A Plan to Reshape our Economy: Pledge #1
19 October 2020
Background:
Businesses are dealing with profound change, both short and long term, as a result of the Covid-19 pandemic and the infection control measures. Nationally, almost one quarter of all businesses temporarily closed or paused trading due to the pandemic in April 2020; as a result, it’s estimated that YNY’s economy will drop by 7.6%.
Our Pledge:
All of our businesses get the support they need to adapt to the challenges of COVID-19 and come back greener, fairer and stronger.
Our Actions:
- Provide information, advice and support to businesses; Lobby and Provide support for industries most impacted by Covid-19 ; Support place-based approaches to adopting the circular economy and business resilience; Invest in projects that will encourage technology improvements; Promote and support the shortening of supply chains.
- Provide support for start up businesses.
Outcome:
Supporting our businesses through COVID-19 and into the future.
Pledge stories:
Work to deliver this pledge has already begun. In their response to the pandemic, investment decisions and plans for the future, places, businesses, and organisations across the region are already reshaping towards a greener, fairer, stronger future. Check out the case studies below and on our website.
KeepSafe launch helped by the Growth Hub
York’s economic response to Coronavirus
Supporting hospitality businesses to reopen safely
Make It York Case Study: Love to Eat Cafe
Ryedale District Council gives out nearly £24 million in COVID-19 business grants
Richmondshire Business Week, 19-23 October 2020
A Plan to Reshape our Economy
Following on from our vision launch for a greener, fairer, stronger economic recovery for YNY, the LEP has worked with all LAs and partner organisations region-wide to develop a plan to reshape the region’s economy in order to address the challenges and opportunities arising from the pandemic.
Read the full Plan to Reshape our Economy here.
Impact of the plan on reshaping the economy will be measured by successful delivery against the 10 pledges. Read the pledge stories on our news page here.
Join us on Friday 6 November for our annual conference.
Held online for the first time, the conference will focus on a Greener, Fairer, Stronger vision for reshaping the York & North Yorkshire economy and how we can work together to achieve this.
Register here: https://ynylepannualconference2020.register-me.uk/