The document discusses support for businesses in Northamptonshire from the Northamptonshire Local Enterprise Partnership (LEP). Some key points: - The LEP aims to create jobs, growth, and prosperity in the region by supporting enterprise and entrepreneurship, developing skills, securing investment, and promoting infrastructure. - To date the LEP has helped create 1,500 jobs, attract 21 inward investments, start 86 new businesses, and support 1,500 local companies and 500 individuals through training programs. - The LEP provides various support programs for small and medium enterprises, including funding, business space, recruitment assistance, and startup support through libraries and training.

2. Northamptonshire loves
supporting business
• Introducing Northamptonshire LEP
• Supporting business
• Working with Northamptonshire Library
service

3. Primary Purpose
• Jobs
• Growth
• Prosperity
The place for enterprise

4. Key Themes
• Supporting enterprise and entrepreneurship
• Developing skills and improving employability
• Securing European and international investment
• Investing in Infrastructure and the environment
• Promoting Northamptonshire

5. Results to date…
• 1500 jobs created with NEP support
• 21 inward investments
• 86 new businesses started
• 500 individuals supported through pre-start
programmes
• 1500 local businesses supported
• £7.7M private leverage; £6M public leverage

6. Result !

7. SME stats
• 97% of Northamptonshire businesses are
SMEs
• 80% of Northamptonshire business employ
less than 10 people
• Over 3 million self-employed ‘one man bands’
in the UK
– If each of those employed just one person???
• Vital to support and nurture.

8. Supporting existing business
• Relocation to Northamptonshire
• Key sector support
• Business parks
• Funding
• Recruitment support

9. INV-ENT case study
What
• Stimulate innovation &
growth
• Enable job creation
How
• Business rate “rebate”
• Grants of up to £20,000
• 2 funding rounds per year

10. Spraylat International Ltd, Corby
Developing a new,
green product for
aerospace industry
“INV-ENT funding will
enable us to invest in
new equipment to
manufacture the
product and to launch
in the UK, Europe and
internationally.”

11. Job brokerage case study
What
• Address recruitment needs
of growing companies
• Tackle youth unemployment
How
• Single point of contact
• Tailored recruitment
solutions
• Discuss funding available
• Make contact with training
providers
• Advertise job vacancies
• Matching and screening

12. Physio First, Northampton

13. Business growth cycle
Maturity
Growth
Start-Up

14. What support do people need when
starting a business?
• Funding
• Legal guidance
• Managing money
• Marketing
• Someone to talk to!!!

15. Working with Northamptonshire
Libraries
• Identify common goals
• Pool resources
• Training
• Start small
• Learn and grow

16. Start-up support

17. Feedback so far …
• “A good service and it was free!”
• “Fantastic insight; now know how to get started,
has eliminated some fears. Thank you!”
• Friendly and informative
• Excellent facility for people to start a new
business
• I found this really useful, informative and
motivational
• Many thanks for a great session! (and the
biscuits!)

18. LEPs: the future
• Heseltine Review
• Witty Review
• Spending Review
• Single Pot for Growth
• EU funding
... Opportunities for partnership working.

19. We’d love to hear from you!
fiona.ozdemir@northamptonshireep.co.uk