CCR - Regionally Unleashed 16Apr slide deck

WhatCCRcan providebusinessesin theTorfaenregion

16April2024

StrategicPremisesFund

ManagedbyCBRE,StrategicPremisesisa£50m fundtosupportthedeliveryofCCR’sIndustrialand EconomicPlanbydevelopingnewsitesand modernfloorspaceinSoutheastWales.

•Flexibledevelopmentfinanceacceleratingandkickstartingdevelopment

•Speculativeschemes,on-siteinfrastructure,occupier expansionandrelocation.

•Sectorsincludeoffice,industrial,logistics,hotel, leisure,mixed-use.

•ProjectsmustcontributetotheCCR’seconomic priorities

•TargetingwiderESGbenefits

120,000sqmfloorspace

4,400jobs

£85mleverage

£2m-£15mProperty Development Loans 3years

StrategicPremisesFund

•£1.7mSeniorLoan

•38,000sqftindustrialunit+13,000sq ftextension

•Developmentofenvironmentally friendlyrecyclingandreprocessing facility

•AlignedCCR’ssectorspriorities: Energy&Environment

•Allowsexpandingmanufacturing businesstoremainintheregion

•4.7acresbrownfieldland

•70DirectJobs

•Plannedon-siterenewables

StrategicPremisesFund

•£12mloantofinancetheacquisitionand redevelopmentofSerenStudios

•Proposedstudionewbuildof80,000sqft providingatotalof257,000sqftof employmentspace.

•500-750directjobs,plus150construction jobs.

•Leveraging£21mprivatesectorcapital and£6mWelshGovernmentGrant

•BREEAMExcellent

•EVchargingpointsandcyclespaces

•On-siterenewables2.3MW

•Screenacademylinkedtocommunity

StrategicPremisesFund

•£9.7mloantofinancethecompletionof 146bedhotelandfacilities.

•HotelsupportsICCstatusasaworldclass conferencecentre.

•Loandeliversimprovedenvironmental outputsincludingEPCAandallelectric utilitysystem.

•Traininganddevelopmentpartnershipwith educationinstitutions(USWandColeg Gwent).

•FulldrawdowntargetedforJune2024in timeforhostingRoyalCollegeofNursing Congress.

StrategicPremisesFund

Whatwearelookingfor

Schemeviability

Developerexperienceandskill

Planningconsent/landassembly

Occupierinterest

Clearexitandopportunityforfastrepayment

Target3-yearinvestmenthorizon

Developerequitycommitment

FundUSPs

PartneringwithNorthernValleysFund

Flexibleandbespokelendingstructures

Stretchseniordebtandmezzaninefinanceoptions

Equityinvestmentwillbeconsidered

Experiencedfundmanagementteam

Localgovernmentpartnership

6-12weekapprovalprocess

InnovationInvestmentCapital

LaunchedinNovember2022byCCRwithaninitial £50million,InnovationInvestmentCapitalis explicitlydesignedtohelpscaleinnovative SMEsuccessinSoutheastWales.

•Thisfundisinvesting£2m-£7minenterprisesbased in,orexpandingtotheCCR

187Interactions*

•Addressesthelackofaccessiblelong-termcapital forSMEbusinesses

•Catalysessustainable‘GoodGrowth’acrossthe region

•ThisfundissponsoredbyCCRandpoweredby PwC**

£2m-£7mEquity Investments Fiveyears

*April2024**CapricornFundManagersistheGeneralPartner,responsibleformanagingthefundandoverallportfolioRisk Management.PwCisactingonbehalfofCapricornfortheprovisionofadvisoryandoperationalservicesinsupportoftheIIC.

TypicalInvestmentsAcrossmostsectorsin theCCR (Extendable)funding period

InnovationInvestmentCapital

Investmentcriteria:

Sectoragnostic,prioritisingscaleupinnovative,growthbusinessesintheregion

Businesseseitherlocatedintheregionorhavethelegalandirrevocablecommitmentto expandorrelocatetotheregionforthelongterm

Investeecompanytoberevenuegeneratingandrunbyastrongmanagementteamwitha demonstrabletrackrecord

Thefundislookingtosecureastakeofinexcessof10%

FoundersandManagementneedtobeinvestedinthecompany

www.innovationinvestmentcapital.com

Evidencetoimprove patientoutcomes

Covid: Spotlightontheneed forinstantevidence

HumanDataSciences

Full-steamahead: Recruitmentand development

“Itisworthnotingthatevenlarge, bespokestudieshavebeenunable toreproduceepidemiologicaldata, sothefiguresproducedareallthe moreimpressive”. JournalReviewer,May2023

HumanDataSciences

Keylearnings:

ClusterDevelopment& GrowthProgramme

Cluster Development& Growth Programme (CDGP)

•£6.6mcommitmenttodriveinnovationandeconomic growthacrossCardiffCapitalRegion

•JointlyFundedbyCCR’sCityDealandtheUK SharedProsperityFund

•SupportinggrowthintheRegion’sprioritysectors: Fintech

MedTech

Cybersecurity

CompoundSemiconductors

CreativeIndustries

NetZero

CDGPBusinessSupport

SkillsProgramme

Fullyfundedtraining coursestoaddresskey skillsshortagesindigital, advancedmanufacturing andNetZero

Creatingnewtalentpools forin-demandjobsto supportenterprise growth.

AcademicIndustry Partnerships

Bringingtogetherindustry andacademiatoidentify innovativesolutionsto enterprisechallenges Shorttargetedresearch anddevelopmentprojects tosupportdevelopmentof neworimprovedproducts, servicesorprocesses

BusinessGrowth Programme

Supportingscale-up businessestoaccelerate businessdevelopment Workshops,coachingand supportnetworksleading todevelopmentof business-specific StrategicGrowthPlans

SkillsProgramme

Skills&TalentfortheRegion

•Fullyfundedtrainingopportunitiesrunningthroughout theyear

•Developingtechtalentpools

•Buildingdatacapability

•Techupskillingseriesforbusiness

•Buildinghighvaluemanufacturingtalentpools

•SustainabilityandNetZeroskills, decarbonisationplanning

Techbootcamps

DataAnalytics

DataAnalytics

Skillsdevelopedinclude

•PowerBI.

•Datavisualisation.

•Informationgovernance.

•Statistics.

•Introductiontoprogramming.

•level3qualificationindata analytics

Employerday: 10thMay,Cardiff

Cyber

Cybersecurity

Skillsdevelopedinclude

•Informationsecurity

•Legislationandregulations

•Encryption

•Businesscontinuity

•Cybertools,processes,attack methodologies,

•Cloudandnetworksecurity

Employerdays: 28thMay,Newport 11thJuneEbbwVale

Digital

Digital

Skillsdevelopedinclude

•UXDesign

•Socialmediaandmarketing

•Creatingengagingdigital content

•Projectmanagement.

•IntroductiontoAI

Employerdays: 28thMay,Newport 11thJuneEbbwVale

•Digitaltransformation withAI

•Makingdataworkfor you

•Howbusinessescan adoptAI

•HartreeCentre–Free supporttointegrateAI intoyourbusiness

Academic Industry Partnerships

•Short,targetedresearchanddevelopment collaborations

•Upto£14,000fundingperprojecttoenable enterprisestoaccessexpertiseandsupportthe developmentofneworimprovedproducts,services orprocesses.

Typeofexpertiseavailable

Mobile&EmergingTechnology

MachineLearning&AI

Datavisualisation

Internetofthings

AugmentedandVirtualReality

Productdevelopment

ProductDesign

NewproductDevelopment

ServiceDesign

UserCentredDesign

SustainableDesign

MedTech

BusinessGrowth Programme

•Supportforbusinesseswantingtoscale-upto developastrategicgrowthplan

•Twodayimmersivetrainingworkshopsdeliveredby GrantThornton,CardiffMetropolitanUniversityand BusinessinFocus

•PotentialtojointheCCRBusinessGrowth Acceleratorprogramme

BusinessGrowthProgramme:content

Visitwww.cardiffcapitalregional.walesforfurtherinformation

InnovationInvestmentCapitaldisclaimer

CapricornFundManagersLimited(Capricorn)isthealternativeinvestmentfundmanager(AIFM)forInnovationInvestmentCapital(IIC)andisauthorisedandregulatedbytheFinancial ConductAuthority(FRN505252).

PricewaterhouseCoopersLLP(PwC)isauthorisedandregulatedbytheFinancialConductAuthority(FRN221411).Itisabletoofferalimitedrangeofinvestmentservicestoclients(if theyareanincidentalpartofPwC’sprofessionalservices)asitisamemberofarelevantDesignatedProfessionalBody.PwCisactingonbehalfofCapricornfortheprovisionof advisoryandoperationalservicesinsupportoftheIIC.

AnyinformationprovidedbyPwCinrelationtotheIICisforgeneralguidanceonlyanddoesnotconstituteprofessionaladvice.Youshouldnotactuponanysuchinformationwithout obtainingprofessionaladvice.Norepresentationorwarranty(expressorimplied)isgivenastotheaccuracyorcompletenessofsuchinformation,and,totheextentpermittedbylaw, PwC,CapricornandTheCountyCounciloftheCityandCountyofCardiffonbehalfofCardiffCapitalRegion(“CCR”)andtheirrespectivemembers,employeesandagentsdonot acceptorassumeanyliability,responsibilityordutyofcareforanyconsequencesofyouoranyoneelseacting,orrefrainingtoact,inrelianceonsuchinformationorforanydecision basedonit.

PleasenotethatdatacollectedforthepurposeofyourinvestmentproposaltoIICwillbeshared.©2023PwC.Allrightsreserved.PwCreferstothePwCnetworkand/oroneormoreof itsmemberfirms,eachofwhichisaseparatelegalentity.Pleaseseewww.pwc.com/structureforfurtherdetails.