LONDON ENTERPRISE PANELSeptember 2012
Michael HeanuePrincipal Policy Officer
The London Enterprise PanelBackground:• October 2010, the Government invited the Mayor,
London boroughs and business leaders to consider the case a London enterprise partnership.
• February 2011: approval for one partnership covering all of Greater London
• A shadow body – The LEP Advisory Panel – established to develop proposals for the Panel
• January 2012 , the Mayor approved the London Enterprise Panel, including a Constitution, its remit and membership.
• First meeting took place on the 22nd February.
The Members• Kit Malthouse, Deputy Mayor for Business & Enterprise (co-Chair) • Harvey McGrath, Former Chairman of the London Development
Agency and Prudential plc (co-Chair) • Sir William Castell, Chairman Wellcome Trust • Grant Hearn, Executive Chairman, Travelodge • Nick Turner, Managing Director, Nomura • Jack Morris OBE, Chairman of Business Design Centre Group • Stephen Howard, Chief Executive, Business in the Community • Sue Terpilowski, Chairman London Policy Unit at Federation of
Small Businesses• Councillor Chris Roberts, Leader, Royal Borough of Greenwich • Councillor Steve Reed, Leader, London Borough of Lambeth • Councillor Michael White, Leader, London Borough of Havering
The Panel’s RoleThe Panel’s role is to advise the Mayor on actions to:• Provide strategic investment to support private sector
growth and employment in London; • Promote enterprise and innovation;• Promote the acquisition of skills for sustained
employment in London; and
• Protect and enhance London’s competitiveness.
All papers and terms of reference for the Panel can be found here:
www.london.gov.uk/londonenterprisepanel
• London Growth Fund
• Bids for other LEP funding streams announced by Government
Growing Places FundCity Skills Funding
• Business rate uplift in the Enterprise Zone/s in London
Royal Docks Enterprise Zone
The Panel’s Role:Advise the Mayor on actions to provide strategic investment to support private sector growth and employment in London
• Government funding and programmes to support SMEs has been nationalised and is directly managed by BIS - Solutions for Business (SfB), encompassing 13 products and services for SMEs, including
Growth Accelerator - aims to support start ups and high growth SMEs to address barriers to growth and support them to grow more rapidly. 3-year contract awarded to Grant Thornton to implement this.
• Assistance in negotiating the Mayor’s European Regional Development Fund (ERDF) allocations
• Advising the Mayor on all other actions to promote enterprise and innovation
The Panel’s Role: Advise the Mayor on actions to promote enterprise and innovation in London
LEP Skills and Employment Working Group
Purpose: • work to equip Londoners with the skills to enable them
to compete for London’s jobs and to increase the number of Londoners in employment
• First meeting of the group took place on the 2nd May 2012
• All agendas, minutes and public papers relating to the group can be found here:
www.london.gov.uk/londonenterprisepanel
The Panel’s Role:Advising the Mayor on actions to promote the acquisition of skills for sustained employment in London
Protect and enhance competitiveness
Source: Office for National Statistics
Employment rate over the past 20 years or so
60.0
62.0
64.0
66.0
68.0
70.0
72.0
74.0
1992Apr
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1996Apr
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London UK
London Enterprise Panel: Working Groups
The proposed themes for working groups• Skills & Employment• SMEs• Science and technology• Infrastructure
Skills & Employment Working Group
Chair: Grant Hearn, Vice-Chair: Jack Morris, Chairman of Business Design
Centre Group Members:
• Emma Stuart - Women Like us on behalf of LVSC• Ian Ashman – Chair, London Association of Colleges• Ian Mulheirn - Social Market Foundation• Nigel Carrington – Rector, University of the Arts• Cllr Steve Reed - London Councils• Roy O'Shaughnessy – Chief Executive, CDG & Work Programme• Sue Terpilowski, Chairman London Policy Unit at Federation of Small
Businesses • John-Paul Marks – Department of Work & Pensions/Job Centre Plus• Paul Whitmore,- Commercial Director Morgan Sindall Group Plc
Skills & Employment priorities indentified so far
Supporting the Skills & Employment priorities: Key Outputs for 2012• Publication of a Skills & Employment Plan for London by
March 2013;
• In developing this, research is taking place in the following areas
• Labour Market Forecasting• Review of the current skills and employment system for those
in and out of work;• Assessing capacity of the system to respond to future skills
and employment needs;• A review of the London Skills & Employment Observatory with
the aim of redeveloping it to make it user-friendly for schools, colleges, employers and individuals;
• Part-time working
Next StepsOctober/November: •Launch of business support products with BIS•New LEP sub-groups agreed •Decision on funding for Super Connected Cities - £25 m for LondonNovember/ December:•Series of sub-regional LEP stakeholder engagement events•Skills and employment/LMF research completed and timetable for next steps agreedJanuary/February: •Consultation on the LEP’s jobs and growth strategy for London begins
April 2012: •Publication of the LEP’s overall strategy for delivery over the following three years
Questions?