The new local enterprise partnerships (LEP) for York and North Yorkshire and Enterprise M3 were approved today by Minister for business Mark Prisk and decentralisation minister Greg Clark.
They join the 28 partnerships formed since the Government’s Local Growth White Paper was published in October last year.
Ministers said this shows clearly the local enthusiasm for partnerships and a real ambition to renew growth from the ground up.
The 30 LEPs now cover over 70% of England’s population – 1.4M businesses and 16M employees.
LEPs 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.
York and North Yorkshire aims to secure investment for next generation broadband, promote enterprise and support its important tourist economy and food and agricultural sectors.
Enterprise M3 − covering parts of Hampshire and Surrey – has a population of 1M and £25bn economic area built around IT, financial services and R&D.
It aims to continue its sustainable economic growth, attracting, retaining and creating businesses locally improving skills, broadband coverage and transport links.
Prisk said: “We are continuing to assess proposals for further partnerships across England.”