NEWSLETTER
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Local Enterprise Partnerships - the challenge
Local Enterprise Partnerships offer a number of interesting
challenges. The brief from Government is very broad - tackle the issues that
will unlock private sector growth. Address the full range including housing,
transport, planning. At the same time, the recent White Paper - "Local Growth"
offers relatively little in terms of detailed guidance for how LEPs should get
to grips with the issues. The guidance is light touch - permissive, rather than
prescriptive. This has to be as being in line with the Government's approach to
new localism.
The challenge is for partners to come up with some genuinely
fresh thinking in order to address business growth and regeneration in a time
of shrinking public investment.
SOA Development track
record SOA Development was involved in supporting and writing three
LEP proposals, one of which - Coast to Capital
- has already been held up as an exemplar at the BIS Select Committee inquiry into LEPs. We are now working on the
implementation of Coast to Capital and also supporting development of LEPs in
London.
One of the notable things about being involved in three
proposals was how different they were from each other. This is as it should be
as each LEP should reflect the particular circumstances of the economy they
cover. Based on our experience and hearing about the process that others
followed, there are some lessons for the next stage:
Strong input from businesses gave the proposals
sharpness and a grounding in issues as local businesses themselves experience
them. There have been criticisms that some LEP proposals have been too public
sector oriented. In the next stage, wider business engagement will be really
critical - and in the longer term LEPs will need transparent mechanisms to
allow businesses to get their views heard.
A smaller number of objectives and a tight focus
on a few issues that will drive the rest of the economy seems to work best. One
of the proposals we worked on had just two priorities - insisted on by business
leaders - and it has attracted many favourable comments. There is a temptation
to include in the LEP priorities all the things that could possibly impact in
the business environment. However, this tends to lead to a clone-zone proposal,
which does not adequately reflect the local economy.
Getting the partnerships right has taken the most time. Even
where there were pre-existing business and public sector partnerships, it has
not necessarily been easy, as can be seen with the number of overlapping
proposals.
Partnerships have now had their feedback from Government,
with 24 being given a green light, some been asked to do some more work, and
some getting a fairly firm red light.
How can SOA
Development help? Whichever way it has gone for your LEP proposal there will
be plenty to do - either getting busy with implementation or re-jigging the
proposal in the light of the feedback. SOA
Development can help.
We have teamed up with Simpson Consulting to offer a team
with depth and expertise which can help you with the next stage of the
development of your LEP. With our expertise gained from hands-on involvement,
we can support you in:
Getting the partnerships right, including
sorting out over-lapping proposals
Establishing governance and structure
Business engagement - finding business leaders
and gathering views directly from firms
Planning the work of the LEP - demonstrating that
it is going to work and actually make a difference
Assembling the detailed evidence base required
for setting goals and priorities
Preparing bids for the Regional Growth Fund
If you would like to discuss how we can help with the next
stage, please do call Ian Parkes on 07768 993704 or e-mail