LONDON ENTERPRISE PANEL
September 2012
Michael Heanue
Principal Policy Officer
The London Enterprise Panel
Background:
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October 2010, the Government invited the Mayor, London
boroughs and business leaders to consider the case a London
enterprise partnership.
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February 2011: approval for one partnership covering all of
Greater London
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A shadow body – The LEP Advisory Panel – established to
develop proposals for the Panel
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January 2012 , the Mayor approved the London Enterprise
Panel, including a Constitution, its remit and membership.
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First meeting took place on the 22nd February.
The Members
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Kit Malthouse, Deputy Mayor for Business & Enterprise (coChair)
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 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
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London Growth Fund
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Bids for other LEP funding streams announced by Government
Growing Places Fund
City Skills Funding
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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
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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.
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Assistance in negotiating the Mayor’s European Regional Development
Fund (ERDF) allocations
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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:
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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
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First meeting of the group took place on the 2nd May 2012
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All agendas, minutes and public papers relating to the group
can be found here:
www.london.gov.uk/londonenterprisepanel
Protect and enhance competitiveness
Employment rate over the past 20 years or so
Per cent of working age population in employment
London
UK
74.0
72.0
70.0
68.0
66.0
64.0
62.0
60.0
1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Apr Apr Apr Apr Apr Apr Apr Apr Apr Apr Apr Apr Apr Apr Apr Apr Apr Apr Apr Apr
Source: Office for National Statistics
London Enterprise Panel:
Working Groups
The proposed themes for working groups
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Skills & Employment
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SMEs
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Science and technology
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Infrastructure
Skills & Employment Working Group
Chair:
Vice-Chair:
Centre
Grant Hearn,
Jack Morris, Chairman of Business Design
Group
Members:
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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
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Publication of a Skills & Employment Plan for London by March
2013;
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In developing this, research is taking place in the following
areas
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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
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?