The consultation on the draft Torbay Economic Growth Strategy is still open and Torbay Council would like to hear from those who live, work and own a business in the Bay on the priorities and actions mentioned in it.
This new strategy, which has come from evidence gathered from economic data, speaking to key stakeholders, partner organisations and a range of businesses based in the Bay, recognises the range and complex issues that come from being a coastal resort.
It is an ambitious strategy, covering the next eight years to 2030, with a clear vision that it is hoped communities and partners can support. It is important that stakeholders and partners get behind the strategy and support its delivery. Transforming Torbay’s economy will require a true partnership effort.
The main priorities of the strategy are to:
- Build on our economic specialisms – which are photonics and micro-electronics, tourism and fishing industries.
- Help our community and residents to reach their potential
- Support innovators, entrepreneurs and business owners to stay and grow in Torbay
- Make the most of our natural landscape to grow our economy
Councillor Swithin Long, Cabinet Member for Economic Regeneration, Tourism and Housing, said: “We have had a great response so far to this consultation so a thank you to those who have taken the time to take part. I really encourage our residents and businesses to take a look at this draft strategy and let us know if we have got our priorities and actions right. The work from this will not only impact those who choose to start and grow a business in Torbay but those who live and grow up here so we can make sure there are more opportunities and prospects available for everyone.”
“This strategy not only focuses on attracting investment for new buildings and infrastructure, it’s also about investing in our people. Ensuring our residents have the right education, skills and training. Working together we want to help businesses improve performance, create new opportunities for our residents, tackle poverty and improve health outcomes.”
This consultation is still open and it will be closing at midnight on Sunday 2 October 2022.