Norfolk Investment Framework

The County Council commissioned an ‘investment framework’ for the county in response to a number of factors:

  • The Government’s Levelling Up White Paper, which aims to:
    • boost productivity, pay, jobs and living standards by growing the private sector
    • spread opportunities and improve public services, especially in those places where they are weakest
  • The desire create a step-change in the economic profile of the county, a direction set by the Norfolk and Suffolk Economic Strategy
  • The move away from EU funding to a new national financial framework, with more competition for funding, highlighting the need to clearly evidence our challenges, but also our scope to contribute to the national economy

Underpinning the Framework is a comprehensive evidence base about the county - its places, people and sectors.

Based on this detailed data and analysis, the Framework itself is a set of high-level investment priorities designed to tackle four ‘grand challenges’ that Norfolk faces:

  • To create new opportunities for Norfolk’s residents by increasing skills and labour market dynamism
  • To provide effective and efficient public services to a spatially-dispersed population
  • To strengthen and future-proof business clusters, to grow the economy
  • To protect Norfolk’s economic and natural assets from climate change

These four challenges are then broken down into ‘thematic objectives’ covering the period 2022-26, with specific ‘example interventions’ - so it’s clear how delivery against each objective could be achieved, and what success might look like.

Both the evidence base and the Framework were consulted on widely, involving public, private and voluntary sector bodies and community groups. The Framework and its supporting evidence document were endorsed by the County Council’s Cabinet on 6 June 2022.

View the evidence base
View the Investment Framework