Wouter Schuitemaker Investment Director

Wouter SchuitemakerInvestment Director

businessbirmingham.com


European FDI

Destination City 2008 - 2012

Birmingham 11,917Belfast 7,694Manchester 7,638Edinburgh 6,710Liverpool 5,270Glasgow 5,108Leeds 3,728Bristol 3,558

Jobs createdFDI projects into Europe

Investment Performance

Overall, investment

across Europe has fallen

2.7% increase in foreign-backed UK

projects

52% increase

in FDI projects in

Birmingham

UK regions (outside of

London) have seen a

decrease in FDI projects

More capital

investment and job creation

than past 25 years

Exports are good for Investment

Value of UK exports

increased by £0.5bn from April 2012-13

West Midlands exported over

£20bn worth of goods in 2012

UK regions (outside of

London) have seen a

decrease in FDI projects

Strong international demand for advanced manufacturing products from the region – automotive in particular

Countries engaging in exporting are attracting higher levels of inward investment

Many of most successful exports – such as JLR and MG Motor UK – are backed by foreign companies

Boosting international trade is crucial to raising the profile of the UK as a global investment destination

Post Regional Development Agency Challenges

Low budget for FDI and narrow policy mandate

Cross-over of target sectors

Centralised National FDI pipeline to UKTI

Development of local offer propositions and comparative advantage

Supporting Local Delivery Partner on local issues (planning, site finding and utilities)

Business Birmingham FDI Strategy

Sector Focus

Spatial Planning & FDI linkages

Site Propositions

Promotion of broader geography

International outreach

Links to UKTI Trade activity

Incentives


Sector roadmap

Source: PA Analysis

Global powerhouse

Quality over quantityCreating the buzz

Economic impact (short to medium term)Higher

Lower

Inward

Sour

ce o

f inv

estm

ent o

ppor

tuni

ties

Indi

geno

us

Digital media

Business & professional

services Advanced engineering

(auto)

Auto Supply Chain

ICTFood & drink

Logistics

Medtech

Low carbon technologies

Bio-pharma research

Financial services

Built to last

marketingbirmingham.com

Pipeline 13/14 – source channelsProjects by source Jobs by source

UKTI

AgencyBB

BCC

CPBB

CP

Agency

BCCUKTI

Telephone

OtherOther multiplier

Intelligence

Birmingham Office Market Forum

Other

Other multiplier

Other


Economic Zone Development Opportunity for up to 50,000sqm of new

floorspace for companies in areas of R&D, clinical trials and pharmaceutical manufacturing Creation of economic zones to fast track and expedite projects quickly

Simplified planning

Access to finance

Gap funding

Business development programmes

Tailored training and recruitment packages


City Centre Enterprise Zone

26 sites across nearly 70 hectares of Birmingham city centre Financial and Professional Services Creative and Digital Media 700,000 sqm of new office floorspace 600,000 sqm of new leisure, recreation and commercial floorspace

Partnerships

Memorandum of Understanding (MoU) with UK Trade & Investment (UKTI)

Main point of contact for inward investment on behalf of Black Country and Solihull – building a stronger proposition

Birmingham’s international profile is growing, and with the support of partners across the Black Country and Solihull, we have an opportunity to extend this further, bringing benefits to a wider sway of this part of the world.

Some areas within the GBSLEP have their own clear identity and branding and we use the most relevant in appropriate markets.

Being aligned to the city will bring value and we work with the GBSLEP, local authorities and partners across the wider region to realise those benefits.

Business Birmingham – FDI pipeline


Business Birmingham active projectspipeline as per May 2013

14%

7%

5%

5%

3%

5%

4%

8%

4%

Birmingham active projects – by sector

Business Professionaland Financial Services

13.2%Advanced

Engineering

31.6%

Food and Drink

10.5%

Life Sciences

6.6%

ITEC

22.4%

DigitalMedia

2.6%

Pipeline as of June 2013

Sector composition(based project numbers)

SME Fast Track – available to small to medium enterprises operating within the ERDF Priority 3 areas of Birmingham and the Black Country.

Mobile Investment Fund (MIF) – £2,000 per job for larger overseas investments

Business Development – £8m Business Development Programme, which provides grant awards between £10,000 and £15,000 representing 45% of eligible project costs.

Training and Recruitment – Birmingham Jobs Fund for employing a young Birmingham person aged 16-24 includes grants of up to £4,550 per person

Simplified Planning – Local Development Order (LDO) in place to speed up major planning application decisions.

Innovative funding initiatives

Questions

Documents

Wouter Schuitemaker Investment Director