Presentation on theme: "Greater Lincolnshire LEP Ruth Carver LEP Director September 2014."— Presentation transcript:
Greater Lincolnshire LEP Ruth Carver LEP Director September 2014
Greater Lincolnshire Area Greater Lincolnshire has many assets which provide a good platform for economic growth.
Greater Lincolnshire Local Strengths
Greater Lincolnshire LEP The Greater Lincolnshire LEP is a public/private sector partnership whose aim is sustainable economic growth. Our goal is to help create a dynamic economy where businesses can prosper; and we will focus on key growth sectors and our priorities are securing and improving conditions for business in Lincolnshire. Purpose Our role is:- 1.To Act as the voice of Businesses in Enterprise in shaping the economy 2.To Lobby for Key Infrastructure Projects across Greater Lincolnshire 3.To improve condition for business in Lincolnshire through lobbying
Priority Sectors Agri-food Manufacturing Visitor Economy Renewables Ports and Logistics Health and Care Our priority sectors have been identified where we demonstrate our most unique qualities and competitive edge. Greater Lincolnshire LEP
Our agri-food sector Did you know…. Image to go here Greater Lincolnshire is the leading area for agricultural employment in the country 12.5% of the nation's food is grown in Greater Lincolnshire 70% of UK seafood is processed in Greater Lincolnshire Higher than the national average GVA GLLEP area contains almost 25% of England's Grade 1 agricultural land 73,000 people directly employed in agri-food sector in Greater Lincolnshire – many more indirect 360,000 HGV loads of produce travel through Lincolnshire each year GLLEP area produces 28% of all UKs outdoor grown veg (including 38% of all peas and beans!) Direct value of the Agri-food sector to the Greater Lincolnshire economy is £1.5bn a year
Brands & Big Business 50+UK or global leaders (UK HQ, major plant, R&D or £50m+ turnover) : 2 Sisters Food Group Doubleday GroupHouseham SprayersMoy ParkTayto Group ACST LogisticsFastnet Fish LtdHSH ColdstoresNorbert Dentressangle TH Clements and Sons BakkavorFowler WelchIcelandic Group UKOpenfieldTong Peal Engineering Bernard MatthewsFreshlinc LogisticsKerry Group PlcParagon Print & Packaging Total Produce Plc BranstonFreshtime Prepared Vegetables Limagrain UKPipers CrispsUltimate Packaging Chandlers Farm Equipment FrontierLincolnshire Co- operative Princes Prepared Foods Univeg UK Cherry ValleyGeorg Bateman & Son Lincolnshire Field Products Produce WorldWoldmarsh Country Style FoodsGleadell AgricultureM&W MackQV FoodsYara Dalehead FoodsGreencoreMcCain Foods (GB)Sleaford Quality Foods Yearsley Group Daniels GroupHolbeach MarshCo- operative Morrisons (fish processing) Staples VegetablesYoungs Seafood
Lincolnshire Food Sector StrengthsWeaknesses Scale and critical massLack of strategic plan for the sector – the sector plan tries to address this Strong agricultural baseReliant on migrant labour, local skills gaps and not attracting UK young people Soils and climateFreight transit times poor and unreliable UK HQ of many major companiesUnder-developed R&D base & high level skills provision for the size of industry Skills cluster in the industry creates a dynamic labour market UK: low levels of investment in automation compared to D, NL etc. Low business property costsWater supply challenges may affect production potential UK’s largest port, strong logistics sectorFood grade industrial space is limited Cluster of other support businesses e.g. packaging Some clusters based on historic strengths which are now less significant
GLLEP Agri-food Sector Plan Vision The Greater Lincolnshire agri-food sector will double its contribution to the economy by 2030 through an ambitious programme of investment in productive capacity, skills & knowledge to drive an increase in high value added sales to UK and export markets
GLLEP Agri-food Sector Plan Priority Actions 1.Develop industry representation, map the industry & engage larger employers 2.Build on clusters where the GLLEP area is nationally very strong to facilitate growth (fresh produce, fish, poultry) 3.Develop a sector skills plan (through the Lincolnshire & Rutland ESB) & secure additional applied research funding with GLLEP agri-food companies 4.Develop & implement a 25year water plan & Centre for Water Management – 2015/16 following some current research work supported by the LEP 5.Build an economic case for investment in strategic transport infrastructure – LEP wide process starting later in 2014 and building on the work all LEPs are doing on growth plans 6.Promote exports & inward investment into the agri-food sector in the GLLEP area – part of LEP wide process for key sectors
Strategies & Funds Agri-food Sector Plan (2014) Greater Lincolnshire LEP Strategic Economic Plan (2014) Growth deal - UK devolved budgets – locally focused EU Funds – ESF, ERDF, RDPE, Leader EU Horizon 2020 – Applied research funding Specific UK funds e.g. UK Agri-tech Strategy Projects developed locally (or regionally) If you have a major project talk to the LEP Funding co-ordinated from one or more sources Greater Lincolnshire LEP EU Structural & Investment Fund (2014)
Funding Potential funding: Locally North East Lincolnshire RGF in Food Manufacturing – capital equipment and premises. – closes Feb 15 – Helen Thompson at NEL Lincoln Growth Fund – LN1 to LN6 – SME’s – Contact Jane Greaves at the University of Lincoln Greater Lincolnshire Business Capital Growth Programme – launching in October – contact Lincolnshire Chamber. Locally - GLLEP has £120m of EU funding 2014-’20 – RDPE: £9m (investment in larger rural projects) – £110m for ESF (skills for out of work, NEETs) & ERDF (jobs & knowledge led) LEADER groups, potentially 5 in the LEP area circa £2m each Can also bid to national £140m RDPE fund from 2015 Nationally Growth Deal UK agri-tech strategy £160m EU investment in applied research in Horizon 2020 (2014-’20) includes €4.2bn for Sustainable Agriculture (total budget €71bn) All these funds need: Match funding Most need business leadership
Question - What type of funding is needed to grow the Sector?