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Boosting Local Enterprise




     6th December 2012
Session 2 – Business Advice
 Lucy Haynes
  – CBI East Midlands
 Maxine Aldred
  – Federation of Small Businesses
 Sue Tilley
  – Leicester and Leicestershire Economic Partnership
How the CBI is supporting
                  Regional Growth



Lucy Haynes
Director, CBI East Midlands


6 December 2012
The UK’s premier business organisation
providing a voice for employers

Membership                                                       A selection of our members
• The CBI is the UK’s premier business lobbying organisation
  providing a voice for employers

• The UK’s leading business organisation speaking for some
  240,000 businesses -together employing around a third of
  the private sector workforce

• Membership comprises the majority of the FTSE 100 & UK’s
  major employers;

• Including mid-caps; SMEs; privately owned businesses and
  trade associations

• The CBI speaks for all sectors - agriculture, automotive,
  aerospace, construction, creative, financial services, IT,
  manufacturing, professional services, retail, transport,
  tourism, utilities…..

• Our mission is to promote the conditions in which businesses
  of all size and sectors can compete and prosper for the
  benefit of all
We lobby on behalf of business
Lobbying
•   Our lobbying and campaigning keeps business interests at the
    heart of policy in Westminster, the devolved administrations and
    internationally
•   Unrivalled access - our senior team meets regularly with key
    Ministers, policymakers, legislators and regulators
•   CBI President Sir Roger Carr sits on Prime Minister’s Business
    Advisory Group
•   Supported by an advisory team of 90 economic and policy
    specialists

Policy Formulation
•   Our policy work is driven by a robust consultation process with
    our members
•   Policy is determined locally via twelve regional councils
•   And driven nationally via specific working groups, committees
    and task forces

Intelligence
•   Market data, forecasts and analysis from CBI surveys
•   Influential thought leadership reports
•   Strategic foresight – Intelligence First products help you manage
    the impact of legislative changes on your business in advance       The CBI is ranked the most assiduous corporate
                                                                           lobbyist with no fewer than 75 ministerial
Business Networks                                                                meetings ahead of TUC (45)
•   Networking, profiling & best practice exchange                      Source: Evening Standard & Public Affairs News
                                                                                           Magazine                    3
•   Regional and national events
Key priorities for the East Midlands


   Improving                 •     Making the most of the region’s connection
                                   to the capital
  inter-regional
                             •     Improving connections between the East
    connectivity                   and West Midlands
                             •     Potential to improve digital infrastructure


 Governing a             •       Despite multi-polar nature of the region, there
    unique,                      is still potential for powers and resourced to
  challenging                    be devolved
  geography


                         •       The East Midlands generates more
 Profiling the                   manufacturing output and has more
    role of                      manufacturing jobs relative to the size of the
 manufacturing                   population than any other region of the UK

                                                                                   4
Promoting growth in all regions
 Our Objectives
 •   Provide thought-leadership on the issue of spatial
     rebalancing.

 •   Promote a better understanding of the supply side
     constraints to growth in the UK’s regions.

 •   Ensure the government’s local economic development
     policies reflect the varying economic circumstances
     across the country and concentrate on removing
     barriers to growth.

 •   Bringing a private sector voice to the spatial
     rebalancing debate.

 •   Influencing government policy around Local
     Enterprise Partnerships, Enterprise Zones, City Deals
     and the Regional Growth Fund.

 •   Improving coordination of policy from the local, to the
     sub-regional to the national level – and ensuring
     nothing gets lost in between.

                                                               5
Support for Business

                                      Campaign
                                     for Medium
                                        Sized
                                     Businesses




                                                   Profiling
                                    Support for    business
                       Supporting
                         SMEs       businesses      in the
                                    of all sizes     East
                                                   Midlands




                                     Removing
                                        the
                                     obstacles
                                     to growth
                                                               6
Get in touch



Lucy Haynes
CBI East Midlands

E:   lucy.haynes@cbi.org.uk
T:    0115 852 3151
M:    07949 609 888




                              Visit the website
                               www.cbi.org.uk




                                                  7
Session 2 – Business Advice
 Lucy Haynes
  – CBI East Midlands
 Maxine Aldred
  – Federation of Small Businesses
 Sue Tilley
  – Leicester and Leicestershire Economic Partnership
Federation of Small Businesses

Supporting local Entrepreneurs
Are you an entrepreneur?
                  Entrepreneurs have good
                  business ideas and take risks
                  to put them into practice.

                  Entrepreneurs start and grow
                  their business with passion
                  and determination.

                  Being an entrepreneur
                  transcends gender, age, class
                  and every other social divide.
                  Anyone, if they invest their
                  mind and money into it, can
                  be an entrepreneur.

                  It’s you!! All our members
                  are business owners and
                  entrepreneurs.
FSB Legal Benefits Package
•   Access to legal advice from qualified lawyers 24/7 365 days a year

•   Tax advice from Revenue trained specialists

•   Information and documentation on employment law, tax and commercial law
    through the FSB’s members-only website: www.fsblegalinfo.org.uk

•   Insurance cover for legal and tax professional fees and statutory awards in the
    event of an employment dispute, aspect enquiry or full tax enquiry
Bank for Free with FSB Business Banking
•     No fees to pay for standard non-cash transactions such as Direct Debits,
      standing orders and automated credits
•     You can pay in as many cheques as you like and deposit up to £4,000 in cash per
      month, all for free interest is paid on your entire credit balance
•     There's a dedicated team in place to help you transfer accounts
•     What's more, we will give you an annual £25 loyalty bonus just for banking with
      us!

•     The benefits don't stop there - once you have made the switch you can also
      apply for a fee-free overdraft facility, a fee-free FSB Business charge card and
      Business loans from £2,000 to £25,000.
* Terms and conditions apply
FSB Merchant Services
    • Automated Credits – Less cash to handle and bank
    • Increase your average customer spend and increase the
      amount of impulse purchases
    • Extra customers
In addition to these benefits, FSB members also receive:
   •   Free account set up
   •   Reduced terminal rental
   •   Competitive credit & debit card processing rates
   •   Discounted fully secure eCommerce payment pages for trading over the
       internet
FSB Mobile Card Payment Terminal
     Completely wireless solution to process secure credit and debit card
     transactions without the need or expense of fixed telephone lines.
              •All major credit & debit cards accepted – *WHEREVER YOU ARE!
•Our mobile terminals work using the GPRS mobile networks, processing real-time transactions
within 3-5 seconds, without any additional line call charges. Lightweight, easy to use and
completely mobile, our GPRS mobile terminals are fully Chip and PIN compliant, delivering
members the ultimate protection against fraudulent cards.
          123 Send offer a range of options to suit your individual business needs:
•Purchase: For members who prefer to own their businesses' equipment
•Long Term: Keep your monthly costs to a minimum with a fixed, market leading monthly rate
•Mid Term: Busier during certain times of the year? – 123 Send offer a unique mid term hire option
with a minimum 3 month contract.
•Short Term: Perfect for any event! Perhaps you are going to a show or exhibition, or putting on an
end of year sale?
FSB Insurance Service
Here are just some of the advantages you might experience:

•   Register free by calling the Helpline number on 0845 7626158

•   Full range of commercial and personal insurance products

•   Market leading Credit Management and Credit Checking Service

•   Your own independent loss adjuster to help with bigger claims

•   Unlimited free expert advice
FSB Independent Financial Services
Here are just some of the advantages you might experience:

•   Sound, unbiased advice on investments, savings and income protection, across the entire
    financial services market place.

•   NO OBLIGATION FINANCIAL HEALTH CHECK WORTH £250

      NEW LAWS - From Oct 2012 new laws introduced on pensions!
                    You may have no choice …….


     Talk to FSB IFS to find out about how they can help you
FSB Pension Scheme
Got staff? Got a Pension Scheme? From 2012, it’s the Law!
Between 2012 and 2016 ALL employers will need to:
• Have registered a pension scheme
• Auto enrolled ALL eligible staff into it
• Pay contributions into it
 You could wait until you HAVE to do it or plan ahead NOW!

                        Don’t worry – the FSB can help.....


     Talk to FSB IFS to find out about how they can help you
FSB Care
As a right of membership, this will give you:

•   access to your own personal nurse adviser who will be there for you to provide
    practical information and emotional support for as long as you need it.

•   Your personal nurse adviser can arrange:

•   a Home Visit by a specialist nurse to answer your questions, allay fears, and help
    identify issues you should raise when you next see your consultant,

•   OR, if more helpful to your situation, arrange

•   a course of therapy, including physio, occupational, speech or complementary,
    depending on your needs,

•    OR, if more appropriate in your circumstances , a course of specialist counselling.
•   You will also have access to a network of specialist charities and self-help groups if
    these will help.
FSB Print & Mail
FSB members can now benefit from a new mail service, which not only makes it
  easier for you to keep in contact with your customers, it saves you time and
                                   money too.

• Significant cost savings (price is less than the cost of a stamp), no printing, no toner
  cost or franking machine rental required
• Time savings – no printing and hand enclosing of envelopes, create your own
  mailing anytime and from anywhere
• Inventory saving - cost and space
• Security – Send your post with peace of mind with secure data transfer
• You retain full control!

 FSB Print and Mail is a new generation of mail service which allows
 members to compile and send post direct from their desktop - from
  just one individual letter or invoice, to regular, branded, marketed
 mailings. You compile the letter on your PC; upload online and then
        FSB Print and Mail prints and posts it on your behalf.
FSB Data Services
Established in 1972, Market Location is the market leading
               business data supplier in the UK

 As a member of the FSB you can benefit from obtaining
accurate information on businesses for your own marketing
   campaigns at beneficial rates using FSB Business Data
Other Benefits available to FSB
         Members
    • FSB Telecom

    • FSB Fuel Car Programme

    • FSB Factors

    • FSB Office Solutions
FSB National Conference comes to
  Leicester 21-23rd March 2013
     700 small businesses
      Headline politicians
     Motivational speakers
          Exhibition
FSB/Streamline Launch National
           Awards
  The FSB Streamline UK Business
 Awards celebrates the successes of
  the UK's small to medium sized
       business community.
Local Campaigning
Working with LEPs across our region
    Small Business Rate Relief
       Public Procurement
        Keep Trade Local
    Local Authority Meetings
         Business Crime
Events throughout
     Leicestershire/Northants/Rutland

Business Breakfast Meetings/Lunch Events
       Evening Networking Events
   Sporting events – Golf Days/Karting
  County Shows around the 3 counties
           Business Exhibitions
Did you know that FSB
         membership
starts from as little as £120?
For more information telephone
         0116 2597 707
   Maxine.aldred@fsb.org.uk

www.fsb.org.uk/leics-northants-rutland
Session 2 – Business Advice
 Lucy Haynes
  – CBI East Midlands
 Maxine Aldred
  – Federation of Small Businesses
 Sue Tilley
  – Leicester and Leicestershire Economic Partnership
HUB:BLE
6th December 2012
     Sue Tilley
       LLEP
Background to LLEP

•LEPs introduced by Government through
the Localism Act

•LLEP is one of 39 national LEPs formally
recognised by HM Government

•Partnership between business, local
authorities, HE and FE and voluntary sectors
Role of LLEP
To lead economic growth in Leicester &
Leicestershire by:
Engaging with business, local authorities, HE, FE
and the voluntary sector
Influencing national Government economic policy
and spend including national contracts
Facilitating local partnership working and relations
with national Government
Investing discrete LLEP funding and partner
resources to achieve economic growth
Economic Growth Plan

District and City Council                                                            Private Sector
       Leadership                                                                     Leadership




                            Area Based Priorities        Sector Growth Priorities




                                            LLEP Area Priorities


                                                                         City and County Council
                                                                                Leadership
Ambition

By 2020 we will:


• Create 25,000 private sector jobs

• Attract £2b private sector investment

• Increase GVA by £4b to £23b
Strategic priorities

                 Match skills supply with demand



    Increase availability of employment land and infrastructure



            Support enterprise growth and investment



           Match available capital to enterprise growth
Match Skills Supply with Demand


Priorities

1. Improve engagement between employers and training providers


2. Increase number and flexibility of work placements, apprenticeships internships


3. Improve careers advice from schools through to FE and HE


4. Address worklessness by raising ambition and employability skills
Increase Availability of Employment
Land & Infrastructure

Priorities

1. Increase availability of ‘fit for purpose’ high quality employment land and
   premises

2. Ensure transport infrastructure supports future economic growth

3. Promote need for high quality digital infrastructure

4. Increase provision of quality housing to support economic growth
Promote Enterprise Growth and
 Investment

Priorities

1.   Provide effective business support to assist enterprises to start and grow

2.   Support innovation and technologies for new processes and product
     development

3.   Attract foreign and domestic inward investment

4.   Simplify business regulation through the Better Business for All Project

5.   Support local SMEs to procure public and private sector contracts
Achievements to date

• Significant private sector
  engagement
• Inward Investment
  working with UKTI
• Better Business for all
  national pilot
• Development of the
  Employment and Skills
  plan
Achievements to date

• £19m Successful EZ bid for MIRA Technology Park

• £27m RGF secured
 through rounds 1 and 2

• £400k secured for
   LEP start up fund,
   Capacity fund,
   Growth transition fund
Achievements to date

• £14m Growing Places fund
  secured

• Revolving loan fund which
  re-cycled over 2 year period

• Currently 5 loans of £4.5m
  have been granted with a
  further £8m on offer
Latest News !

• Successful bid into a national government
programme ‘Regional Growth fund’ round 3

• £8 million LLEP SME Growth Fund

• Will provide 25% Capital investment grants

• Minimum grant funding £25k up to £150k
to businesses in the manufacturing sector

• Will create 312 direct and 936 indirect jobs

• Looking for Expressions of Interest now

• Launching in 2013
Thank you

•   Contact Sue Tilley
•   Sue.tilley@llep.org.uk
•   07880745876
•   01162 2528636
•   www.llep.org.uk
www.spaceideashub.com
   enquiries@spaceideashub.com
           0116 229 7700




Follow us on      @spaceideashub

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Hubble session 2 business advice

  • 1. Boosting Local Enterprise 6th December 2012
  • 2. Session 2 – Business Advice Lucy Haynes – CBI East Midlands Maxine Aldred – Federation of Small Businesses Sue Tilley – Leicester and Leicestershire Economic Partnership
  • 3. How the CBI is supporting Regional Growth Lucy Haynes Director, CBI East Midlands 6 December 2012
  • 4. The UK’s premier business organisation providing a voice for employers Membership A selection of our members • The CBI is the UK’s premier business lobbying organisation providing a voice for employers • The UK’s leading business organisation speaking for some 240,000 businesses -together employing around a third of the private sector workforce • Membership comprises the majority of the FTSE 100 & UK’s major employers; • Including mid-caps; SMEs; privately owned businesses and trade associations • The CBI speaks for all sectors - agriculture, automotive, aerospace, construction, creative, financial services, IT, manufacturing, professional services, retail, transport, tourism, utilities….. • Our mission is to promote the conditions in which businesses of all size and sectors can compete and prosper for the benefit of all
  • 5. We lobby on behalf of business Lobbying • Our lobbying and campaigning keeps business interests at the heart of policy in Westminster, the devolved administrations and internationally • Unrivalled access - our senior team meets regularly with key Ministers, policymakers, legislators and regulators • CBI President Sir Roger Carr sits on Prime Minister’s Business Advisory Group • Supported by an advisory team of 90 economic and policy specialists Policy Formulation • Our policy work is driven by a robust consultation process with our members • Policy is determined locally via twelve regional councils • And driven nationally via specific working groups, committees and task forces Intelligence • Market data, forecasts and analysis from CBI surveys • Influential thought leadership reports • Strategic foresight – Intelligence First products help you manage the impact of legislative changes on your business in advance The CBI is ranked the most assiduous corporate lobbyist with no fewer than 75 ministerial Business Networks meetings ahead of TUC (45) • Networking, profiling & best practice exchange Source: Evening Standard & Public Affairs News Magazine 3 • Regional and national events
  • 6. Key priorities for the East Midlands Improving • Making the most of the region’s connection to the capital inter-regional • Improving connections between the East connectivity and West Midlands • Potential to improve digital infrastructure Governing a • Despite multi-polar nature of the region, there unique, is still potential for powers and resourced to challenging be devolved geography • The East Midlands generates more Profiling the manufacturing output and has more role of manufacturing jobs relative to the size of the manufacturing population than any other region of the UK 4
  • 7. Promoting growth in all regions Our Objectives • Provide thought-leadership on the issue of spatial rebalancing. • Promote a better understanding of the supply side constraints to growth in the UK’s regions. • Ensure the government’s local economic development policies reflect the varying economic circumstances across the country and concentrate on removing barriers to growth. • Bringing a private sector voice to the spatial rebalancing debate. • Influencing government policy around Local Enterprise Partnerships, Enterprise Zones, City Deals and the Regional Growth Fund. • Improving coordination of policy from the local, to the sub-regional to the national level – and ensuring nothing gets lost in between. 5
  • 8. Support for Business Campaign for Medium Sized Businesses Profiling Support for business Supporting SMEs businesses in the of all sizes East Midlands Removing the obstacles to growth 6
  • 9. Get in touch Lucy Haynes CBI East Midlands E: lucy.haynes@cbi.org.uk T: 0115 852 3151 M: 07949 609 888 Visit the website www.cbi.org.uk 7
  • 10. Session 2 – Business Advice Lucy Haynes – CBI East Midlands Maxine Aldred – Federation of Small Businesses Sue Tilley – Leicester and Leicestershire Economic Partnership
  • 11. Federation of Small Businesses Supporting local Entrepreneurs
  • 12.
  • 13. Are you an entrepreneur? Entrepreneurs have good business ideas and take risks to put them into practice. Entrepreneurs start and grow their business with passion and determination. Being an entrepreneur transcends gender, age, class and every other social divide. Anyone, if they invest their mind and money into it, can be an entrepreneur. It’s you!! All our members are business owners and entrepreneurs.
  • 14.
  • 15.
  • 16. FSB Legal Benefits Package • Access to legal advice from qualified lawyers 24/7 365 days a year • Tax advice from Revenue trained specialists • Information and documentation on employment law, tax and commercial law through the FSB’s members-only website: www.fsblegalinfo.org.uk • Insurance cover for legal and tax professional fees and statutory awards in the event of an employment dispute, aspect enquiry or full tax enquiry
  • 17. Bank for Free with FSB Business Banking • No fees to pay for standard non-cash transactions such as Direct Debits, standing orders and automated credits • You can pay in as many cheques as you like and deposit up to £4,000 in cash per month, all for free interest is paid on your entire credit balance • There's a dedicated team in place to help you transfer accounts • What's more, we will give you an annual £25 loyalty bonus just for banking with us! • The benefits don't stop there - once you have made the switch you can also apply for a fee-free overdraft facility, a fee-free FSB Business charge card and Business loans from £2,000 to £25,000. * Terms and conditions apply
  • 18. FSB Merchant Services • Automated Credits – Less cash to handle and bank • Increase your average customer spend and increase the amount of impulse purchases • Extra customers In addition to these benefits, FSB members also receive: • Free account set up • Reduced terminal rental • Competitive credit & debit card processing rates • Discounted fully secure eCommerce payment pages for trading over the internet
  • 19. FSB Mobile Card Payment Terminal Completely wireless solution to process secure credit and debit card transactions without the need or expense of fixed telephone lines. •All major credit & debit cards accepted – *WHEREVER YOU ARE! •Our mobile terminals work using the GPRS mobile networks, processing real-time transactions within 3-5 seconds, without any additional line call charges. Lightweight, easy to use and completely mobile, our GPRS mobile terminals are fully Chip and PIN compliant, delivering members the ultimate protection against fraudulent cards. 123 Send offer a range of options to suit your individual business needs: •Purchase: For members who prefer to own their businesses' equipment •Long Term: Keep your monthly costs to a minimum with a fixed, market leading monthly rate •Mid Term: Busier during certain times of the year? – 123 Send offer a unique mid term hire option with a minimum 3 month contract. •Short Term: Perfect for any event! Perhaps you are going to a show or exhibition, or putting on an end of year sale?
  • 20. FSB Insurance Service Here are just some of the advantages you might experience: • Register free by calling the Helpline number on 0845 7626158 • Full range of commercial and personal insurance products • Market leading Credit Management and Credit Checking Service • Your own independent loss adjuster to help with bigger claims • Unlimited free expert advice
  • 21. FSB Independent Financial Services Here are just some of the advantages you might experience: • Sound, unbiased advice on investments, savings and income protection, across the entire financial services market place. • NO OBLIGATION FINANCIAL HEALTH CHECK WORTH £250 NEW LAWS - From Oct 2012 new laws introduced on pensions! You may have no choice ……. Talk to FSB IFS to find out about how they can help you
  • 22. FSB Pension Scheme Got staff? Got a Pension Scheme? From 2012, it’s the Law! Between 2012 and 2016 ALL employers will need to: • Have registered a pension scheme • Auto enrolled ALL eligible staff into it • Pay contributions into it You could wait until you HAVE to do it or plan ahead NOW! Don’t worry – the FSB can help..... Talk to FSB IFS to find out about how they can help you
  • 23. FSB Care As a right of membership, this will give you: • access to your own personal nurse adviser who will be there for you to provide practical information and emotional support for as long as you need it. • Your personal nurse adviser can arrange: • a Home Visit by a specialist nurse to answer your questions, allay fears, and help identify issues you should raise when you next see your consultant, • OR, if more helpful to your situation, arrange • a course of therapy, including physio, occupational, speech or complementary, depending on your needs, • OR, if more appropriate in your circumstances , a course of specialist counselling. • You will also have access to a network of specialist charities and self-help groups if these will help.
  • 24. FSB Print & Mail FSB members can now benefit from a new mail service, which not only makes it easier for you to keep in contact with your customers, it saves you time and money too. • Significant cost savings (price is less than the cost of a stamp), no printing, no toner cost or franking machine rental required • Time savings – no printing and hand enclosing of envelopes, create your own mailing anytime and from anywhere • Inventory saving - cost and space • Security – Send your post with peace of mind with secure data transfer • You retain full control! FSB Print and Mail is a new generation of mail service which allows members to compile and send post direct from their desktop - from just one individual letter or invoice, to regular, branded, marketed mailings. You compile the letter on your PC; upload online and then FSB Print and Mail prints and posts it on your behalf.
  • 25. FSB Data Services Established in 1972, Market Location is the market leading business data supplier in the UK As a member of the FSB you can benefit from obtaining accurate information on businesses for your own marketing campaigns at beneficial rates using FSB Business Data
  • 26. Other Benefits available to FSB Members • FSB Telecom • FSB Fuel Car Programme • FSB Factors • FSB Office Solutions
  • 27. FSB National Conference comes to Leicester 21-23rd March 2013 700 small businesses Headline politicians Motivational speakers Exhibition
  • 28. FSB/Streamline Launch National Awards The FSB Streamline UK Business Awards celebrates the successes of the UK's small to medium sized business community.
  • 29. Local Campaigning Working with LEPs across our region Small Business Rate Relief Public Procurement Keep Trade Local Local Authority Meetings Business Crime
  • 30. Events throughout Leicestershire/Northants/Rutland Business Breakfast Meetings/Lunch Events Evening Networking Events Sporting events – Golf Days/Karting County Shows around the 3 counties Business Exhibitions
  • 31. Did you know that FSB membership starts from as little as £120?
  • 32. For more information telephone 0116 2597 707 Maxine.aldred@fsb.org.uk www.fsb.org.uk/leics-northants-rutland
  • 33. Session 2 – Business Advice Lucy Haynes – CBI East Midlands Maxine Aldred – Federation of Small Businesses Sue Tilley – Leicester and Leicestershire Economic Partnership
  • 34. HUB:BLE 6th December 2012 Sue Tilley LLEP
  • 35.
  • 36. Background to LLEP •LEPs introduced by Government through the Localism Act •LLEP is one of 39 national LEPs formally recognised by HM Government •Partnership between business, local authorities, HE and FE and voluntary sectors
  • 37. Role of LLEP To lead economic growth in Leicester & Leicestershire by: Engaging with business, local authorities, HE, FE and the voluntary sector Influencing national Government economic policy and spend including national contracts Facilitating local partnership working and relations with national Government Investing discrete LLEP funding and partner resources to achieve economic growth
  • 38. Economic Growth Plan District and City Council Private Sector Leadership Leadership Area Based Priorities Sector Growth Priorities LLEP Area Priorities City and County Council Leadership
  • 39. Ambition By 2020 we will: • Create 25,000 private sector jobs • Attract £2b private sector investment • Increase GVA by £4b to £23b
  • 40. Strategic priorities Match skills supply with demand Increase availability of employment land and infrastructure Support enterprise growth and investment Match available capital to enterprise growth
  • 41. Match Skills Supply with Demand Priorities 1. Improve engagement between employers and training providers 2. Increase number and flexibility of work placements, apprenticeships internships 3. Improve careers advice from schools through to FE and HE 4. Address worklessness by raising ambition and employability skills
  • 42. Increase Availability of Employment Land & Infrastructure Priorities 1. Increase availability of ‘fit for purpose’ high quality employment land and premises 2. Ensure transport infrastructure supports future economic growth 3. Promote need for high quality digital infrastructure 4. Increase provision of quality housing to support economic growth
  • 43. Promote Enterprise Growth and Investment Priorities 1. Provide effective business support to assist enterprises to start and grow 2. Support innovation and technologies for new processes and product development 3. Attract foreign and domestic inward investment 4. Simplify business regulation through the Better Business for All Project 5. Support local SMEs to procure public and private sector contracts
  • 44. Achievements to date • Significant private sector engagement • Inward Investment working with UKTI • Better Business for all national pilot • Development of the Employment and Skills plan
  • 45. Achievements to date • £19m Successful EZ bid for MIRA Technology Park • £27m RGF secured through rounds 1 and 2 • £400k secured for LEP start up fund, Capacity fund, Growth transition fund
  • 46. Achievements to date • £14m Growing Places fund secured • Revolving loan fund which re-cycled over 2 year period • Currently 5 loans of £4.5m have been granted with a further £8m on offer
  • 47. Latest News ! • Successful bid into a national government programme ‘Regional Growth fund’ round 3 • £8 million LLEP SME Growth Fund • Will provide 25% Capital investment grants • Minimum grant funding £25k up to £150k to businesses in the manufacturing sector • Will create 312 direct and 936 indirect jobs • Looking for Expressions of Interest now • Launching in 2013
  • 48. Thank you • Contact Sue Tilley • Sue.tilley@llep.org.uk • 07880745876 • 01162 2528636 • www.llep.org.uk
  • 49. www.spaceideashub.com enquiries@spaceideashub.com 0116 229 7700 Follow us on @spaceideashub