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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
slide5
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
slide6
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
slide7
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

slide9
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
  • 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
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