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Working together - LEPs

 By Graham Wynn

This new magazine is an absolute celebration of business in our region. 

You're reading the success stories of growing enterprises, about export orders being won; contracts and deals being signed and new appointments being made as workforces grow. 

All this is down to the hard work of business owners and managers – but the conditions have to be right for that growth to happen. 

In the wake of the economic downturn, the Government asked Lord Heseltine to investigate how wealth might be more effectively created in the UK. The result was No Stone Unturned – a report that set out how changes in Government organisation and funding could be beneficial to driving localised growth. 

At its heart was a powerful case for decentralising economic powers from central government to local areas and business leaders, as those best placed to understand and to address the opportunities and obstacles to growth in their own communities. 

This is where Local Enterprise Partnerships come in.  And the key word for me isn’t 'local', or 'enterprise', it’s 'partnership'. The Marches LEP may be private sector-led but we are a Partnership. 

We are businesses. We are housing, education and third sector champions. We are three local authorities. And we are working hard to create the conditions for economic growth and prosperity in our region. Together. 

The councils of Herefordshire, Shropshire and Telford & Wrekin may well be separate entities but they are an integral part of the LEP. It is through their efforts that we are able to deliver on our promises. Over the last five years, the partnership has delivered 9,850 homes, created the conditions for more than 8,000 new jobs and secured £670m of private investment for the region. 

Here’s another example for you. Driving through Telford, you will have seen work ongoing at a number of roundabouts and might have spotted the Marches LEP and Telford & Wrekin Council signs. This is the LEP in action. 

The transport infrastructure work on the roundabouts is part of the £17.4m Telford Growth Point Package, upgrading junctions to open up development land in the town to create thousands of homes and jobs. The majority of the funding for these improvements is coming from the Marches LEP, via its Growth Deal negotiated with Government. 

Similarly work is ongoing on the £12.1m Shrewsbury Integrated Transport Package – another Growth Deal project to unlock development land. Again, funded by the LEP.  And as well as supporting the infrastructure work to create homes and jobs, we’re also behind the Marches Growth Hub, which is helping businesses to grow and create jobs too. 

Keep up to date with what, and how, we're doing with our programme of work via the website at www.marcheslep.org.uk  and importantly, let us know your views either via the contact form on the website, our LinkedIn group or via Twitter @Marcheslep.




£6.3m funding boost to create 950 new jobs

Business park planned in Newport, and Flaxmill funds for Shrewsbury

9th March 2017

Helping to shape the region's economic future

What's it like being a board member of the Marches LEP?

5th March 2019

Growth fund industrial projects nearing completion

New units in Telford attracting interest

24th April 2017

How can we improve freight efficiency?

Workshop to focus on movement of goods in the region

5th March 2017

Businesses invited to enter Queen's Awards for Enterprise

Launch of prestigious awards on April 18

13th April 2018

Call to celebrate enterprise

LEP boss urges companies to apply for award scheme

10th May 2018

Minister tours Growth Deal projects

Jesse Norman MP congratulates LEP on progress

19th April 2017

New £750,000 virtual reality suite is launched

Hi-tech facilities are open to local businesses

18th December 2018

Graham Fuller

Senior associate at FBC Manby Bowdler, Shrewsbury

15th May 2018

Are networking events a data risk?

Telford lawyer sheds light on the matter

2nd May 2018

No one exempt from data rules

Clubs and societies warned they must comply with GDPR

28th March 2018

Legal advice session is kicking off

Football club to host event with a difference

27th October 2016

Get Growing campaign launched by Marches Growth Hub

Launch comes after awarding £1.2m in grants

27th July 2017

£1.5m boost for workforce skills

Marches LEP behind new training project

31st January 2017

Buildings boost for businesses

Grants available to help fund improvement of commercial premises

7th February 2017