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.

Funding 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

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