MIDAS hosts stakeholder event to shape strategy for Greater Manchester's graduate talent pool - MIDAS

MIDAS hosts stakeholder event to shape strategy for Greater Manchester’s graduate talent pool

MIDAS, Manchester’s inward investment agency, and The Commission for the New Economy are hosting a morning workshop to showcase the results of two research reports examining graduate talent retention and skills development in Manchester and the 22 northern universities.

The event, to be held on Wednesday 10th June 2009, will highlight and promote opportunities for Manchester’s graduate talent pool to generate and support investment in the Manchester City Region based on the key findings from the reports.

The Graduate Retention and Language Skills’ report, commissioned by MIDAS, brings together research from a number of universities, inward investors and other sources to focus on the retention of the 400,000 students from the 22 HE Institutions within an hour of the city.

The report highlights the graduate offer, in particular around languages and the number of international students, that the region has and its competitive position within the UK.

Key findings are:

- 70% of graduates from Northwest HEIs who entered employment remained in the North West
- Manchester University has the highest number of overseas students in the UK
- 18% of the UK’s graduates study within one hour‘s drive of Greater Manchester
- The North West produces 20% of all UK language graduates
- The North West has the second largest number of students coming to study, after London

Colin Sinclair, Chief Executive of MIDAS, said: “Manchester is in an excellent position to use the huge graduate talent pool as a unique selling point for inward investors – as we are already doing. This report shows that Manchester can do yet more to attract and retain the brightest and the best people with potentially huge economic gains across the whole of the city region.”

The event will also discuss the ‘Understanding Labour Market, Skills and Talent report’ from the Manchester Independent Economic Review (MIER) – the largest independent economic review to be conducted in Europe which found that, for most sectors, Manchester has a greater proportion of its workforce employed in knowledge businesses than in other regional UK cities.

Key stakeholders from the public, private, education and community sectors will meet to shape strategy. The key players include:
Professor Rod Coombs, Vice President of Innovation and Economic Development at the University of Manchester and MIDAS board member,
Baron Frankal, Director of Strategy and Research at the Commission for the New Economy,
Tim Ashcroft, Chief Executive of Innovas Group,
Rachel Green, Head of Business Development at MIDAS ,
Dr. Keith Lawrence, Associate Director of Enterprise at the University of Salford,
Chris Fletcher, Deputy Chief Executive at Greater Manchester Chamber of Commerce
and Lis Smith, Head of Skills at the NWDA.

Baron Frankal, Director of Strategy and Research at the Commission for the New Economy, said: “We are developing an economic strategy for the city region with people and talent at its heart. This event will present the opportunity for stakeholders to influence the strategy and provide best practice on its implementation.”

The format for the workshop will be two expert-led sessions examining each report in detail followed by a roundtable group discussion entitled ‘what should Manchester’s strategy be to better attract and retain talent?’ and concluding with a panel discussion.

The event will take place on Wednesday 10th June 2009 from 9am-12:15pm at
Chancellors Hotel & Conference Centre, Chancellors Way, Moseley Road, Manchester, M14 6NN.

For further information regarding registering for this event, please contact Adele Cavanagh at MIDAS on 0161 877 3000.

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