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NEW ANGLIA Local Enterprise Partnership

NEW ANGLIA Local Enterprise Partnership. 10 th December 2013. New Anglia. Norfolk and Suffolk with ‘shared territory’ with GCGP Population approx. 1.5 million 60,000 businesses – mostly SMEs £26 billion GVA Established in May 2011 as a company limited by guarantee

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NEW ANGLIA Local Enterprise Partnership

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  1. NEW ANGLIA Local Enterprise Partnership 10th December 2013

  2. New Anglia • Norfolk and Suffolk with ‘shared territory’ with GCGP • Population approx. 1.5 million • 60,000 businesses – mostly SMEs • £26 billion GVA • Established in May 2011 as a company limited by guarantee • 14 Board members – 7 business, 6 local authority, 1 HE/FE • 11.5 members of staff (we’re not EEDA!)

  3. Aims and Objectives • Bring private and public sector together • Break down barriers to growth and job creation • Signpost businesses towards local and national support • Strategic Leadership for collective action on growth • Small scale direct delivery • Not a grant giving body • Role and remit is growing all of the time

  4. So far…………………….. • East of England Energy (Enterprise) Zone • Great Yarmouth/Lowestoft • 13,000 jobs over 25 years • Finance for Business • £13 million to support business growth • Grants between £5,000 and £500,000 up to 20% of costs • Growing Places Funding • £18m of loans into 8 projects (revolving Fund)

  5. And……………………… • Focus on the Green Economy • National pathfinder • Business Information Portal • Skills Manifesto • Lobbying for transport improvements • Two City Deals with Growth Hubs • Assisted Area Status

  6. At the moment………….. • Period of strategising! • Towards a Growth Plan • Strategic Economic Plan • EU Investment Strategy - £81m over 7 years • Support for social enterprise • Support for VCS

  7. Opportunities • Third Sector / VCS Engagement Plan • Funding to understand the sector • EU ‘Structural and Investment Funding’ • Blank canvas • Community Led Local Development (CLLD) • £6m for ‘bottom-up growth’ • Collaboration potential between LEPs

  8. How to engage with us • Help us to help you • Understand our priorities, role (and limitations) • Understand that all LEPs are different • Talk our language • Have a collective voice • Respond to consultation (SEP in January) • Think scale and collaborate

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