Local Enterprise Partnerships

Local Enterprise Partnership Good Practice Guide

Introduction For most businesses it is the private sector which can best provide the most professional customer focussed help for small firms and the government’s role is to facilitate that help and make the market work better for business. The government is continuing to drive a simpler approach to the support that it offers and provide a framework businesses can understand and navigate. The Department for Business, Innovation and Skills (BIS) have simplified the Government funded offer for business improvement by introducing a streamlined Solutions for Business (SfB) portfolio with a much clearer focus on improving business performance and growth. The portfolio will be targeted at activities where a Government lead is required, for example, on supporting complex trade deals and challengi... »

Start-ups and Micro Firms May Miss Out on Support from Local Enterprise Partnerships

Start-ups and micro businesses may not get the support they need under the Government’s new business support network, the National Federation of Enterprise Agencies (NFEA) has warned. The NFEA has highlighted its concerns in a new report Putting the ‘E’ into LEPs (PDF) which states that start-ups and micro firms may miss out when the Regional Development Agencies (RDAs) and Business Links are replaced with Local Enterprise Partnerships (LEPs). It says that the plans for LEPs have so far focused more on their other functions, such as infrastructure, rather than their enterprise role. “We’re concerned that firms with less than ten employees and start-ups in particular won’t get enough support, as they are the businesses that currently benefit from the local Business Link advice service... »

Local Enterprise Partnerships get Green Light

Proposals for twenty-four Local Enterprise Partnerships (LEPs) were given the green light by Government today, in a landmark move that will see local small business and civic leaders working together to drive sustainable economic growth and create new jobs in their communities. Ministers announced the first wave of successful partnerships today as part of a new plan for local economic growth, which sets out the Government’s role in empowering locally driven growth, encouraging business investment and promoting economic development. Ministers also declared the £1.4bn Regional Growth Fund open for business. The fund will support the creation of private sector jobs and will particularly support communities currently dependent on the public sector, helping them make the transition to private s... »

56 New Local Enterprise Partnerships

Following the closing date for submissions for Local Enterprise Partnership proposals, the government has confirmed that it has received 56 proposals from across the country. Communities Secretary Eric Pickles and Business Secretary Vince Cable have praised the commitment and ambition shown by councils and businesses to form LEPs, the organisations that the coalition Government intend to replace the Regional Development Agencies (RDAs). Apparently there are some quite radical approaches in some of the proposals and Ministers have been impressed with what they’ve seen so far. The proposals have identified a wide variety of challenges facing local economies and have proposed innovative solutions to tackling these challenges. The Government is keen for these Local Enterprise Partnership... »

Local Enterprise Partnerships: Widen Scope says IoD

The Institute of Directors (IoD) has sounded out its view towards Local Enterprise Partnerships, the coalition Government’s planned replacements for Regional Development Agencies, in letters to Eric Pickles, the Communities Secretary, and Vince Cable, the Business Secretary. The IoD has become "increasingly concerned" about the level of "parochialism" it has detected in preliminary talks about the geographical scale of the Local Enterprise Partnership proposals and Director-General of the Institute of Directors (IoD), Miles Templeman, spelled out four principles in his letter to Eric Pickles and Vince Cable: ACTIVITY: The central focus of LEPs must be wealth creation and economic development. To this end, all LEPs should focus on transport, infrastructure and plan... »

Local Enterprise Partnerships to be shaped by Real business people

SMEs and business groups are to play a key leadership role in shaping the formation of Local Enterprise Partnerships (LEPs), the Government has announced. Earlier this year, the Government announced that the nine current Regional Development Agencies (RDAs) will be replaced with a new business support structure — LEPs — saying it wanted to bring local councils and businesses closer together in order to boost enterprise and create jobs. The Department of Communities and Local Government has now unveiled that regional chambers of commerce and other small business groups will work with local councils to help tackle planning issues, improve infrastructure, support small businesses and promote employment projects. Communities Secretary, Eric Pickles, said that the British Chambers of Commerce a... »

Regional Growth Fund and Local Enterprise Partnerships

Deputy Prime Minister Nick Clegg today launched a £1 billion Regional Growth Fund to help areas and communities at risk of being particularly affected by public spending cuts. The fund, which will operate in 2011/2012 and 2012/2013 will help areas most dependent on public sector employment as the country makes the transition to private sector-led growth and prosperity. Both private bodies and public-private partnerships will be able to bid for funding by demonstrating that their proposal will bring in private investment and support sustainable increases in private sector jobs and growth in their area. Speaking in Bradford after the first Coalition Cabinet meeting outside of London today, Nick Clegg said: "While we sort out the nation’s finances we can also help to foster a thriv... »