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What do LEPs do for Business Geoff French Enterprise M3 IOD Hampshire 19th July What is Enterprise M3? Enterprise M3 is the Local Enterprise Partnership which covers almost all of Hampshire and most of Surrey Our remit is to increase economic growth in the area. By bringing together leaders from across the private and public sectors to provide a common strategy for economic development and to pool our resources to deliver priority activities which support economic growth. Our Structure Enterprise M3 Board Strategic direction, priorities and targets LEP Project Director Implementation Group Delivery, Overseas priorities of Action Groups Action Groups Sector Groups Finance, Innovation & Infrastructure Business Support Land & Property Leisure, Tourism, Place Shaping, Inward Investment Skills & Employability Aerospace IT ? Rural Economy & Broadband Space ? Enterprise M3 Board Members Enterprise M3 Board Members Enterprise M3 The journey so far … Clear Prioritised Actions for 2012/2013 Growing Places Fund Business Plan and Priorities Additional Government funding Establish Action Groups Appoint Director Conduct Research First Board Meeting Launch Conference April 2011 July 2011 Dec 2011 March 2012 Our Vision Enterprise M3 will be: “One of the premier locations in the country for enterprise and economic growth, with an excellent environment and quality of life.” Delivering the Vision - Our Four Priorities Skills Enterprise Support Infrastructure Red tape and planning How we intervene - a Catalyst for Enterprise Deliver Advocate Inform Co-ordinate How we are funded Government Funding £25,000 per year Growing Enterprise Funding £21m Support from Local authorities The future Private Sector Sponsorship? European? A Focus on Skills Apprenticeships -Making it Easier • Promotion of apprenticeships • Making process easier Creating Entrepreneurial Culture • Testing out new approaches • Audit of activity – schools to university • Preparing to bid for Growth and Innovation Fund ( £250k+) Retaining Talent • M3 Job club Basingstoke • Skills matching Service A Focus on Enterprise Support Supporting Business • Business Support Website • Business to Business Marketplace • Programme of events by partners Supporting High Growth Business • GrowthAccelerator Accessing Finance • Barriers • Access to Finance Seminars A Focus on Red Tape Barriers – Red Tape • Focus Groups • Working through business organisations Demystifying Planning • NPPF – what means? • Working alongside Local Authorities A Focus on Infrastructure Identifying Infrastructure Priorities Growing Enterprise Fund -£22m A Commercial Property Market Demand, Supply and Site Assessment Study for Enterprise M3 Lobbying for superfast broadband across Enterprise M3 area Social Media Information Connect With Us LinkedIn Facebook Twitter Contact Information Contact Board Members Telephone 01962 846755 Email [email protected] Media [email protected] Enterprise M3 © 2011 Basingstoke and Deane Borough Council | Site Map Design + Code by FHOKE