Posted on June 7, 2018Category: News Tags: Annual Review 2017-18
The Humber Local Enterprise Partnership (LEP) has today published its Annual Review for 2017/18, revealing that a total of 4,500 jobs have now been created as a result of its investment programmes. At least 1,500 more jobs will follow from existing committed investments.
Local Growth and Northern Powerhouse Minister Jake Berry today praised the LEP’s work and said the Humber was an “integral” part of the Northern Powerhouse.
The LEP has so far secured over £223m of UK Government funding to enable its partners to deliver projects. £154m of this has already been invested on the ground, attracting £273m of other direct project funding (£182m private sector, £91m public sector) to make a total investment to date of £427m in the Humber (excluding follow-on investment).
- Individual business expansions. In 2017/18 these included Eltherington Industries Ltd in Hull, Moulded Fibre Products in Scunthorpe and Scratch Meals Ltd in Grimsby.
- Flood defences, such as those at River Hull, Paull, Cottingham & Orchard Park, Anlaby & East Ella, Howdenshire and the Lincolnshire Lakes housing development.
- Tourism and cultural investment in the Hull Venue and Normanby Hall Country Park.
- City and town centre regeneration in Hull, Grimsby and Bridlington.
- Engineering training facilities at HETA’s new site in Hull.
- Business space at ERGO at Humber Bridgehead and The Arc in Westcliff, Scunthorpe, both recently opened.
Other figures released today show:
- 48 Enterprise Advisers from Humber businesses are now working with secondary schools and colleges through the LEP’s partnership with the Careers and Enterprise Company.
- 23 schools, training providers and colleges had met the LEP’s nationally-recognised careers quality standard by the end of the year, with 41 more working towards it.
- The £6m Skills Support for the Workforce programme, delivered by HCUK Training and partners using European funding directed by the LEP, has now delivered 5,880 courses to 3,685 learners across the Humber.
- Over 3,270 businesses have now been directly supported by the LEP’s Growth Hub, which provides free impartial business advice and signposting to available support.
- 38 organisations are now located on the Humber Enterprise Zone. 8 of these joined in 2017/18, including the Doubletree by Hilton Hotel, Ron Dearing UTC and Indivior’s £23m pharmaceutical research centre, creating 454 new jobs. This year Siemens also announced plans for a train manufacturing and assembly facility on the Enterprise Zone in Goole, and work continues to bring the Stallingborough sites forward for investment.
The LEP’s Annual Review also sets out how the partnership is working with businesses, local authorities and other stakeholders to advocate the area’s interests with central Government and organisations like Transport for the North.
The report was launched at the LEP’s Annual General Meeting this morning in Hull as part of Humber Business Week.
State of the Humber
The LEP’s impact figures come as a new report from the University of Hull’s Logistics Institute, which will be previewed at this morning’s event, shows that the Humber’s economic output (GVA) has risen by 8% since 2014 – higher than the UK growth rate of 6.6% and higher than similar regions.
Lord Haskins, Chair of the Humber LEP, said:
“The LEP’s investment programmes are going from strength to strength, supporting a diverse range of projects from small business expansions to flood defences and training facilities. It is welcome to see the growing impact they are having.
“However our most important job is bringing the region together to act as one. The Humber has shown that it can achieve great things when it pulls together and speaks with one voice. Whilst there may be some difficult times ahead, there is much to build on as we move forward. I am sure that the strong spirit of collaboration we have in our region will see us continue to deliver.”
Local Growth Minister Jake Berry MP said:
“The Humber is an integral part of the Northern Powerhouse which is why we have invested £141.5 million of local growth funding into the region and why the Humber was awarded the largest Enterprise Zone allocation in the country.
“It is great to see that the Humber LEP has used this investment to create 4,500 jobs with more to come. Government’s Growth Deal Funding is supporting businesses to grow, improving skills facilities and flood defences, and contributing to city and town centre regeneration across the Humber.”