Delivering our Future Together - Midlands LEPs highlight impact in new video
26 Jul 2021
Locally driven partnerships across the Midlands have for the first time unveiled the impact of their decade long investment to level up the regions outside of London.
In the last 10 years, Local Enterprise Partnerships (LEPs) in the Midlands have delivered £4.1 billion of government funding into local areas. They have also unlocked a further £11.1 billion of match funding from private, public and Voluntary, Community and Social Enterprise (VSCE) partners. Through locally informed investments, LEPs have supported the Covid-19 recovery and enabled inclusive and sustainable economic growth.
Together, the Midlands LEPs have created over 75,000 jobs to date and are on target to create over 200,000 jobs. Building on the strengths of their partnerships and Growth Hubs, Midlands LEPs have supported over 135,000 businesses, enabling them to grow and prosper. Working with schools, colleges, universities, training providers, employers, and career professionals 40, 000 learners have been supported.
To accelerate innovation and support international trade, growth and productivity, Midlands LEPs have invested over £100 million in research and development.
Tim Pile, Chair of Greater Birmingham and Solihull Local Enterprise Partnership (GBSLEP) commented: “Many LEPs across England were established in 2011 so this year is very significant. In the last 10 years, LEPs have harnessed the energy and expertise of 2000 business, 180 local authorities and 250 higher/ further education organisations.
"From City Deals to Local Growth Deals, trade and investment to skills training and business support, we have put local people and local places at the heart of our work to drive inclusive economic growth.
“Our flexible and agile response to Covid-19, the EU Exit and future skills challenges has been made possible thanks to the unique way we bring public, private, and academic sectors together to create joined-up solutions.
“The Government’s ambition is to evolve the way it supports local growth and levelling up for the long term. Our new figures highlight how LEPs have a played a critical role in improving the region’s prosperity whilst drive forwards the Government’s ambitions of a green recovery through improved productivity, skills development and business support for everyone.”
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