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        The Investment Plan

         

        You can find out about and read the submitted plan here:

        Watch the ‘Explainer Video

        If you need the Plan in an alternative format please email ramsgate-future@thanet.gov.uk

        What is the Town Investment Plan?

        The aim of the Town Investment Plan is to outline the potential opportunities in supporting Ramsgate’s Future. It has been created by the people of Ramsgate to define what they would like for the town and identify key priorities of work to achieve this.

        It creates a tool for organisations to use for their own funding bids, and provides justification to potential investors for why they should invest in the town. And, crucially, the priorities and projects included are those that have been created by the local community.

        The plan includes new evidence which maps key characteristics of the town and a new spatial plan which identifies short, medium and long term actions to help give Ramsgate a brighter future. It has been shaped by the community and stakeholder engagement that took place in May / July 2021.

        Projects include those where funding has already been successfully secured, including the Levelling Up Fund, High Street Heritage Action Zone and Future High Street Fund, as well as aspirational projects which the communities wish to deliver, but where additional investigation may be required and funding sourced. The Town Investment Plan identifies which projects can have the most significant impact and will contribute to the overall vision of the town.

        Want to include a section with the infographic about how the TIP was developed and the roadmap, not sure if this should go on a separate section or can go within this section.

        What is the Town Investment Plan?

        This infographic sets out the roadmap to support future investment into four key stages. The text following this image details the information contained within the image.

        This infographic sets out the roadmap to support future investment into four key stages. The first part – the ‘Ramsgate Future Initiative’ – reads: “Start: The Ramsgate Future initiative was launched in May 2021. One part of Ramsgate Future is the creation of a new plan for Ramsgate with a vision to transform the town. This is called the Ramsgate Future Town Investment Plan.”

        Alongside this, we have the second part, the ‘Future High Street Fund/High Street Heritage Action Zone’ which reads: “The Town Investment Plan pulls together existing funding streams such as the Future High Street fund, the High Street Heritage Action Zone into one document. During the development of the Plan, we also used this information and your views to inform the Levelling Up Fund bid, submitted in June 2021. News our bid was successful was received in October 2021.

        The third stage is titled ‘Our process’, which reads: “To create this plan and ensure it delivers, it has gone through the following steps: we have asked the public for their views & feedback; we have compiled a statistical evidence base which provides clear & robust information for stakeholders to use; we have finalised the Town Investment Plan document using all feedback and published.”

        The fourth part – Future Investment – reads: “It is a roadmap to direct future investment,
        making the most of the town’s assets.” We can see three streams of ‘traffic’ running parallel here: businesses, communities and residents.

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        How we developed the Town Investment Plan

        This infographic is of a tree showing how the plan grew. The text following this image details the information contained within the image.

        This infographic is of a tree showing how the plan grew.

        At the first stage, through engagement with stakeholders and residents, many suggested ideas and proposals were brought together; forming the tree’s roots.

        The trunk of the tree represents the consolidating of the ideas. People funneled all the ideas to those that they thought were important. These were then ranked to ensure that ideas chosen had the greatest impact on Ramsgate. By using statistical evidence local people and groups consolidated the various ideas to create key themes for the Plan.

        These themes being:

        • Ramsgate’s economy
        • Address deprivation
        • Ramsgate’s identity
        • Resident and visitor offer
        • Create better connections

        The branches spreading from the themes, indicate that each theme has priorities and actions, all of which aim to address the issues raised.

        All these key elements in developing the Plan involved various forms of engagement, including workshop sessions, surveys, one-to-one meetings and meeting people on the street.

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