SlideShare a Scribd company logo
1 of 24
Paul Litten
Investment and Regulation Board Member
Humber LEP
Humber LEP
Humber LEP Area
• Population – 921,000 (2012)
• Economically active – 451,500 (June 2013)
• Businesses – 32,500 (June 2013)
• Majority SME’s
• Businesses exporting – 12% (2012)
• GVA - £14billion per annum,
• Unemployment 7.2% (March 2015)
Core Stats
Humber LEP – KEY ACHIEVEMENTS
• Supported over 200 businesses
• Created 2,200 new jobs
• 1000 businesses supported to improve skills
• 5000 people trained in businesses
• Gold Standard – CEIAG (Careers)
• 300 Businesses signed to Skills Pledge
• 20% of UK’s Natural gas
• 27% of UK’s Refining capacity
• 1/3 of UK’s Coal imported provide 17% of UK’s Electricity
• BIO mass
• Expertise in Energy Production, Storage and Handling.
Humber Energy Estuary
Humber Enterprise Zone
At 484 hectares, equivalent to 780 football pitches,
the Humber has the largest Enterprise Zone in the
country offering renewables sector Original Equipment
Manufacturers (OEMs) and their supply chains the
opportunity to co-locate to make cost reductions on a
major scale.
Job Creation
The Zone’s ambition is to create 1995 direct jobs, and
1190 indirect in the next five years. By 2023 between
3500 and 8500 new jobs could be created in the region
as a result of offshore wind opportunities.
To March 2015, 167 employment positions and 108
construction jobs have been created on the Humber
Enterprise Zone.
Top 3 Reasons to Invest
• The largest Enterprise Zone in the UK, offering
original equipment manufacturers and their supply
chains the opportunity to co-locate.
• Ideally positioned for the manufacture, assembly and
dispatch of turbines, with 3 of the UK’s largest North
Sea wind turbine zones within easy reach.
• The Port of Grimsby is the closest major port to the
network of wind farms off England’s east coast, and
an important operations and maintenance centre.
Site Map
Incentive Site name Size (ha)
Enhanced Capital
Allowances
Green Port Hull 58
Queen Elizabeth Dock South 20.33
Able Marine Energy Park 225.9
Total 303
Discounted
Business Rates
Able Marine Energy Park 25.0
Keystore 0.67
Kingston Parklands 4.03
Burma Drive 3.98
Marfleet Environmental Technology Park 2.69
Elba Street 1.94
Valletta Street 3.24
Rix & Kingston International Business Park 8.13
Total 49.68
Humber Renewable Energy Super Cluster EZ
Available Incentives
• Up to 100% business rate discount worth up to
£275,000 per business over a 5 year period, for
businesses relocating before March 2018
• Simplified local authority planning, for example,
through Local Development Orders
• 100% enhanced capital allowances (tax relief) to
businesses making large investments in plant and
machinery on investment made before March 2020
Business Rates Retention
• All business rates growth generated by
the Enterprise Zone is kept by the relevant local
enterprise partnership and local authorities in the
areas for 25 years to reinvest in local economic
growth
• Potentially over £200m in revenue under optimum
conditions over the 25 life span
Humber Bridgehead
Humber Bridgehead – Phase 1
Humber Bridgehead – Phases 1 and 2
Humber Enterprise Park - Brough
The Humber
17
Key assets include:
• Close to offshore wind farms
• Deep water estuary and large ports
• Development land close to shore
• Pre-existing infrastructure
• Good communication routes
• Incentives for development
Key Locations for Developments in
the Humber
18
Hull
19
• Greenport, Hull – ABP &
Siemens
• £315m investment
• 1,100 direct jobs
• Assembly, Installation
base and blade
manufacture
Key Locations for Developments in
the Humber
20
Able Marine Energy Park
21
• 1.3km heavy lift quay
• Quay width 28m
• 2,135 acre land holding
• Berthing pocket 60m wide
• Quays and large land bank
allow wind cluster and share
services...reducing cost
• £450m investment
• Up to 4,100 new direct
jobs
Key Locations for Developments in
the Humber
22
Grimsby
• Operations and
Maintenance cluster
developing
• In the order of 400 direct
jobs already created. Est.
total 1,100
• Around £20m investment
so far and in direct
pipeline. More to come.
Humber LEP Contacts
Website: www.humberlep.co.uk
Twitter: @humberlep
Email: info@humberlep.org
Telephone: 01482 485260

More Related Content

What's hot

Key lessons from the most successful community heating schemes
Key lessons from the most successful community heating schemesKey lessons from the most successful community heating schemes
Key lessons from the most successful community heating schemesSwitch2 Energy Limited
 
Slide 13 Veijo Huusko Vattenfall Invest In Renewables V Sent May 18
Slide 13 Veijo Huusko Vattenfall Invest In Renewables V Sent May 18Slide 13 Veijo Huusko Vattenfall Invest In Renewables V Sent May 18
Slide 13 Veijo Huusko Vattenfall Invest In Renewables V Sent May 18fundingrenewables
 
Wisselwerking industrie en ontwikkeling energienetten
Wisselwerking industrie en ontwikkeling energienettenWisselwerking industrie en ontwikkeling energienetten
Wisselwerking industrie en ontwikkeling energienettenDutch Power
 
Solar Cloth case studies April16
Solar Cloth case studies April16Solar Cloth case studies April16
Solar Cloth case studies April16Kevin McIntyre
 
Innovative Approaches to Sustainability
Innovative Approaches to SustainabilityInnovative Approaches to Sustainability
Innovative Approaches to SustainabilityErvia
 
The Evolution of London's Business Improvement Districts
The Evolution of London's Business Improvement DistrictsThe Evolution of London's Business Improvement Districts
The Evolution of London's Business Improvement Districtsfutureoflondon
 
Presentación de Vincent Fristot en la Jornada Barcelona hacia la Transición E...
Presentación de Vincent Fristot en la Jornada Barcelona hacia la Transición E...Presentación de Vincent Fristot en la Jornada Barcelona hacia la Transición E...
Presentación de Vincent Fristot en la Jornada Barcelona hacia la Transición E...Fundación Renovables
 
Build to Rent, Aberfeldy Village
Build to Rent, Aberfeldy VillageBuild to Rent, Aberfeldy Village
Build to Rent, Aberfeldy Villagefutureoflondon
 
Utility Scale to Domestic Energy Storage
Utility Scale to Domestic Energy StorageUtility Scale to Domestic Energy Storage
Utility Scale to Domestic Energy StorageJustin Hayward
 
Chris Stone, Head of Finance at Scotia Gas Networks - A TomTom Case Study.
Chris Stone, Head of Finance at Scotia Gas Networks - A TomTom Case Study.Chris Stone, Head of Finance at Scotia Gas Networks - A TomTom Case Study.
Chris Stone, Head of Finance at Scotia Gas Networks - A TomTom Case Study.Global Business Events
 
Clean power for transport: a European alternative fuels strategy. The role of...
Clean power for transport: a European alternative fuels strategy. The role of...Clean power for transport: a European alternative fuels strategy. The role of...
Clean power for transport: a European alternative fuels strategy. The role of...EBAconference
 
Statoil - Norwegian German Cooperation in Changing Energy Markets - Anders Ma...
Statoil - Norwegian German Cooperation in Changing Energy Markets - Anders Ma...Statoil - Norwegian German Cooperation in Changing Energy Markets - Anders Ma...
Statoil - Norwegian German Cooperation in Changing Energy Markets - Anders Ma...Innovation Norway
 
Fbe manchester energy event nov 2015
Fbe manchester energy event nov 2015Fbe manchester energy event nov 2015
Fbe manchester energy event nov 2015FBE Manchester
 
01 Anne Hojer Simonsen Agencia Danesa De La Energia
01 Anne Hojer Simonsen Agencia Danesa De La Energia01 Anne Hojer Simonsen Agencia Danesa De La Energia
01 Anne Hojer Simonsen Agencia Danesa De La Energiaguest8c8206
 

What's hot (19)

NPL Opening 10th may
NPL Opening 10th mayNPL Opening 10th may
NPL Opening 10th may
 
Key lessons from the most successful community heating schemes
Key lessons from the most successful community heating schemesKey lessons from the most successful community heating schemes
Key lessons from the most successful community heating schemes
 
Slide 13 Veijo Huusko Vattenfall Invest In Renewables V Sent May 18
Slide 13 Veijo Huusko Vattenfall Invest In Renewables V Sent May 18Slide 13 Veijo Huusko Vattenfall Invest In Renewables V Sent May 18
Slide 13 Veijo Huusko Vattenfall Invest In Renewables V Sent May 18
 
Wisselwerking industrie en ontwikkeling energienetten
Wisselwerking industrie en ontwikkeling energienettenWisselwerking industrie en ontwikkeling energienetten
Wisselwerking industrie en ontwikkeling energienetten
 
Solar Cloth case studies April16
Solar Cloth case studies April16Solar Cloth case studies April16
Solar Cloth case studies April16
 
Innovative Approaches to Sustainability
Innovative Approaches to SustainabilityInnovative Approaches to Sustainability
Innovative Approaches to Sustainability
 
The Evolution of London's Business Improvement Districts
The Evolution of London's Business Improvement DistrictsThe Evolution of London's Business Improvement Districts
The Evolution of London's Business Improvement Districts
 
Presentación de Vincent Fristot en la Jornada Barcelona hacia la Transición E...
Presentación de Vincent Fristot en la Jornada Barcelona hacia la Transición E...Presentación de Vincent Fristot en la Jornada Barcelona hacia la Transición E...
Presentación de Vincent Fristot en la Jornada Barcelona hacia la Transición E...
 
aicep Global Parques, industrial clusters the power of partnerships
aicep Global Parques, industrial clusters   the power of partnershipsaicep Global Parques, industrial clusters   the power of partnerships
aicep Global Parques, industrial clusters the power of partnerships
 
Build to Rent, Aberfeldy Village
Build to Rent, Aberfeldy VillageBuild to Rent, Aberfeldy Village
Build to Rent, Aberfeldy Village
 
Eco2 - A Sector Perspective
Eco2 - A Sector PerspectiveEco2 - A Sector Perspective
Eco2 - A Sector Perspective
 
The Valhalla Project
The Valhalla ProjectThe Valhalla Project
The Valhalla Project
 
UK CCS Policies, Industrial CCS, Jane Lumb (BIS Department for Business Innov...
UK CCS Policies, Industrial CCS, Jane Lumb (BIS Department for Business Innov...UK CCS Policies, Industrial CCS, Jane Lumb (BIS Department for Business Innov...
UK CCS Policies, Industrial CCS, Jane Lumb (BIS Department for Business Innov...
 
Utility Scale to Domestic Energy Storage
Utility Scale to Domestic Energy StorageUtility Scale to Domestic Energy Storage
Utility Scale to Domestic Energy Storage
 
Chris Stone, Head of Finance at Scotia Gas Networks - A TomTom Case Study.
Chris Stone, Head of Finance at Scotia Gas Networks - A TomTom Case Study.Chris Stone, Head of Finance at Scotia Gas Networks - A TomTom Case Study.
Chris Stone, Head of Finance at Scotia Gas Networks - A TomTom Case Study.
 
Clean power for transport: a European alternative fuels strategy. The role of...
Clean power for transport: a European alternative fuels strategy. The role of...Clean power for transport: a European alternative fuels strategy. The role of...
Clean power for transport: a European alternative fuels strategy. The role of...
 
Statoil - Norwegian German Cooperation in Changing Energy Markets - Anders Ma...
Statoil - Norwegian German Cooperation in Changing Energy Markets - Anders Ma...Statoil - Norwegian German Cooperation in Changing Energy Markets - Anders Ma...
Statoil - Norwegian German Cooperation in Changing Energy Markets - Anders Ma...
 
Fbe manchester energy event nov 2015
Fbe manchester energy event nov 2015Fbe manchester energy event nov 2015
Fbe manchester energy event nov 2015
 
01 Anne Hojer Simonsen Agencia Danesa De La Energia
01 Anne Hojer Simonsen Agencia Danesa De La Energia01 Anne Hojer Simonsen Agencia Danesa De La Energia
01 Anne Hojer Simonsen Agencia Danesa De La Energia
 

Viewers also liked

с новым 2015 годом!
с новым 2015 годом!с новым 2015 годом!
с новым 2015 годом!Lada46
 
Familia de saxofones
Familia de saxofonesFamilia de saxofones
Familia de saxofonesfjhugo
 
Godišnjica rada tuzlanskog tima Prosvjetitelja
Godišnjica rada tuzlanskog tima ProsvjetiteljaGodišnjica rada tuzlanskog tima Prosvjetitelja
Godišnjica rada tuzlanskog tima Prosvjetiteljaprosvjetitelj
 
한국전력 신고 '전기안전신고' 앱 업데이트 개선
한국전력 신고 '전기안전신고' 앱 업데이트 개선한국전력 신고 '전기안전신고' 앱 업데이트 개선
한국전력 신고 '전기안전신고' 앱 업데이트 개선KimDaeho
 
In the Company of Chefs 2000
In the Company of Chefs 2000In the Company of Chefs 2000
In the Company of Chefs 2000Klaus Fix, CCC
 
김대호 포트포리오
김대호 포트포리오 김대호 포트포리오
김대호 포트포리오 KimDaeho
 
Potentiality of protected cultivation in West Bengal
Potentiality of protected cultivation in West BengalPotentiality of protected cultivation in West Bengal
Potentiality of protected cultivation in West BengalSubham Ghosh
 

Viewers also liked (7)

с новым 2015 годом!
с новым 2015 годом!с новым 2015 годом!
с новым 2015 годом!
 
Familia de saxofones
Familia de saxofonesFamilia de saxofones
Familia de saxofones
 
Godišnjica rada tuzlanskog tima Prosvjetitelja
Godišnjica rada tuzlanskog tima ProsvjetiteljaGodišnjica rada tuzlanskog tima Prosvjetitelja
Godišnjica rada tuzlanskog tima Prosvjetitelja
 
한국전력 신고 '전기안전신고' 앱 업데이트 개선
한국전력 신고 '전기안전신고' 앱 업데이트 개선한국전력 신고 '전기안전신고' 앱 업데이트 개선
한국전력 신고 '전기안전신고' 앱 업데이트 개선
 
In the Company of Chefs 2000
In the Company of Chefs 2000In the Company of Chefs 2000
In the Company of Chefs 2000
 
김대호 포트포리오
김대호 포트포리오 김대호 포트포리오
김대호 포트포리오
 
Potentiality of protected cultivation in West Bengal
Potentiality of protected cultivation in West BengalPotentiality of protected cultivation in West Bengal
Potentiality of protected cultivation in West Bengal
 

Similar to HUMBER LEP PRESENETATION FOR 30 JUNE v1 (1)

Delivering Transformation - Place Making in North Lincolnshire
Delivering Transformation - Place Making in North LincolnshireDelivering Transformation - Place Making in North Lincolnshire
Delivering Transformation - Place Making in North LincolnshirePAS_Team
 
2011 07 Aberthaw Coal Fired Power Station – Mark Picton
2011 07 Aberthaw Coal Fired Power Station – Mark Picton 2011 07 Aberthaw Coal Fired Power Station – Mark Picton
2011 07 Aberthaw Coal Fired Power Station – Mark Picton SevernEstuary
 
7 simon brett - port of hull
7   simon brett - port of hull7   simon brett - port of hull
7 simon brett - port of hulljohannaparans
 
Scotland the global home of oil and gas
Scotland the global home of oil and gasScotland the global home of oil and gas
Scotland the global home of oil and gasscottishenterprise
 
CCTN January Meeting Presentation
CCTN January Meeting PresentationCCTN January Meeting Presentation
CCTN January Meeting Presentationholbein21
 
Cheshire Development Update: Philip Cox, Cheshire & Warrington LEP
Cheshire Development Update: Philip Cox, Cheshire & Warrington LEPCheshire Development Update: Philip Cox, Cheshire & Warrington LEP
Cheshire Development Update: Philip Cox, Cheshire & Warrington LEPPlace North West
 
June 2015 ITM Power Company Presentation
June 2015 ITM Power Company PresentationJune 2015 ITM Power Company Presentation
June 2015 ITM Power Company PresentationRebecca Markillie
 
Brian britton greenexpo
Brian britton greenexpoBrian britton greenexpo
Brian britton greenexpoDamian Connon
 
Using the gas network to decarbonise Ireland’s economy – A strategic opportun...
Using the gas network to decarbonise Ireland’s economy – A strategic opportun...Using the gas network to decarbonise Ireland’s economy – A strategic opportun...
Using the gas network to decarbonise Ireland’s economy – A strategic opportun...Ervia
 
Norfolk Chamber Great Yarmouth Presentation
Norfolk Chamber Great Yarmouth PresentationNorfolk Chamber Great Yarmouth Presentation
Norfolk Chamber Great Yarmouth PresentationBryony Smith
 
Biffa plc Capital Markets Day Director of Business presentation
Biffa plc Capital Markets Day Director of Business presentationBiffa plc Capital Markets Day Director of Business presentation
Biffa plc Capital Markets Day Director of Business presentationjessbiffa
 
Invest in Chesterfield - Regeneration event at Markham Vale July 2014
Invest in Chesterfield - Regeneration event at Markham Vale July 2014Invest in Chesterfield - Regeneration event at Markham Vale July 2014
Invest in Chesterfield - Regeneration event at Markham Vale July 2014Dom Stevens
 
ITM Power Company Presentation
ITM Power Company PresentationITM Power Company Presentation
ITM Power Company PresentationRebecca Markillie
 
The Future of the North Sea_FINAL with Page Border
The Future of the North Sea_FINAL with Page BorderThe Future of the North Sea_FINAL with Page Border
The Future of the North Sea_FINAL with Page BorderTim Shingler
 
Forth energy 2nd exhibition banners
Forth energy 2nd exhibition bannersForth energy 2nd exhibition banners
Forth energy 2nd exhibition bannersGreener Leith
 
Case Study: Maximising the Total Value of your Demand-Side Flexibility
Case Study: Maximising the Total Value of your Demand-Side FlexibilityCase Study: Maximising the Total Value of your Demand-Side Flexibility
Case Study: Maximising the Total Value of your Demand-Side FlexibilityEMEX
 
Richards Bay Industrial Development Zone
Richards Bay Industrial Development ZoneRichards Bay Industrial Development Zone
Richards Bay Industrial Development ZoneTristan Wiggill
 
The UKCS Continental Shelf - A Time for Action
The UKCS Continental Shelf - A Time for ActionThe UKCS Continental Shelf - A Time for Action
The UKCS Continental Shelf - A Time for ActionTim Shingler
 

Similar to HUMBER LEP PRESENETATION FOR 30 JUNE v1 (1) (20)

Delivering Transformation - Place Making in North Lincolnshire
Delivering Transformation - Place Making in North LincolnshireDelivering Transformation - Place Making in North Lincolnshire
Delivering Transformation - Place Making in North Lincolnshire
 
2011 07 Aberthaw Coal Fired Power Station – Mark Picton
2011 07 Aberthaw Coal Fired Power Station – Mark Picton 2011 07 Aberthaw Coal Fired Power Station – Mark Picton
2011 07 Aberthaw Coal Fired Power Station – Mark Picton
 
7 simon brett - port of hull
7   simon brett - port of hull7   simon brett - port of hull
7 simon brett - port of hull
 
Scotland the global home of oil and gas
Scotland the global home of oil and gasScotland the global home of oil and gas
Scotland the global home of oil and gas
 
CCTN January Meeting Presentation
CCTN January Meeting PresentationCCTN January Meeting Presentation
CCTN January Meeting Presentation
 
Cheshire Development Update: Philip Cox, Cheshire & Warrington LEP
Cheshire Development Update: Philip Cox, Cheshire & Warrington LEPCheshire Development Update: Philip Cox, Cheshire & Warrington LEP
Cheshire Development Update: Philip Cox, Cheshire & Warrington LEP
 
Introduction to Cofely and Southampton
Introduction to Cofely and SouthamptonIntroduction to Cofely and Southampton
Introduction to Cofely and Southampton
 
June 2015 ITM Power Company Presentation
June 2015 ITM Power Company PresentationJune 2015 ITM Power Company Presentation
June 2015 ITM Power Company Presentation
 
Brian britton greenexpo
Brian britton greenexpoBrian britton greenexpo
Brian britton greenexpo
 
Using the gas network to decarbonise Ireland’s economy – A strategic opportun...
Using the gas network to decarbonise Ireland’s economy – A strategic opportun...Using the gas network to decarbonise Ireland’s economy – A strategic opportun...
Using the gas network to decarbonise Ireland’s economy – A strategic opportun...
 
Norfolk Chamber Great Yarmouth Presentation
Norfolk Chamber Great Yarmouth PresentationNorfolk Chamber Great Yarmouth Presentation
Norfolk Chamber Great Yarmouth Presentation
 
Biffa plc Capital Markets Day Director of Business presentation
Biffa plc Capital Markets Day Director of Business presentationBiffa plc Capital Markets Day Director of Business presentation
Biffa plc Capital Markets Day Director of Business presentation
 
Invest in Chesterfield - Regeneration event at Markham Vale July 2014
Invest in Chesterfield - Regeneration event at Markham Vale July 2014Invest in Chesterfield - Regeneration event at Markham Vale July 2014
Invest in Chesterfield - Regeneration event at Markham Vale July 2014
 
ITM Power Company Presentation
ITM Power Company PresentationITM Power Company Presentation
ITM Power Company Presentation
 
The Future of the North Sea_FINAL with Page Border
The Future of the North Sea_FINAL with Page BorderThe Future of the North Sea_FINAL with Page Border
The Future of the North Sea_FINAL with Page Border
 
Forth energy 2nd exhibition banners
Forth energy 2nd exhibition bannersForth energy 2nd exhibition banners
Forth energy 2nd exhibition banners
 
Case Study: Maximising the Total Value of your Demand-Side Flexibility
Case Study: Maximising the Total Value of your Demand-Side FlexibilityCase Study: Maximising the Total Value of your Demand-Side Flexibility
Case Study: Maximising the Total Value of your Demand-Side Flexibility
 
Richards Bay Industrial Development Zone
Richards Bay Industrial Development ZoneRichards Bay Industrial Development Zone
Richards Bay Industrial Development Zone
 
The UKCS Continental Shelf - A Time for Action
The UKCS Continental Shelf - A Time for ActionThe UKCS Continental Shelf - A Time for Action
The UKCS Continental Shelf - A Time for Action
 
Olivia Errey - FEED Secondments - Annual ECR Meeting London 23rd June 2015
Olivia Errey - FEED Secondments - Annual ECR Meeting London 23rd June 2015Olivia Errey - FEED Secondments - Annual ECR Meeting London 23rd June 2015
Olivia Errey - FEED Secondments - Annual ECR Meeting London 23rd June 2015
 

HUMBER LEP PRESENETATION FOR 30 JUNE v1 (1)

  • 1. Paul Litten Investment and Regulation Board Member Humber LEP Humber LEP
  • 3. • Population – 921,000 (2012) • Economically active – 451,500 (June 2013) • Businesses – 32,500 (June 2013) • Majority SME’s • Businesses exporting – 12% (2012) • GVA - £14billion per annum, • Unemployment 7.2% (March 2015) Core Stats
  • 4. Humber LEP – KEY ACHIEVEMENTS • Supported over 200 businesses • Created 2,200 new jobs • 1000 businesses supported to improve skills • 5000 people trained in businesses • Gold Standard – CEIAG (Careers) • 300 Businesses signed to Skills Pledge
  • 5. • 20% of UK’s Natural gas • 27% of UK’s Refining capacity • 1/3 of UK’s Coal imported provide 17% of UK’s Electricity • BIO mass • Expertise in Energy Production, Storage and Handling. Humber Energy Estuary
  • 6. Humber Enterprise Zone At 484 hectares, equivalent to 780 football pitches, the Humber has the largest Enterprise Zone in the country offering renewables sector Original Equipment Manufacturers (OEMs) and their supply chains the opportunity to co-locate to make cost reductions on a major scale.
  • 7. Job Creation The Zone’s ambition is to create 1995 direct jobs, and 1190 indirect in the next five years. By 2023 between 3500 and 8500 new jobs could be created in the region as a result of offshore wind opportunities. To March 2015, 167 employment positions and 108 construction jobs have been created on the Humber Enterprise Zone.
  • 8. Top 3 Reasons to Invest • The largest Enterprise Zone in the UK, offering original equipment manufacturers and their supply chains the opportunity to co-locate. • Ideally positioned for the manufacture, assembly and dispatch of turbines, with 3 of the UK’s largest North Sea wind turbine zones within easy reach. • The Port of Grimsby is the closest major port to the network of wind farms off England’s east coast, and an important operations and maintenance centre.
  • 10. Incentive Site name Size (ha) Enhanced Capital Allowances Green Port Hull 58 Queen Elizabeth Dock South 20.33 Able Marine Energy Park 225.9 Total 303 Discounted Business Rates Able Marine Energy Park 25.0 Keystore 0.67 Kingston Parklands 4.03 Burma Drive 3.98 Marfleet Environmental Technology Park 2.69 Elba Street 1.94 Valletta Street 3.24 Rix & Kingston International Business Park 8.13 Total 49.68 Humber Renewable Energy Super Cluster EZ
  • 11. Available Incentives • Up to 100% business rate discount worth up to £275,000 per business over a 5 year period, for businesses relocating before March 2018 • Simplified local authority planning, for example, through Local Development Orders • 100% enhanced capital allowances (tax relief) to businesses making large investments in plant and machinery on investment made before March 2020
  • 12. Business Rates Retention • All business rates growth generated by the Enterprise Zone is kept by the relevant local enterprise partnership and local authorities in the areas for 25 years to reinvest in local economic growth • Potentially over £200m in revenue under optimum conditions over the 25 life span
  • 15. Humber Bridgehead – Phases 1 and 2
  • 17. The Humber 17 Key assets include: • Close to offshore wind farms • Deep water estuary and large ports • Development land close to shore • Pre-existing infrastructure • Good communication routes • Incentives for development
  • 18. Key Locations for Developments in the Humber 18
  • 19. Hull 19 • Greenport, Hull – ABP & Siemens • £315m investment • 1,100 direct jobs • Assembly, Installation base and blade manufacture
  • 20. Key Locations for Developments in the Humber 20
  • 21. Able Marine Energy Park 21 • 1.3km heavy lift quay • Quay width 28m • 2,135 acre land holding • Berthing pocket 60m wide • Quays and large land bank allow wind cluster and share services...reducing cost • £450m investment • Up to 4,100 new direct jobs
  • 22. Key Locations for Developments in the Humber 22
  • 23. Grimsby • Operations and Maintenance cluster developing • In the order of 400 direct jobs already created. Est. total 1,100 • Around £20m investment so far and in direct pipeline. More to come.
  • 24. Humber LEP Contacts Website: www.humberlep.co.uk Twitter: @humberlep Email: info@humberlep.org Telephone: 01482 485260