Table 8: risks and opportunities identified by a selection of stakeholdersOpportunitiesMentioned by:Continued partnership workingLocal authorities, Universities Scotland, SFCMedium to long term investmentLocal authorities, Prof Fothergill, Colleges ScotlandImproving structural difficultiesLocal authoritiesReduced administration and auditing burdenLocal authorities, Industrial Communities Alliance, Colleges ScotlandImproved monitoring and evaluationLocal authorities, Morag KeithFuture evaluations more usefulLocal authorities, Scottish EnterpriseRethink regional economic policyLocal authoritiesMore geographically sensitiveLocal authorities, Industrial Communities AllianceMore flexible in ability to support businesses and react to shocksLocal authoritiesFunding based on needCities Alliance, Industrial Communities AllianceAbility to reduce thematic restraints of current fundsCities AllianceAbility to change priorities, focus and allocations depending on environmental and societal challengesSCVOFuture programmes fully aligned to Scotland’s Economic StrategyScottish EnterpriseConsider more sophisticated selection criteria beyond GDPHighlands and Islands EnterpriseFuture programmes should be more risk-based and innovative Universities Scotland, Scottish Enterprise, Colleges ScotlandRisksMentioned by:Funding not ring-fencedLocal authoritiesReduced fundingLocal authorities, Industrial Communities Alliance, Morag KeithLack of consultation with stakeholdersLocal authoritiesPotential hiatus between structural funds stopping and replacement fund startingLocal authorities, Prof FothergillShort-termismLocal authoritiesTop down management and direction of the fundLocal authorities, Industrial Communities AllianceUsing Barnett Formula to allocate fundsCities Alliance, Industrial Communities Alliance,New...