YNYER LEP response to LEP review paper, ‘Strengthened Local Enterprise Partnerships’ 24.07.2018.24 July 2018
The York, North Yorkshire & East Riding Local Enterprise Partnership (YNYER) has welcomed the publication of ‘Strengthened Local Enterprise Partnerships’, the government’s Review of LEPs.
The review recognises the success of LEP’s, investing £20million to make changes that will enable them to continue to build on their strengths as unique business led local organisations, brokering business partnerships to deliver local growth, better jobs and more private sector investment
Publication of the review follows on from the successful Prime Minister’s first Council of LEP Chairs held in June, as part of their ongoing role in developing Local Industrial Strategies and preparing for implementation of the UK Shared Prosperity Fund (UKSPF).
The review examined some specific areas including:
- The roles and responsibilities of LEPs.
- LEP legal structures.
- Funding of LEPs.
- Increasing diversity on LEP Boards.
- Strengthening the private sector business voice in shaping local strategic economic growth.
- Reviewing overlapping and LEP geographies.
- The role of the LEP Network in supporting LEPs.
Local Growth Minister, Jake Berry MP, said:
“We’ve committed over £9 billion to help LEPs through three rounds of Growth Deals to deliver on their investment priorities, while creating new and exciting economic opportunities for local businesses and communities across the country.
“This landmark shake-up of our local enterprise partnerships will help us deliver on our pledge to deliver over £12 billion through the Local Growth Fund by 2021 while allowing LEPs to use their local knowledge to deliver inclusive growth.”
For YNYER, the review signals positive change and plays to the strengths that the organisation currently has in terms of good governance and board membership. The most significant aspect of the review will come in the removal of over-lapping boundaries, an aspect of the review that signals inevitable change for how the LEP is currently geographically formed. As the largest geographical LEP, YNYER recognises the significance of rural and coastal economies, as well as the vital connectivity that the city of York has, both in transport and digital and retaining this focus will be a priority.
Responding to the publication of the Government’s LEP review David Kerfoot, MBE DL, Chair of the York, North Yorkshire & East Riding Enterprise Partnership, said:
“Having met the Prime Minister recently, this review further demonstrates the Government’s long term commitment to Local Enterprise Partnerships as a vehicle for driving local growth. This enhancement of their role represents the logical next step of their development and with our existing strong governance, we are well placed.
“We are focused on positioning our region to maximise the opportunities in the future and will work closely with partners to agree the most effective way forward.
“We will be coming forward with a locally driven solution, which positions York, North Yorkshire & East Riding for future investment and growth. It is essential that the unique strengths of our region with Yorkshire Coast, two national parks and City of York are recognised and we continue to build an exciting and prosperous future.”
All LEP Chairs have responded to the LEP with a letter to MHCLG, showing their support for the review paper and the changes it heralds.