Strategy & Investment Plan

Strategy and action
As the sub-regional economic partnership (SREP) for Greater Cambridge, the GCP produces a sub-regional economic strategy (SRES). The priorities in the SRES are produced in wide consultation with our partners and include a review of district economic strategies and linkages to the regional economic strategy (RES).

To complement the SRES, the GCP produces an annual Business and Investment Plan and an annual Investing in Communities Business Plan to define how the strategy will be translated into effective action on the ground.

Greater Cambridge sub-regional economic strategy
The 2005-2008 SRES is a three-year plan with a ten-year outlook. It aims to achieve the Partnership's vision and ensure the sustained economic success of Greater Cambridge.

The vision of the SRES is that “Greater Cambridge should be a world leader in the knowledge-based economy which combines business success with a high quality of life for all.”

The aims are founded on a recognition that by working together the Partnership can ensure that:

  • Growth of the high-tech cluster will be sustained, enabling businesses and research institutions to excel internationally
  • Partners will create a dynamic but inclusive economy enabling more people to fully contribute to, and benefit from, economic growth
  • Communities can genuinely thrive – in Cambridge city, the market towns and rural areas within Greater Cambridge
  • Planned growth of the sub-region is managed in a sustainable way to protect and enhance the quality of life for everyone that lives and works here.

To download the full 2005-2008 SRES goals

Business and Investment Plan This details how each strategic goal will be met. It outlines projects that will be delivered by selected delivery partners.
Download the latest Business and Investment Plan

Investing in Communities Business Plan This details how key objectives will be met via projects delivered to increase social inclusion in relation to goal 4 of the SRES.
Download the 2007-2011 IiC Business Plan

Regional economic strategy This sets out the agreed framework and priorities for economic development across the East of England.
Download the executive summary of the current regional economic strategy

The RES is currently being reviewed and the GCP, through the Board Directors and executive staff, is fully engaged in putting forward our collective views which highlight the importance of Greater Cambridge to the region. Follow the RES review process and timetable

GCP strategy

A summary of the five goals and priorities of the Greater Cambridge sub-regional economic strategy is detailed below, with links to the East of England Regional Economic Strategy (RES).

SRES Strategic Goals Links to RES Goal

Goal 1:
Encouraging global success in entrepreneurship, research and development and business growth across the high-tech cluster

2,3,7,8

Goal 2:
Encouraging business growth and economic development which will underpin a growing and sustainable sub-regional economy

2,4,5,8

Goal 3:
Developing a skills base to support a world-class economy

1

Goal 4:
Benefiting all across the sub-region

5

Goal 5:
Creating a high quality place to live, work and visit

4,6,8

Government liaison
The GCP liaises with government at a local, regional, national and international level, from Government Office East in the region to government departments in Whitehall and the European Union in Brussels.

We welcome discussion and debate and coordinate meetings with government to ensure that the interests of Greater Cambridge are clearly represented and to showcase significant developments and highlight key issues that require government intervention.

Government liaison can take several forms and includes:

  • Producing a structured response to government consultations, for example, with regard to the development of the new regional economic strategy and to ensure that the interests of Greater Cambridge are effectively represented
  • Organising and hosting regular visits of government officials such as visits by the board of the Department of Trade and Industry and Treasury research teams
  • Liaison with local MPs on key issues and assisting the production of policy statements to provide clear communication to government about the contribution of Greater Cambridge to the UK economy while highlighting the specific needs of the area.
 Women in business London 2012 Olympics Funding Tenders Sign up for our newsletters