LONDON ENTERPRISE PANEL Harvey McGrath, Co-Chair, London Enterprise - - PowerPoint PPT Presentation

LONDON ENTERPRISE PANEL

Harvey McGrath, Co-Chair, London Enterprise Panel

The Members

• Kit Malthouse, Deputy Mayor for Business & Enterprise (co-Chair)
• Harvey McGrath, Former Chairman of Prudential plc (co-Chair)
• Sir William Castell LVE, Chairman Wellcome Trust
• Grant Hearn, Chief Executive, Travelodge
• Nick Turner, Former 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
• + 3 vacancies, recruitment planned December/January 2012.

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.

Advising the Mayor on actions to provide strategic investment to support private sector growth and employment in London

Growing Places Fund - £111m

• London Growth Fund - 2 projects within South London, 1 in West London, 2

in North London and 1 in East London being considered for GPF funding;

• Total of £37m allocated for key infrastructure projects with further scope for

match funding and additional funding sources. Includes:

• Super-connected cities - £1.5m proposed towards the £25m grant from the

Urban Broadband Fund awarded to the GLA;

• A further £50m to support delivery of the Panel’s strategy

Other LEP funding streams announced by Government (e.g. City Skills Fund) Business rate uplift in the Royal Docks Enterprise Zone

Funding

Skills & Employment Working Group

The Skills & Employment Working Group

Co-Chairs: Grant Hearn and Jack Morris OBE Members:

• Cllr Steve Reed – on behalf of London Councils
• Sue Terpilowski – on behalf of the Federation of Small Businesses
• Emma Stewart MBE - Women Like us on behalf of LVSC
• Ian Ashman – on behalf of the Association of Colleges London Region
• Ian Mulheirn - Social Market Foundation (leading think tank)
• Roy O'Shaughnessy – CDG & Work Programme
• John-Paul Marks – on behalf of Job Centre Plus
• Paul Whitmore, Morgan Sindall on behalf of London First

The Skills & Employment Working Group

Funding:

• £500k City Skills Fund
• GPF

Terms of Reference:

• Championing skills in London and to propose priorities for skills training

in London (age 14+)

• Make recommendations to the London Enterprise Panel on issues related

to skills and employment in London including improving efficiency and effectiveness of existing skills and employment provision in London

• Make recommendations to government on behalf of business, the Mayor,

Boroughs on issues related to skills and employment in London

The Skills & Employment Working Group

Emerging Priorities:

• Create a World Class Skills & Employment System driven by

employers

• Encourage Employer engagement across the skills agenda
• Make sure that Londoners are properly prepared to use the

pathways to get in and move on at work

Digital Creative, Science and technology

Creative Digital, Science, & Technology Working Group

Proposed Membership structure:

• Co-Chairs – Nick Turner, LEP Member and one other member of the working

group as agreed by the Co-Chairs of the LEP;

• LEP Members – Sir William Castell LVE, Chairman Wellcome Trust;
• 4 business representatives,
• At least 3 representatives of London’s research base;
• 1 central govt policy maker1 London inward investment expert;
• 1 senior Local Authority representative
• Other experts, subject to discussion areas, to be invited by the Group co-Chairs as

required.

Creative Digital, Science, & Technology Working Group

Emerging Priorities:

• Maximise the economic impact from London’s research base;
• Business growth and entrepreneurship;
• Promotion; and
• Working with other LEPs.

The focus of the Group’s activity will be on high tech sectors of London’s economy, including (but not exclusively):

• Manufacture of basic pharmaceutical products and pharmaceutical preparations
• Manufacture of computer, electronic and optical products
• Motion picture, video and television programme production, sound recording and music

publishing activities

• Programming and broadcasting activities
• Telecommunications
• Computer programming, consultancy and related activities
• Information service activities
• Scientific research and development

Supporting Micro, Small & Medium Enterprises

SME Business Working Group

Proposed Membership structure:

• Co-Chairs – Kit Malthouse, Deputy Mayor for Business and Enterprise. Stephen

Howard, Chief Executive of Business in the Community;

• LEP Members – Sue Terpilowski, Chairman London Policy Unit at Federation of

Small Businesses;

• Senior Local Authority representative;
• Employers or senior private sector business representatives from the SME

community;

• Business support organisations representing their members;
• Access to finance organisations representing their members;
• Affordable workspace incubator/Accelerator organisation representing their

members;

• Senior expert advisor with a detailed knowledge and understanding of the SME

community at a local, regional and national level; and

• Other ex officio or co-opted experts and officers as appropriate.

SME Business Working Group

Funding:

• GPF

Proposed Terms of Reference:

• Championing Small and Medium Enterprises (SMEs) in London and propose

priorities and actions for supporting the growth of micro enterprises and SMEs in London;

• Make recommendations to the Panel on issues related to the growth and long

term sustainability of London micro enterprises and SMEs; and

• Make recommendations to Government on behalf of businesses, the Mayor and

Boroughs on issues related to growth of micro enterprises and SMEs. Emerging Priorities:

• Small business access to finance;
• Supporting high growth of SMEs; and
• Workspace, premises and High Streets.

Next Steps

• January – March 2012: Consultation with stakeholders

re LEP strategy for jobs and growth:

• March/April 2013: Strategy for jobs and growth

launched

• April 2013 – May 2016 – Implement strategy through

investment, enabling and influencing activity.

More information

Website:

• www.london.gov.uk/londonenterprise

Twitter:

• @LondonLEP

Contact:

• londonenterprisepanel@london.gov.uk