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
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
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
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.