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LONDON ENTERPRISE PANEL September 2012 Michael Heanue Principal Policy Officer.

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Presentation on theme: "LONDON ENTERPRISE PANEL September 2012 Michael Heanue Principal Policy Officer."— Presentation transcript:

1 LONDON ENTERPRISE PANEL September 2012 Michael Heanue Principal Policy Officer

2 The London Enterprise Panel Background: October 2010, the Government invited the Mayor, London boroughs and business leaders to consider the case a London enterprise partnership. February 2011: approval for one partnership covering all of Greater London A shadow body – The LEP Advisory Panel – established to develop proposals for the Panel January 2012, the Mayor approved the London Enterprise Panel, including a Constitution, its remit and membership. First meeting took place on the 22 nd February.

3 The Members Kit Malthouse, Deputy Mayor for Business & Enterprise (co- Chair) Harvey McGrath, Former Chairman of the London Development Agency and Prudential plc (co-Chair) Sir William Castell, Chairman Wellcome Trust Grant Hearn, Executive Chairman, Travelodge Nick Turner, Managing Director, Nomura Jack Morris OBE, Chairman of Business Design Centre Group Stephen Howard, Chief Executive, Business in the Community Sue Terpilowski, Chairman London Policy Unit at Federation of Small Businesses Councillor Chris Roberts, Leader, Royal Borough of Greenwich Councillor Steve Reed, Leader, London Borough of Lambeth Councillor Michael White, Leader, London Borough of Havering

4 The Panels Role The Panels role is to advise the Mayor on actions to: Provide strategic investment to support private sector growth and employment in London; Promote enterprise and innovation; Promote the acquisition of skills for sustained employment in London; and Protect and enhance Londons competitiveness. All papers and terms of reference for the Panel can be found here:

5 London Growth Fund Bids for other LEP funding streams announced by Government Growing Places Fund City Skills Funding Business rate uplift in the Enterprise Zone/s in London Royal Docks Enterprise Zone The Panels Role: Advise the Mayor on actions to provide strategic investment to support private sector growth and employment in London

6 Government funding and programmes to support SMEs has been nationalised and is directly managed by BIS - Solutions for Business (SfB), encompassing 13 products and services for SMEs, including Growth Accelerator - aims to support start ups and high growth SMEs to address barriers to growth and support them to grow more rapidly. 3-year contract awarded to Grant Thornton to implement this. Assistance in negotiating the Mayors European Regional Development Fund (ERDF) allocations Advising the Mayor on all other actions to promote enterprise and innovation The Panels Role: Advise the Mayor on actions to promote enterprise and innovation in London

7 LEP Skills and Employment Working Group Purpose: work to equip Londoners with the skills to enable them to compete for Londons jobs and to increase the number of Londoners in employment First meeting of the group took place on the 2 nd May 2012 All agendas, minutes and public papers relating to the group can be found here: The Panels Role: Advising the Mayor on actions to promote the acquisition of skills for sustained employment in London

8 Protect and enhance competitiveness Source: Office for National Statistics

9 London Enterprise Panel: Working Groups The proposed themes for working groups Skills & Employment SMEs Science and technology Infrastructure

10 Skills & Employment Working Group Chair:Grant Hearn, Vice-Chair: Jack Morris, Chairman of Business Design Centre Group Members: Emma Stuart - Women Like us on behalf of LVSC Ian Ashman – Chair, London Association of Colleges Ian Mulheirn - Social Market Foundation Nigel Carrington – Rector, University of the Arts Cllr Steve Reed - London Councils Roy O'Shaughnessy – Chief Executive, CDG & Work Programme Sue Terpilowski, Chairman London Policy Unit at Federation of Small Businesses John-Paul Marks – Department of Work & Pensions/Job Centre Plus Paul Whitmore,- Commercial Director Morgan Sindall Group Plc

11 Skills & Employment priorities indentified so far

12 Supporting the Skills & Employment priorities: Key Outputs for 2012 Publication of a Skills & Employment Plan for London by March 2013; In developing this, research is taking place in the following areas Labour Market Forecasting Review of the current skills and employment system for those in and out of work; Assessing capacity of the system to respond to future skills and employment needs; A review of the London Skills & Employment Observatory with the aim of redeveloping it to make it user-friendly for schools, colleges, employers and individuals; Part-time working

13 Next Steps October/November: Launch of business support products with BIS New LEP sub-groups agreed Decision on funding for Super Connected Cities - £25 m for London November/ December: Series of sub-regional LEP stakeholder engagement events Skills and employment/LMF research completed and timetable for next steps agreed January/February: Consultation on the LEPs jobs and growth strategy for London begins April 2012: Publication of the LEPs overall strategy for delivery over the following three years

14 Questions?


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