The Local Enterprise Partnership (LEP) sits at the heart of Greater Manchester’s governance arrangements, ensuring that business leaders are empowered to set the strategic course, determine local economic priorities and drive growth and job creation within the city region. It works in partnership with the Greater Manchester Combined Authority, offering leadership, insight, guidance and constructive challenge as we take forward our strategic ambitions.
With an economy worth around £50 billion, a population of 2.7 million people and over 90,000 businesses, Greater Manchester already competes on a global scale. An additional 1,000,000 jobs are forecast to be created in Greater Manchester over the next decade. But we must do more to ensure that Greater Manchester achieves its economic potential.
Alongside the GMCA, LEP jointly owns the Greater Manchester Strategy, which sets out a series of priorities to secure sustainable economic growth for the benefit of the conurbation and its residents. The GMLEP has a range of powers and responsibilities aimed at ensuring the LEP is effective in supporting the delivery of the GMS.
In particular, the LEP focuses on four key areas:
- We will actively support our businesses to adapt to the changing demands of the future, exploit Greater Manchester’s unparalleled business and academic expertise and adopt a more outward-looking, international focus.
Workless and skills
- We will improve the provision of skills, to ensue that businesses have access to the skills and talents they need to prosper. We will ensure our young people receive guidance and support to take full advantage of education, training and employment opportunities, and we will develop more effective approaches to supporting unemployed people back into work.
Public Sector Reform
- We will place greater emphasis on reform of the efficiency and effectiveness of public services, and we will encourage self-reliance and reduce demand for public services. Through this, we want to achieve better results for all. We want to do more, better and with less
Creating the conditions for growth
- We will remove barriers and create an environment that fosters economic growth and makes Greater Manchester an investment destination of choice
In July 2014 Greater Manchester secured £476.7m from the Government’s Local Growth Fund in response to our Growth and Reform Plan which gives the region access to funding as well as freedoms and flexibilities to help deliver our strategic ambitions.
Greater Manchester’s LEP is a private-sector led, voluntary partnership. The membership of the LEP forms a board with seven members from private sector backgrounds and four Local Authority Leaders. The terms of reference set out the LEP’s powers, responsibilities and decision making process in more detail along with the schedule of meetings.