SWM News June 2017:
Publication of WM Science & Innovation Audit
Our
Comment:
WM Science & Innovation Audit - What makes sense for climate,
makes sense for business
We’re
really excited by the publication of the WM Science & Innovation Audit last
week. It highlights our market strengths including next generation
transport, sustainable construction and energy storage and systems.
There is no doubt that that the low carbon economy is one of our
strengths and will continue to grow and that what makes sense for
the climate, makes sense for business.
It
focuses on the critical role of networks as being core to
successful innovation. Through our nine cross sector networks and growing membership, we will continue to
lead in this area.
The
policy and regulatory framework is a key factor in supporting
innovative low carbon activity. We continue to support the WMCA providing evidence
and independent monitoring including benchmarking of LEPs and local
authorities, review and monitoring of the Strategic Economic Plan
and support from our board as a ‘critical friend.’
ERDF
funding has been essential in helping to build our innovation
ecosystem. Alternatives to ERDF funding must be made available. SWM
continues to support partners such as BEIS, local LEPs, the WMCA and Energy Systems Catapult to
develop support for future low carbon innovation.
Read
‘Our Comment’ for a full review of
the WM SIA and join us at Venturefest at Birmingham NEC
tomorrow to find out more. Andy Street, the Mayor of the West
Midlands, will open the event by discussing ‘Innovation and the
West Midlands Economy’ and a panel session in the afternoon will
consider different perspectives and opportunities to take the
findings of the WM SIA forward.
Anna
Bright, Chief Executive, on behalf of the SWM team.
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