Last week the Greater Cambridge Greater Peterborough LEP (GCGP) submitted a bold Strategic Economic Plan for their LEP area, which included West Norfolk, to Government. Over the next six years they are asking for £500 million of funding to support the delivery of 70,000 new jobs and 50,000 new homes.
The GCGP LEP area has two of the fastest growing cities in the UK, and they believe that now is the time to harness that growth potential and turn it into new jobs, new skills, new homes and new infrastructure that will benefit the whole of their LEP area.
The Strategic Economic Plan itself focuses on five core elements:
- Digital – to become the UK’s exemplar area for digital connectivity and bolster our position as a leader in the Internet of Things;
- Infrastructure – to enable a transport network fit for an economically vital high growth area;
- Skills – to remove the skills barriers to continued growth and facilitate a truly business-led approach to skills delivery;
- Incubator and Innovation space – to respond to existing market pressures by supporting the provision of additional commercial space where it is most needed; and,
- Business Growth – to accelerate the momentum of business growth by offering targeted, coherent and approachable support and advice.
The Plan forms the basis of their ongoing negotiations with Government to agree the best possible Growth Deal for their local area.
You can download a copy of theirStrategic Economic Plan here, and the supporting Delivery Plan here.
