Economic growth hot topic at LEP Business Conference

Published 5th February 2015 at 10:46am

A large gathering of local leaders from the private and public sector recently attended the Local Enterprise Partnership (LEP) Business Conference.

Despite severe weather conditions, which caused disruption across the City Region on the morning of the event, a large number of people battled through heavy snow to attend the Conference.

James Newman, Chairman of the LEP, said:

“The LEP Business Conference gave local leaders from across the City Region the opportunity to come together and discuss the LEP’s plans to boost economic growth.

“The Sheffield City Region Growth Plan set out our bold ambition to create stronger local economic growth. This Conference gave partners from across the City Region the opportunity to review our progress and reaffirm our shared commitment to achieve our vision.

“The large number of people that made it through the snow to attend our Conference reflects the strength of commitment from our partners to work together to grow our economy.”

The Business Conference followed last year’s news that the LEP had secured a £320 million ‘Growth Deal’ for the Sheffield City Region – the result of a significant effort from the local business community.

Lord Newby, a Government Minister, also visited the Conference to announce the details of Growth Deal 2 for the City Region. This amounts to an additional £30m to assist in delivering the original Growth Deal quicker and to supplement the Devolution Deal achieved in December.

The LEP is looking to the private sector to play a big part in its plans to maximise the economic impact of the Growth Deal and as the Sheffield City Region seeks greater powers and funding from Government.

The Business Conference included presentations from LEP Board members and partners covering a number of areas of the LEP’s work, including skills training, infrastructure investment, access to finance, European funding, inward investment and HS2 business opportunities.

The LEP Business Conference took place on 29 January 2015 from 9am to 12.30pm at the AMRC Knowledge Transfer Centre. For more information about the LEP visit www.sheffieldcityregion.org.uk

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