MTFP Phase 1 - Digital Jersey Presentation - Submission - 9 January 2015

Overview CSSP Submission

January 2015

Digital Jersey is an accelerator'

2

Digital Jersey Objectives

Economic Social Reputation

By 2020

• 2300 new jobs in the digital sector

• Effective e-competency in industry and society

• International recognition as a centre for digital growth

Three Strategic Work Streams

Digital Ecosystem

Delivering an environment that enables sustainable growth

Business Development

Supporting existing business and start- ups and attracting inward investment

Skills Availability & Development

Ensuring skills meet current and future needs for business and community

4

2015 Objectives

2015 Objectives Target * Direct /  RAG  Comments

Influence Status

Economic

New employment in the  150 I Target increased over the initial 2013 business plan 2015 target of 115. digital sector in Jersey

New digital sector  I Target increased over the initial 2013 business plan target of 18 companies created in Jersey

Total 30

Inward  12

Investment

Value of the Digital Sector to  Q2  D Define by Q2; create baseline for 2015 (requires SoJ support) Jersey

Social

Define and quantify digital  Q2 D Define by Q1; establish plans to address by Q3 divide in Jersey

Adopt and implement EU  Q4 D Adopt Q1; implement and communicate by Q3 digital e-competency

framework (e-cf)

Reputation

Establish Jersey on target  Q4 D Establish Jersey on three key digital indices (requires Telco cooperation for indices data)

Increase reach through on  50%  D Website discrete visit metric

line communications increase

Digital Ecosystem

Hub utilisation target 50%  D Utilisation measured by user meetings

increase

Hub income £50,000 D Membership income of £30k; Business Services income of £20k

5 (Based on grant submission of £1.25 m)

2015 Objectives(cont.)

Industry engagement  Quarterly  D Establish survey process and engagement baseline in 2015

surveys

Establish Digital Sector  Q1 I Define in Q1; establish 2015 baseline

Stats reporting with SoJ

Business

Development

Outbound trade missions – 40 D Target exceeds the initial 2013 business plan target of 20. participating companies

Define and launch Jersey  Q2 D Define Test Bed for target sectors by Q2; launch Q3

Test Bed concept

Launch SEIS equivalent in  Q1 I Proposal to SoJ Q1

Jersey

Partnership Agreements D Sign 6 MoU agreements with strategic partners

Run a major FinTech event Q3 D

Skills Availability and

Development

Complete 3 year industry  Q4 D

skills gap and needs

analysis

Skills Programmes 6 D Facilitate and promote 6 industry training programmes

skills programme  60 D

participants

Launch Jersey Sirius'  Q3 D Complete design and roll out plan by Q2; First intake Q3 Programme

Schools Engagement  4 events D Run 4 significant events to promote digital awareness and careers in programme schools

December Update ( D - Digital Jersey has direct responsibility for delivery; I - Digital Jersey influences the outcome)

2014 Objectives Target * Direct /  Q4 Comments

Influence Status

New employment in the digital  65 I Estimated 100+ new positions in the sector. Final numbers to be confirmed early 2015. Industry sector in Jersey reporting growing demand for new hires and unfilled positions due to lack of skills and need for

inward migration.

New companies created in Jersey 6 I 12 start-up companies in the Hub; 20+ other digital companies have commenced.

Inward investments – new  8 I 8 to date; significant wins include Logfiller, Babylon and ISR

companies to Jersey

Outbound missions – companies  15 D 20 companies participated in a number of events including Estonia, Bitcoin London conference attending and the Siemer Conference in Los Angeles

Growth incentive package and FDI  Agreed Q1 D Research complete. Priority recommendations being developed

(foreign direct investment)

proposition

Digital Learning Hub (DLH)  40 Students D First cohort underway for 14 students; working with local industry to ensure graduates are operational and working with  employed.  80 additional students via training, skills programmes and coding programmes. students and school leavers

Co-working space for start-up  Co-located with  D Co-working space started in April; 80 individuals and companies now resident

companies DLH

Major tech conference hosted in  Island  D On course. 120 off island attendees and 30 on island; achieved objectives of putting Jersey on Jersey Innovators, 3-6  the digital map' and developing international relationships.

April

Monthly tech seminars to extend   D Successful programme being delivered, including Cyber Security, eHealth, Cryptocurrency the reach of the sector workshops, Google and Start up ecosystems and financing and developing Jersey.

Formation of Jersey Tech Growth  Fund formed  I Will not launch this year. Ability to get a matching contribution from the SoJ is challenging

Fund Q4

Funding applications to Innovation  8 I Advice provided on 10 potential applications; letters of endorsement provided on 4; including the Fund or other sources through  successful applications by Total Solutions Group and Logfiller

Digital Jersey

2014 Annual Schedule 1: Key Objectives, Priorities & Description of Services: December Update (* D – Digital Jersey has direct responsibility for delivery, I – Objective influences the outcome)

Jersey Space Programme  4 projects  D Space Programme replaced with 2015 schools completion to drive initialed as individual  in schools engagement in schools

projects

Apple i-tunes store in   I Waiting to hear from Apple.

Jersey

Making programme in  2 schools Completed, including the successful Tech Fair in November with over 600 schools  attendees

Formation of Channel   D Complete. We are also sponsored their May conference.

Island Info Security Forum

Initiate target sector  E-health,  D E-gaming market assessment commissioned with KPMG. E-health in development social  development.

gaming

Establish baseline data for  Publish D In progress

economic activity for the

sector

Create impact evaluation  Agree  D In progress.

framework assessment

method