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LONDON ENTERPRISE PANEL. September 2012 Michael Heanue Principal Policy Officer. The London Enterprise Panel. Background: October 2010, the Government invited the Mayor, London boroughs and business leaders to consider the case a London enterprise partnership.

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London enterprise panel

LONDON ENTERPRISE PANEL

September 2012

Michael Heanue

Principal Policy Officer


The london enterprise panel
The London Enterprise Panel

  • Background:

  • 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
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 role
The Panel’s Role

  • The 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


The Panel’s Role:Advise the Mayor on actions to provide strategic investment to support private sector growth and employment in London

  • London Growth Fund

  • Bids for other LEP funding streams announced by Government

    • Growing Places Fund

    • City 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 promote enterprise and innovation 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:Advising the Mayor on actions to promote the acquisition of skills for sustained employment 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


Protect and enhance competitiveness
Protect and enhance competitiveness

Source: Office for National Statistics


London Enterprise Panel:

Working Groups

  • The proposed themes for working groups

  • Skills & Employment

  • SMEs

  • Science and technology

  • Infrastructure


Skills employment working group
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
Skills & Employment priorities indentified so far

Increasing levels of employer engagement

Enhancing user pathway and support

Leveraging the data to develop the London Skills & Employment Observatory

Providing the right skills for the right jobs


Supporting the skills employment priorities key outputs for 2012
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 steps
Next Steps for 2012

  • October/November:

  • Launch of business support products with BIS

  • New LEP sub-groups agreed

  • Decision on funding for Super Connected Cities - £25 m for London

  • November/ December:

  • Series of sub-regional LEP stakeholder engagement events

  • Skills and employment/LMF research completed and timetable for next steps agreed

  • January/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
Questions? for 2012


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