Decision - Greater Brighton Inward Investment & Export Strategy

1)           That the Board agrees the Inward Investment & Export Strategy, noting its two key proposals;

(a)  Creation of a new Trade and Investment Team, subject to funding being identified, that would focus on producing a strategic assessment of the economic segments within the Greater Brighton area; using this assessment to identify areas that would produce the greatest opportunities to attract Foreign Direct Investment – then focusing on attracting new investment to Greater Brighton, and on supporting City Region Businesses to grow and trade internationally

(b)  Delivery of a physical and high-profile hub for Greater Brighton trade and inward investment activities, with potential ‘satellite’ hubs across the City Region.

2)           That the Board agrees the recommended next step, which will be to commence work on preparing a detailed working proposal around how to take forward the two key recommendations.  The detailed proposal would be presented back to the Board for approval at a subsequent meeting.