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Report

Annual Report

2018 - 2019

Foreword

Foreword by GBSLEP's Chair, Tim Pile

The Greater Birmingham and Solihull Local Enterprise Partnership (GBSLEP) has a single-minded purpose; to drive economic growth, create jobs and increase the quality of life in our area. This year has witnessed a growing confidence and momentum in the region, a sense of progress that is borne out by our KPIs.

 

Our region is experiencing a vibrant renaissance, since 2010 the Greater Birmingham and Solihull LEP area has grown twice as quickly compared to the Core City LEP average. Over the last 12 months, the region has created 29,452 private sector jobs and has attracted significant investment from overseas. The Local Industrial Strategy for the West Midlands identifies major new market opportunities based on the region’s sector strengths, to grow the economy and create new jobs across the West Midlands, and provides a framework for future investment. Whilst much has been achieved, what is truly exciting is all that is still to come.

 

As a partnership of the private, public and education sectors we are uniquely placed to take a long-term, balanced approach to economic development. I have been proud to visit most of the LEP-funded projects, it has been an incredibly rewarding experience to see these valuable projects come to life and to witness the real difference they are already making to our economy and the residents who live and work across our geography.

I want to thank my fellow Board Directors who give up their time freely and enthusiastically, with an unwavering dedication to build the economy of our region. I feel greatly privileged to be working with such a committed group of people. I also want to thank the LEP Executive – a team with diverse talents who work hard to carry out the LEP’s activity.

 

I believe we have the foundations, after several years of strong growth and investment, to build a prosperous, globally-connected and thriving city-region. Our region is well prepared to weather the storms that might follow Brexit and there are enormous opportunities before us: The Commonwealth Games, the West Midlands 5G testbed, the advances in automation and industry 4.0 technologies to name a few. We must continue to work together, with bold ambition and resolve, to enable our region to deliver its full potential.

 

For more information download the full GBSLEP Annual Report 2018/19