NEW ANGLIA
This presentation is the property of its rightful owner.
Sponsored Links
1 / 14

NEW ANGLIA Local Enterprise Partnership Enterprise Zone PowerPoint PPT Presentation


  • 124 Views
  • Uploaded on
  • Presentation posted in: General

NEW ANGLIA Local Enterprise Partnership Enterprise Zone. Enterprise Zones. Announced by Chancellor George Osborne in 2011 budget 11 covering England’s biggest cities were pre-selected by the Government Open competition for 11 more ran over the summer LEPs invited to bid. Enterprise Zones.

Download Presentation

NEW ANGLIA Local Enterprise Partnership Enterprise Zone

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


New anglia local enterprise partnership enterprise zone

NEW ANGLIA

Local Enterprise Partnership

Enterprise Zone


Enterprise zones

Enterprise Zones

Announced by Chancellor George Osborne in 2011 budget

11 covering England’s biggest cities were pre-selected by the Government

Open competition for 11 more ran over the summer

LEPs invited to bid


Enterprise zones1

Enterprise Zones

Defined areas of development ready land with incentives:

Business rates relief

(up to £275,000 over five years for eligible firms)

Simplified planning regime

(saving businesses time and money)

Support for the roll-out of superfast broadband

(helping business remain competitive)

LEP to retain business rates uplift from EZ


Learning past lessons

Learning past lessons

  • Sectoral focus

  • Minimise displacement

  • Strategic fit

  • Long term viability


Norfolk suffolk

Norfolk / Suffolk

New Anglia LEP

Counties of Norfolk and Suffolk

Population 1.8million – set to grow to more than 2million

LEP focus around energy and tourism plus business support


New anglia s enterprise zone

New Anglia’s Enterprise Zone

Invited expressions of interest

Five submissions from across Norfolk and Suffolk

Independently assessed against Government criteria and LEP priorities

Great Yarmouth and Lowestoft scored most highly

Deliverable, realistic, distinctive and focused on a sector with real jobs potential

GY-L proposal - developed by Norfolk and Suffolk Energy Alliance (four local authorities, EEEGR and chambers), coordinated by New Anglia


Wind farm and gas field outline

Wind Farm and Gas Field Outline


The new anglia enterprise zone

The New Anglia Enterprise Zone

Covers 121.3 hectares of development ready land in six sites across Great Yarmouth and Lowestoft

The zone will be capable of accommodating 540,000 sq m of commercial floor space

By 2015 – around 80 businesses and 1,380 jobs directly, another 690 indirectly

By 2025 – 150-200 businesses and 9,000 jobs directly, another 4,500 indirectly

In addition to six core EZ locations two additional Local Development Order (LDO) only areas - just covered by the simplified planning regulations


The enterprise zone

The Enterprise Zone


New jobs new businesses

New jobs, new businesses

Focus on attracting new energy-related businesses

EZ helps raise the attractiveness of Great Yarmouth and Lowestoft as investment locations

Financial and planning incentives helpful tools

Existing supply chain

Skills for energy

Proximity to market place


Ez good for existing businesses

EZ good for existing businesses

What’s in it for me?

Expanding businesses could relocate to the zone

Extended LDOs covering South Denes and Power Park

Significant supply chain opportunities

Increased profile of Great Yarmouth and Lowestoft

Potential for increased infrastructure investment

A once in a generation opportunity


Next steps

Next steps

Implementation plan agreed with Government

Governance structure for EZ agreed

Local Development Orders published and consultation underway

Enterprise Zone coordinator appointed

Marketing plans for the zone being developed

Integration of EZ into other plans

Interest from 60 businesses already – with construction of first premises already underway

New Anglia EZ open – April 2012


Enterprise zone brochure

Enterprise Zone Brochure


Enterprise zones2

Enterprise Zones

Any questions ?

[email protected]

www.newanglia.co.uk


  • Login