Lancashire Enterprise Partnership (LEP) chairman Edwin Booth has revealed vital information about the organisation’s progress and initiatives in the pipeline at an exclusive event hosted by ICAEW Chartered Accountants North West on Wednesday.
The LEP was established four years ago and after an admittedly stuttering start, has found its feet with some significant achievements across the county.
Edwin was joined by head of business growth and innovation at Lancashire County Council’s Economic Development Service, Andy Walker, and among the key points were:
Lancashire growth deal: a six-year, £250m programme to create 5,000 jobs, safeguard 3,000 jobs and deliver 5,500 homes.
Enterprise Zone at Samlesbury and Warton: work has begun on the site which aims to create 6,000 jobs over 25 years.
Growing Places Fund: £20m commercially invested in eight schemes which leverage more than £100m investment, supporting 3,000 new jobs.
Boost: launched in September 2013 and provides a single point of access for SMEs seeking business support.
Edwin said: “We’ve made significant progress over the past four years and have laid excellent foundations to continue this. We have demonstrated to our partners and government that we can deliver projects that produce tangible economic benefits which has given us real credibility for future initiatives.
“One area we aim to improve is our communication with the business community. We haven’t really shared our successes and we have put plans in place to engage with the SME community in particular and create open dialogue with this growth element of our economy.”