Herefordshire's economic vision to 2050
Herefordshire Sustainable Growth Strategy Board (HSGSB) are delighted to launch Herefordshire's Big Economic Plan and recruitment process to the new Economy and Place Board. The Big Economic Plan is a partnership document, setting a collective vision for the future growth of the county.
In 2050 Herefordshire is a vibrant, healthy, zero carbon, and inclusive place to live, work, study and visit at all stages of life. Our rural communities, market towns and university city are thriving with high quality employment, housing and services. A high technology, higher value and creative economy has enabled living standards to rise. We have protected our rich natural environment.
Herefordshire faces some significant long term economic challenges:
- Since 2015 the county's gross value added has declined at almost twice the national rate
- Growth in the number of jobs available remains slow
- Workplace earnings are almost £5,000 lower than the national average
However, the county also has fantastic opportunities, with excellent quality of life and environment, strengths in further and higher education including one of the first new universities to be established in the country in decades (New Model Institute in Technology and Engineering), a thriving Enterprise Zone, and strengths in areas such as food and drink, tourism, creative industries and cyber security.
We are also well placed to benefit from new opportunities in the green economy, and changing lifestyle choices as people choose to seek an enhanced quality of life while working remotely.
Aim of the plan
The Big Economic Plan will enable the county, through collaborative working to meet a shared vision, to address these challenges and rise to our opportunities.
One of the key recommendations of the plan is to create a place-focused partnership board consisting of public, private and voluntary sectors, working together to implement the plan and deliver our shared ambitions for the county.
The HSGSB are now recruiting for members of the new partnership in addition to seeking a new independent chair.
The deadline for applications was noon 18 May 2023.
For any other enquiries, please email email@example.com