Cornwall Marine Network

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1 Cornwall Marine Network Presentation to: Maritime UK & UK Marine Cluster colleagues by Paul Wickes MBE CEO

2 Cornwall Marine Sector 6 Key Economic Clusters Cornwall Marine and Maritime Sector: Falmouth / Padstow Penryn 1.12 / Wadebridge Billion GDP Isles of Scilly 855 businesses Penzance 99% SMEs 16,000 employees + 1,100 volunteers Fowey / Par 1 : 7 of UK Marine Sector

3 Diverse Range of Key Marine Industries Leisure / Tourism Boat Hire Canoeing/Kayaking Charters (Yacht/Motor/RIB) Coasteering Diving (Equipment/Services) Ferries/Water Taxis Fishing Equipment/Charters Marinas Powerboat/Motor/RIB Tuition Sailing Schools/Instructors Surf Schools Waters-skiing/Wakeboarding Windsurfing Commercial / Industry Boat Brokerage Boat Building/Design/Shipwright Boat Repairs/Maintenance Boat Storage/Boatyards/Lay-ups Craneage Deliveries (Road/Sea) Drilling Electronics Hydraulics Manufacturing/Fabricating Marine Consultants Marine Engineers Marine Surveyors Non-Destructive Testing Pollution Control Salvage/Towage Ship Repairs Underwater Surveys Other / Support Chandlery Clothing Marine Filming/Photography Marine Insurance/Solicitors Marine Recruitment Maritime Heritage Rigging Therapies Waterside Accommodation Wildlife Watching

4 CMN Created by Employer Champions 2002 Cornwall marine employer champions had the big idea Formed Cornwall Marine Network Identity and voice to marine businesses in Cornwall Mission and CMN USP: To increase the prosperity of our member companies

5 CMN the Winning Formula The Winning formula: Employer Champions Shared values Ownership CMN is not-for-profit Private company - Limited by Guarantee Member businesses own CMN Any trading surpluses re-invested in member benefits The business model is transparent and has integrity

6 CMN Group of Companies CMN Blue Growth UK North Atlantic Blue Tech Marine Cluster Cornwall Apprenticeship Agency Cornwall Marine Academy MOR Group

7 Key CMN Team successes 2017 Exceeded 2.1 Million turnover for the first time Landmark milestone achievement of >3,000 people into jobs Including; creating 1,100 new Apprenticeships; 1,450 new jobs with members; 600 unemployed people into jobs 10 new team members hired by CMN Fully delivered 1.85 Million Cornwall Marine Capital Fund, 3 years, attracting marine sector private investment of 5.1 Million Launched new incremental innovation services to CMN members improving productivity Launched Bid Writing service to members winning more than 9.1 Million of project funds Incorporated MOR Group and Cornwall Marine Academy Launched Blue Growth UK; signed agreement with North Atlantic Blue Tech Cluster Alliance Secured record volume of new business Recognised as largest trading employer-owned Marine cluster in UK and Ireland

8 Key CMN Team successes 2017

9 Key CMN facts: Cornwall Marine Network is the largest trading employer-owned Marine Cluster network in the UK and Ireland On average, every working day CMN has existed since the staff Team were created in June 2005, we have placed someone into a job + 3,162 jobs The value of the jobs created and filled by CMN now add more than 30 Million of added value to Cornwall s economy. Every Year! The cumulative value of CMN to Cornwall s economy is worth MORE THAN 240 Million The CMN scale of achievement is without parallel: across any sector in Cornwall in the UK and Ireland Marine sector in the EU Marine sector?

10 Key CMN facts: Tremough University added 491 Million value in 10 years Tremough Cost = 197 Million CMN added 240 Million in 12.5 years CMN Cost = 23 Million Each 1.00 invested in Tremough University generates 2.48 for the Cornish economy Each 1.00 invested in CMN generates for the Cornish economy

11 Industrial Strategy / Shared Prosperity Fund 8 major marine clusters Falmouth / Cornwall 6 th largest Main focus - ship building and maintenance Base Blue Growth UK partners in 8 clusters Largest growth Plymouth; Solent and Mersey Falmouth / Cornwall significant cluster (UoE) Support SW Marine Cluster by engaging SME employers

12 Marine Sector Deal Priorities for Investment Five key categories: Idea s (innovation) Incremental innovation for SMEs; Autonomous vehicles; MRE + Marine Tech; circular economy People Re-training; Apprenticeships in SMEs; increased STEM engagement / pre-apprenticeship training; skilled engineers Infrastructure Capital support for SMEs (RGF5); investment in Ports infrastructure (dredging, sea-walls, pontoons) Business environment Prioritise Marine Tech support; including further investment in Marine Enterprise Zones; Wraparound support services Places Jobs and skills support in peripheral locations; support for marine Cluster developments Four pillars: Technology and Innovation Ship systems, design, build including the National Shipbuilding Strategy Regional growth, clusters and supply chains Skills

13 Thank you Paul Wickes MBE CEO Cornwall Marine Network

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