It became apparent some weeks ago that South Cambridgeshire could not rely on the Mayor and the Combined Authority to lead on Business Recovery. The reason being that South Cambridgeshire is a very rural district albeit wrapping completely around Cambridge City, with an extremely diverse business sector which includes not only the Cambridge Science Park and the world renown Bio Medical campus at Addenbrookes Hospital with the likes of Astra Zeneca but also the Wellcome and Sangar Institutes at Hinxton and the soon to be Huawei headquarters at Sawston. Every bit as important to us is farming, manufacturing, the service industries, tourism and the many thousands of SMEs, sole traders and home workers. The role of the CA is obviously high level and strategically focused on the whole of the Peterborough and Cambridgeshire area and cannot be refined or nuanced enough to support the village based micro economies which ensures that the 103 villages and 1 new town are truly self-sufficient and sustainable.
When we took control of the council 2 years ago we immediately established Economic Development as one of our top 4 priorities and were in the process of recruiting a Business Support Team when CV struck – which has turned out to be fortuitous. Our original plan was to focus on inward investment, exploiting the potential of our enterprise zones and fulling the SME business support gap left when Business Link ceased to operate. This team will now obviously be focusing on business recovery.
I also recently established the role of Member Champion for Business which Cllr Peter McDonald has excelled at. Peter created a Business Recovery Strategy in the first couple of weeks of the crisis which has been critical for us as the situation has developed.
Economic growth has been more than healthy for the Greater Cambridge area (South Cambs and Cambridge City) and it is currently the government’s focus for their initial investment in the OxCam Arc with the recent announcement of the E-W rail link and the budget plans for 4 new DevCos in and just to the west of the district.