City Region’s LEP Publishes New Business Plan

Posted 6th July 2012
 
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Private Sector key to Accelerate Growth through New Investment and Job Creation

Liverpool City Region LEP today (Monday 9th July) publishes its first Business Plan setting out priorities and actions to accelerate growth across the area’s economy.

The plan builds on the region’s Key Sector Growth Strategy focussing on existing strengths and assets identified for their potential to attract new investment generating new opportunities and additional growth.

Liverpool City Region LEP has the highest level of private sector engagement of any LEP in the country. Many of its 450 existing Members, and other Partners, attended a major Stakeholder Event at ACC Liverpool today to launch the Business Plan.

LEP Chair Robert Hough told delegates: “No other LEP can boast the private sector- led influence that our 450 Members offer. It is with this strength that we can look to expand and grow our economy, confident that what we do continues to have the private sector at its heart.”

He added: “We will continue to deliver in our key growth areas of SuperPort, Low Carbon, the Visitor Economy and the Knowledge Economy, but with a renewed focus on where the added value can be found. This Business Plan focuses on that core delivery work and also the new responsibilities we have as a LEP to drive forward City Region growth and job creation.”

A copy of the Business Plan, together with Robert Hough’s address to delegates, is attached. Action Plans setting out the key sectors’ potential to create 100,000 new jobs by 2020 can also be downloaded at www.liverpoollep.org

Today’s Stakeholder Event featured a range of guest speakers including: Alice Webb (Chief Operating Officer, BBC North); David Frost (Chair, The LEP Network); Andy Bounds (Northern Correspondent, the Financial Times) together with LEP Board Members (see Note to Editors). The event was chaired by North West business and political commentator Jim Hancock.

Since its creation in March this year, the Liverpool City Region LEP has delivered a range of activities to drive growth in the key sectors including:

Promoting the Low Carbon Economy at Global Offshore Wind 2012
Securing, with Partners, Centre for Offshore Renewable Engineering (CORE) status from Government for Liverpool City Region
Promoting SuperPort Logistics infrastructure at Multi Modal 2012 and Retail Week Supply Chain Summit
Creating Liverpool City Region national TV advertising campaign in conjunction with VisitEngland
Advising City Region Companies bidding for Region Growth Fund assistance
Assisting applications for Growing Places Fund allocations
Securing £25m funds to develop Advanced Manufacturing Supply Chain Initiative
Facilitating Liverpool City Region’s successful bid to Government for Liverpool City Region Deal
Supporting successful bids for the creation of two University Technical Colleges in the City Region
Briefing Ministers and City Region MP’s on LEP progress towards targets
Download Business Report