A new local enterprise partnership for the North East of England was approved today by Business Minister Mark Prisk and Decentralisation Minister Greg Clark.
The partnership, covering seven local authority areas, joins the 27 partnerships announced since the Government’s Local Growth White Paper was published in October last year.
A partnership for the Tees Valley area has already been invited to put its governance arrangements in place. Today’s announcement means the entire North East region is now covered by two local enterprise partnerships.
Local enterprise partnerships bring together local business and civic leaders, working to support their local economy. They will operate within a geography that reflects natural economic areas and will provide the vision, knowledge and strategic leadership needed to drive sustainable private sector growth and job creation in their area.
“I’m delighted that we are able to ask the North Eastern partnership to join this growing network, which will play a crucial role in driving local economic growth across the country and creating a strong environment for business,” said Prisk.
“We are continuing to assess proposals for further partnerships across England, so that soon more local communities will benefit from the knowledge and expertise of the private sector and the opportunities that growth brings.”
Business leaders have also established a North East Economic Partnership (NEEP) to work on issues of strategic importance across the North East to look at and promote co-operation between the two LEPs. This is an Independent Forum, which the Government supports. However, it is not a local enterprise partnership and therefore did not need Government approval.
The boundary of the North East Local Enterprise Partnership comprises the local authority areas of Durham, Gateshead, Newcastle, North Tyneside, Northumberland, South Tyneside and Sunderland, with a population of 2M.