified and actions implemented
Extend the range of low risk property options for young/new start businesses
Raise occupancy levels within the existing supply of managed workspace /incubators
New Economy Stockport Council
Business Growth Hub Stockport Council
Stockport Council Oxford Innovation
Manchester Metropolitan Stockport Council University
Creative sector Stockport Council
Property sector Stockport Council
Workspace providers Stockport Council
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Place (Image) Theme
Objective 4: Improve Stockport’s image and communicate its strengths
4.1 Provide intelligence about the strength of the Stockport offer to support marketing to potential occupiers
4.2 Position Stockport as a complementary brand and as part of the wider (South) Manchester/GM offer
Key Outcome (s) for this objective -
Stockport needs to better sell its strengths as a driving force within Greater Manchester
Project Title & Description Key Milestones & Outputs Lead Support
4.1 Agree a consistent set of streamlined messages, supported by intelligence on key strengths
4.2 a) Deliver a range of events,
aimed at raising Stockport’s profile both regionally and nationally
“We are Stockport” campaign work commences to identify key messages and content generation plus raise profile of the campaign amongst key stakeholders
Consumer launch completed March 2015
Funding identified to continue campaign beyond November 2015
Deliver the annual Stockport Business Awards
Deliver a series of events for the Town Centre: eg
Screen Stockport festival
Old Town Festivals
The “Big” Event
Foodie Fridays
Developers Event
Facilitate opportunities for major profile raising events
Place Marketing Steering Stockport Council Group
Business Awards Steering Group
Screen Stockport Stockport Old Town Life Leisure Business community Stockport Council
Stockport Economic Alliance/ business community
Stockport Chamber of Commerce/ Stockport Economic Alliance/ Marketing Stockport
Sponsors/business community Business community Stockport Council Stockport Council Stockport Property Alliance/Stockport Economic Alliance/Property Sector
Stockport Council/Greater Manchester Chamber of Commerce
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Project Title & Description Key Milestones & Outputs Lead Support
4.2 (continued) b) Ensure Stockport is well
positioned in Greater Manchester to access and secure investment funds
Promotion of funding opportunities for Stockport based organisations, leading to secured investment for the period 2015-2017 (eg. ERDF, ESF, HLF, RGF, GMiF)
Utilise investment funding to effectively stimulate economic growth with reported outputs to include job creation, business creation, GVA, and investment levered
Local Enterprise Partnership/ Stockport Council
Stockport Council and partners
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Place Theme
Objective 5: Transform Stockport Town Centre into the Prime Town Centre in Greater Manchester South by:
5.1 Improvements to the Retail Core to improve the offer to shoppers, workers and visitors to the town centre
5.2 Capitalise upon the Market Place and Underbanks to maximise the distinctiveness of the town centre by improving the offer within the “undiscovered old town”
5.3 Develop the A6 Office Quarter as a new gateway to the town, incorporating Stockport Exchange and the A6 Corridor
5.4 Encourage the trend for infill residential investment around Covent Garden Village
5.5 Develop a Low Carbon Town Centre
Key Outcome (s) for this objective -
Return the town centre to its position as the main centre in GM South, complementing the primary centres in the conurbation core (Manchester
City Centre and the Trafford Centre)
Project Title & Description Key Milestones & Outputs Lead Support
5.1 a) Bring forward improvements
to the retail & leisure core identified in Stockport Town Centre Development prospectus at:
Redrock
Merseyway
Redrock (formerly Bridgefield Street) Secure planning permission for developments associated with Redrock scheme Identify and secure end users Development expected to begin on site 2015, with completion scheduled for 2017
Merseyway Investigation and consideration of an overarching investment and management plan for the area developed by end of 2016
Stockport Council
Merseyway Centre (UK Asset Management)
Property Sector
Stockport Council
b) Explore the potential for a business improvement district within Stockport Town Centre
Project to be established and launched 2015 Vision Stockport Stockport Council
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Project Title & Description Key Milestones & Outputs Lead Support
5.2 Action Stockport Town a) Market Place, Underbanks & Lower Centre Development Hillgate prospectus projects for:
Create a vibrant mix of residential and Stockport Council Stockport Property Alliance/ a) Market Place, Underbanks commercial uses attracting niche retailers, Registered Social Landlord’s/
& Lower Hillgate independent service providers and bespoke Landowners/Homes & Communities b) St Peter’s Square & St residential schemes that will improve and Agency/ Manchester Metropolitan
Petersgate sustain footfall in the area University/Stockport College/Town Centre Business and Retail Forum
Action plan developed to improve footfall and economic viability of the Market Place, Underbanks & Lower Hillgate
Develop and agree tenant mix strategy by mid 2015 identifying end users
Implementation of agreed action and strategy 2015 onwards
Continue liaison with land owners in the area
b) St Peter’s Square & St Petersgate
Potential operators identified as part of development Stockport Council of Market & Underbanks strategy
Meetings held with key owners to discuss future plans for key sites and premises
Stockport Council Stockport Property Alliance/ Developers
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5.4
Project Title & Description Key Milestones & Outputs Lead Support
5.3 Bring forward A6 Office Quarter identified in Stockport Town Centre Development prospectus through:
a) Stockport Exchange
b) Stockport Homes Office Development
a) Develop affordable, high quality homes that will transform the housing market in Central Stockport
b) Encourage development
of private sector residential space in the town centre
a) Stockport Exchange
Phase 2 of Stockport Exchange development on site and completed bringing 43,000 sq ft office accommodation, 115 bed hotel and public realm improvements to the Town Centre
Occupiers and end users identified for development
Hotel management and franchise agreements in place by end of 2015
Development completed and occupied 2016/2017
b) Stockport Homes office development
Construction work to commence 2015 with completion anticipated January 2017
Hopes Carr -Work continuing with Seddons to support continued development through future phases
Covent Garden- Completion of development
Support and encourage private-sector and registered provider led housing development for economically active households within Stockport Town Centre
Stockport Council Muse Developments
Stockport Homes Developer
Housing Developers/ Stockport Council/Homes & Registered Social Landlords Communities Agency/Stockport
Housing Partnership
Stockport Council
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5.5
Project Title & Description Key Milestones & Outputs Lead Support
a) Further develop proposals for a Low Carbon Town Centre District Heat Network in collaboration with partners
b) Proactively encourage BREEAM excellent developments and adoption of low carbon technologies in existing and new premises
c) Develop proposals for the enhancement of Green Infrastructure in the Town Centre
Continue to develop proposals via Greater Manchester Energy Networks Delivery Group
Deliver training on low carbon planning policy requirements to the development sector and promote the benefits of low carbon design and technologies – at least two basic sessions per year with investigation of funding options to provide other training options as requested in feedback from training to date
Continue to promote the benefits of using environmental design standards such as BREEAM on all development in the Borough – monitor the number of consultations on planning applications regarding BREEAM
Preparation and adoption of Green Infrastructure Enhancement Strategy
Incorporate recommendations of the Town Centre Green Infrastructure Enhancement Strategy into major Town Centre Developments
Delivery of ‘micro’ demonstration projects
Stockport Council New Economy/Landowners/Private Sector
Stockport Council New Economy/Economic Solutions
Property Sector Stockport Council
Stockport Council
Stockport Council Red Rose Forest
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Objective 6: Maintain Stockport’s diverse offer in the form of its district centres and key employment areas
6.1 Maintain positive support to existing district centres 6.2 Ensure planning policy continues to support development across key employment areas, including local and district centres 6.3 Audit Stockport’s ladder of accommodation from incubation through grow-on space to larger units, and identify gaps in the provision needed to support and
retain growth businesses in the borough
Key Outcome (s) for this objective -
Stockport to maintain and build upon existing spatial strengths over the coming decade
Project Title & Description Key Milestones & Outputs Lead Support
6.1 Facilitate the development of Each district centre to have an active, local trader led local trader led business business network networks in the district centres Occupancy rates in district and local centres to
remain above 85% on average
6.2 Secure the adoption of Stockport’s Local Development Plan
6.3 Implement recommendations arising from Employment Land Review and GM Spatial Framework
Establish the timeframe for preparation of future elements of the Stockport Local Plan (Local Development Framework) by end of Summer 2015
Time frame to include drafting and finalising of policies across the full range of policy topics required to inform planning decisions
Inform development of major commercial sites/projects
Develop Gorsey Bank as modern industrial park and secure tenants
Planning permission secured and works commenced on site Autumn 2015. Occupiers secured for site with the development completed and occupied by early 2016
Local Traders Associations Stockport Council
Stockport Council Property Sector
Stockport Council
Stockport Council Stockport Property Alliance
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7.1
Objective 7: Enhance connectivity and accessibility for businesses and residents within Stockport
7.1 Bring forward projects that improve accessibility across the borough and in the Town Centre 7.2 Improve the car parking offer across the town centre 7.3 Ensure an adequate number and frequency of public transport services, improving access from Stockport’s residential areas to key employment areas 7.4 Develop the proposition for investment in next-generation digital infrastructure (including broadband) as part of the wider Greater Manchester project
Key Outcome (s) for this objective -
Stockport to cement its role as the most connected district in Greater Manchester
Project Title & Description Key Milestones & Outputs Lead Support
a) Produce detailed scheme development for Town Centre Interchange Project
b) Develop and implement Stockport Town Centre Access Plan
c) Modernise Stockport Rail Station, focussing on retail space and rail platforms
d) Work towards delivery of A6 to Manchester Airport Relief Road
Outline business case for Town Centre Interchange finalised, consulted upon and planning application submitted - 2015
First phase on projects to start on site 2016 with final completion of all works anticipated for 2020
Identify projects to improve the A6 environment & legibility
Transport for Greater Manchester
Stockport Council
Final business case for Phase 1 and 2 of Town Centre Access Package developed, submitted and approved. Phase 1 - 2015 and Phase 2 - 2016
Phase 1 Town Centre Access Package implemented 2015 - 2017. Phase 2 - Commences on site 2017
Stockport Council Transport for Greater Manchester
Station masterplan outlining modernisation works to be completed 2015 with implementation to follow Stockport Council
Construction of A6 to Manchester Airport Relief Road on site 2015. Anticipated completion in 2017
Stockport Council/Cheshire East Council/Manchester City Council
Delivery Partners
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7.2
Project Title & Description Key Milestones & Outputs Lead Support
a) Implement improvements Continuation of improvements as identified identified in Stockport Parking Strategy
Development of a new car park at Red Rock b) Develop a new multi-storey
(formerly Bridgefield Street) associated with Red car park to service the office
Rock development. Planning resubmitted Autumn quarter and commuter
2014 with aim to start on site 2015 markets at Red Rock(formerly Bridgefield Street)
7.3 a) Continue to work towards
tram-train connection between Stockport and Manchester
Rail strategy approved 2015 and implemented by Stockport Council, aimed at bringing forward rail priorities within Stockport, taking into account HS2 proposals
b) Improve public transport services to key employment areas such as Airport City
Review access to key employment areas with Transport for Greater Manchester (TfGM) and other local operators
Development of area based travel plans
Implementation and promotion of Get Digital Faster project and extension programme leading to 99.3% of all premises able to access superfast broadband by March 2017
Promote Superconnected Cities connection voucher scheme to SME’s
Encourage take up of superfast broadband (look to achieve over 20% take up of new fibre cabinets)
Encourage take up of Digital Growth Hub specialist advice to SME’s
Stockport Council
Stockport Council Delivery Partner
Transport for Greater Stockport Council Manchester
Stockport Council Transport for Greater Manchester
Transport for Greater Stockport Council/BT Manchester
Stockport Council Manchester City Council
Transport for Greater BT Manchester/Stockport Council
GM Business Growth Hub Stockport Council
7.4 a) Extend superfast broadband
fibre network across Stockport
b) Ensure Stockport maximises the opportunities provided through the improvements to digital technology
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8.1
People Theme
Objective 8: Reduce worklessness within Stockport, particularly in priority neighbourhoods
8.1 Ensure local services align with emerging welfare reform structures (eg Work programme providers) 8.2 Make better connections between local job creation opportunities and areas of high unemployment 8.3 Ensure Stockport residents of all ages have the information and guidance to understand what is required to access employment opportunities 8.4 Support residents to recognise the benefits of skills, training and learning as a mechanism for addressing worklessness 8.5 Address non-skill related barriers to work by ensuring employment is encouraged as a realistic route out of poverty and towards improved health and living
standards
Key Outcome (s) for this objective -
Reduce levels of worklessness particularly in Stockport’s most deprived neighbourhoods (priority areas)
Minimise youth unemployment
Reduce numbers of Stockport residents reliant on out of work benefits
Project Title & Description Key Milestones & Outputs Lead Support
a) Develop Stockport partner’s role in supporting Welfare to Work Programmes
b) Ensure Stockport residents benefit from emerging welfare reform initiatives, as appropriate, and within required timescales
Regular liaison between Welfare to Work programme providers and key delivery partners leading to effective joint working
“Working Well” target to support around 350 people formerly on the Work Programme, through integrated service delivery
Delivery of Youth Contract 18 - 24, leading to levels of participation among Stockport residents increasing 2015 - 2017
Stockport Council DWP Providers/Local Partners/ Welfare to Work providers
Programme Providers Stockport Council/AGMA
Programme Providers Job Centre Plus
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8.2
Project Title & Description Key Milestones & Outputs Lead Support
a) Develop local labour agreements between employers, investors or developers and the council leading to improved recruitment and training opportunities
b) Support/develop pre-recruitment training providing the opportunity for people to meet local employers, learn about the industry, job opportunities and undertake sector specific training
c) Work with partners to facilitate continued programme of work clubs in priority areas
Adoption of National Skills Academy for Construction guidance by 2015
Local labour market agreements to be incorporated in contracts for Stockport Exchange, Redrock Stockport, A6 - Manchester Airport Relief Road, Highways investment
Establishment of Stockport and Tameside Construction Club
Undertake mapping of pipeline of Regeneration project in order to identify end user jobs
Pre-employment training developed on an ad hoc basis in response to mapping exercise and opportunities
Continue to develop employer involvement in Work Clubs from January 2015
Stockport Council Construction Industry Training Board/ Greater Manchester Chamber/ Construction GTA
GM Chamber of Commerce Construction sector/Stockport Council
Skills & Employment Stockport Council Partnership
Training providers/Skills and Employment Partnership
Stockport Council Stockport Homes / Registered Social Landlord Employers/Stockport Economic Alliance
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Project Title & Description Key Milestones & Outputs Lead Support
8.3 Supplement employment Stockport Council Job Centre Plus Borough wide Jobs Fair to be held in Autumn 2015, information on local jobs to 2016 and 2017 Stockport’s workless Stockport Council Local employers/training providers Continue delivery of weekly work clubs in priority residents through an annual areas to support access to employment and training Jobs Fair information
8.4 Promote apprenticeship opportunities to people, schools, businesses and parents
8.5 Ensure ease of access for Troubled Families to employment and skill support through Employment & Skills Advisers and JCP secondees
Increase the number of (young) people, schools, businesses and parents visiting the Apprenticeships Store each year by 15%
Continue to promote Apprenticeships through National Apprenticeship Week information events and activities
Continue to promote Apprenticeships through information to parents, schools, young people and businesses at key times in the year to support transitions at 16, 17 and 18 and Raising the Participation Age
Develop a co-ordinated approach where possible to increase participation in apprenticeships
Increase level of participation in employment and skills support amongst target group
Pilot the use of the Goals UK method to address non-skill related issues
Stockport Council / 14-19 Stockport College/Place Board/ Partnership Stockport Homes
Stockport Council/DWP
Goals UK Stockport Council
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Objective 9: Increase skills across all levels in Stockport by:
9.1 Continue to deliver successful programmes aimed at improving basic skills and employability, particularly within priority areas 9.2 Ensure education and training provision evolves to meet the changing skills needs of employers 9.3 Foster engagement between the AESE Partnership and Stockport Economic Alliance to encourage employment best practice among Stockport businesses
Key Outcome (s) for this objective -
Reduce the proportion of residents with no qualifications, particularly in priority areas
Increase the proportion with level 3 or higher qualifications
Project Title & Description Key Milestones & Outputs Lead Support
9.1 Provide English and Maths training to adults without Level 2 qualifications
9.2 a) Gather, interpret and respond
to intelligence regarding labour markets to enable greater match between demand and supply of skills
b) Deepen employer relationships with the post 16 education sector to shape curriculum offer
Increase in number of adults without Level 2 qualifications accessing English and Maths training
Utilise DataCube information on apprenticeships to inform decision making
Communicate and respond to gaps identified within current provision
Development of new Stockport Employment & Skills Partnership to develop match between skills demand and supply
Further develop projects aimed at matching employers with post 16 education sector (eg PEEBS/TASTE )
Training Providers Skills and Employment Partnership
Skills and Employment New Economy Partnership
Post 16 Education sector/GM Stockport Council Chamber of Commerce
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Project Title & Description Key Milestones & Outputs Lead Support
9.3 Encourage best practice amongst local employers in terms of supporting disadvantaged individuals into employment and training
Encourage take up of incentives by employers and participation in pre-employment training and offers of work experience
Promotion of apprenticeships through:
50:50 apprenticeship campaign achievement
Apprenticeship Store targets and outcomes
National Apprenticeship Week Event - open to the public/schools
Promote Jobs with Training to employers through engagement activity
Training Providers Skills and Employment Partnership/ Stockport Economic Alliance/ Greater Manchester Chamber of Commerce Stockport Council
Stockport Council/ National Apprenticeship Service Apprenticeship training providers/local employers
Stockport Council AGMA
9.4 Collaboratively bid for Skills and Employment GM Growth Company/Stockport resources to develop
Funding opportunities identified Partnership Council
programmes associated with skills and employment development
Funding secured for Stockport
9.5 Co-ordination of work Stockport Council/Skills and Training providers/local employers associated with devolution of
Influence the design and establishment of the Employment Partnership
skills activityframework for skills activity following devolution
Implement the delivery of activity locally
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Key Performance Indicators
The table below outlines the three performance indicators against which the overall impact of the Economic Development Strategy’s Action Plan 2015 - 2017 will be
measured. Attainment in relation to individual projects will be measured using the aforementioned key milestone and output criteria.
Performance Indicator Source Baseline Date Baseline Figure Progress to date (2014)
Increase in the percentage of working Annual Population Sur- October 2009 - September 79.8% 79.3% (2013)
age population that are economically vey 2010
active
or 142,700 people or 143,200 people
Increase in the number of people BRES 2010 126,125 people 121,600 (2013)
whose location of employment is with-
in Stockport (including self-employed)
Increase in the number of high growth New Economy Man- 2009 269 businesses Review to be completed
businesses in Stockport chester (1.28% of overall business
base)
Action Plan Risk Register
A full risk register and financial impact assessment has been undertaken for the Economic Development Strategy Action Plan 2015 - 2017, to access a copy of this please
contact the Growth Team on 0161 474 3734 or [email protected]
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Contact Details
For further information about the Economic Development Strategy or the work of Stockport Economic Alliance please contact the Stockport Council’s Growth Team:
Postal Address; Growth Team Economic Development and Regeneration Programmes Services to Place Town Hall Edward Street Stockport SK1 3XE
Telephone Number: 0161 474 3737
Email Address: [email protected]
Web: www.stockport.go.uk/economy
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