Local Enterprise Partnerships (LEPs)
In the 2010 Local Enterprise Partnerships (LEPs) were established following the closure of Regional Development Agencies. LEPs are locally owned partnerships between local authorities and businesses.
They play a central role in determining local economic priorities and undertaking activities to drive economic growth and the creation of local jobs.
We are a member of two Local Enterprise Partnerships that cover Lichfield District:
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Stoke on Trent Staffordshire LEP
The Stoke-on-Trent and Staffordshire Local Enterprise Partnership (LEP) brings businesses and local authorities together to drive economic growth and create jobs.
Formed in 2011, the Stoke-on-Trent and Staffordshire LEP has a clear vision – to create 50,000 jobs and increase the size of the economy by 50 per cent by 2021. This is an ambitious target, but the LEP firmly believes that by bringing the entrepreneurial skills of local business leaders together with the knowledge and insight of government brought by the public sector, it is an achievable target.
The Stoke-on-Trent and Staffordshire LEP plans to build on the region’s strong transport links, educational institutions and high quality of life to ensure that Stoke-on-Trent and Staffordshire continues to be an attractive place to live, work and do business.
The region has many of the key ingredients needed for success. It is centrally located in the heart of the midlands with good road, rail and air links.
Home to around 33,000 businesses, ranging from small and micro enterprises to global leaders in their field, it has a strong heritage in industry including ceramics and advanced manufacturing. In fact, manufacturing alone employs nearly 50,000 people and continues to thrive. But there is much more to be done, especially as the region presents some unique opportunities and challenges.
To the north lies the City of Stoke-on-Trent home to some 249,000 people within a larger conurbation including part of Newcastle-under-Lyme and Staffordshire Moorlands. The county includes a number of urban areas including Stafford, Cannock, Rugeley, Lichfield, Tamworth, Burton, Uttoxeter and Leek. Its rural areas have seen growth in recent years and our visitor economy continues to thrive.
Whilst the geography may differ many of the issues that business and communities face are similar. That’s where the Stoke-on-Trent and Staffordshire LEP comes in.
The LEP wants to make Stoke-on-Trent and Staffordshire the best place in Britain to do business. It is focused on providing the support that businesses need whether they wish to start-up, grow or relocate. The LEP has a single inward investment team – Make it Stoke-on-Trent and Staffordshire, an Education Trust, which is working with education providers and businesses to address the skills gap, and a tourism team - Destination Staffordshire - which is working with tourism businesses to market the county as a place to work and visit.
The LEP is working with Government and other organisations to secure funding and improve access to finance for businesses. The overriding ambition is to see more businesses employing more people, providing goods and services that are in demand nationally and internationally.
Find out more at www.stokestaffslep.org.uk
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Greater Birmingham & Solihull LEP
The Greater Birmingham & Solihull Local Enterprise Partnership was set up in October 2010 to strengthen local economies, encourage economic development and enterprise, and improve skills across the region.
The partnership was initially formed of Birmingham and Solihull, with East Staffordshire, Lichfield District and Tamworth councils and businesses. It was subsequently joined by Bromsgrove, Cannock Chase, and more recently Redditch and Wyre Forest councils and businesses.
The partnership is now one of the largest in the country, encompassing a population of over two million people, and 840,000 jobs.
The LEP's successful bid, jointly proposed by business leaders and local authorities, set out ambitious plans to deliver the following across the LEP region, which includes Lichfield District:
- Increase economic output (GVA) in the area by £8.25 billion by 2020
- Create 100,000 private sector jobs by 2020
- Stimulate growth in the business stock and business profitability
- Boost indigenous and inward investment
- Become global leaders in key sectors, including: automotive assembly, low carbon R&D, business and professional services, financial services, clinical trials, creative and digital sectors
- Increase the proportion of adults with appropriate qualifications to meet employment needs
Lichfield District Council's Leader is a board member of the Greater Birmingham & Solihull LEP, and we work to feed into, shape and contribute to the delivery of the partnership's plans, for the benefits of our businesses and residents and the wider region.
Find out more at www.centreofenterprise.com