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31 January 2019

Enterprise M3 leadership 'vital' to region's economy

Enterprise M3 LEP's role in delivering the government's Industrial Strategy and supporting businesses through Brexit was underlined today (January 31st) in a meeting between LEP chair Dave Axam and the Prime Minister, Teresa May. Dave joined business leaders nationwide from England's Local Enterprise Partnerships (LEPs) at Number 10 to update the Prime Minister on their work to boost economic growth for their communities.  The Prime Minister, Theresa May said: "Local Enterprise Partnerships have a vital role to play in delivering our modern Industrial Strategy.  "Working closely with government, their leadership is helping make sure businesses thrive as we prepare to leave the European Union. "I was pleased to hear directly from LEP representatives how they are bringing together the local business community, universities and other partners to design long-term, ambitious plans tailored to the strengths and needs of their areas.  "Using their unique insight and expertise to co-develop Local Industrial Strategies, LEPs are boosting economic growth, securing jobs and delivering prosperity making sure that no community is left behind." Enterprise M3 recently launched a Brexit toolkit to help businesses in the region plan for the impact of the UK leaving the EU. Developed in partnership with the Enterprise M3 Growth Hub and other business support organisations, including Chambers of Commerce, Federation of Small Businesses, County Councils in Surrey and Hampshire, and Business South, it offers easy access to  a range of authoritative sources of impartial advice and guidance. The Prime Minister heard from business leaders representing each of the LEPs across England including those in the Northern Powerhouse (NP11), the Midlands Engine, and the Cambridge-Milton Keynes-Oxford Arc. The LEP chairs briefed the Prime Minister on the development of their Local Industrial Strategies blueprints for driving long-term productivity and prosperity which will see LEPs work closely with government to unlock local growth.  The Council of LEP Chairs also covered updates on the timelines for delivering the Local Industrial Strategies, engagement with SMEs and rural communities, progress against the Grand Challenges identified in the Government's Industrial Strategy which aim to keep the UK at the forefront of key global trends, and discussion around the latest business intelligence from across the country ahead of the UK's departure from the EU.   

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