North East Local Enterprise Partnership publishes its Annual Review 2019-2020
The chief executive of the North East Local Enterprise Partnership (LEP), Helen Golightly, has paid tribute to the LEP’s ‘exceptional’ team and spoken about how the region’s inbuilt resilience and strong community will see it through the Coronavirus crisis, in its Annual Review, published today.
Referencing the annual Government review of all Local Enterprise Partnerships, which resulted in the North East LEP being marked exceptional for its delivery, Golightly said: “This demonstrates our strong leadership and solid implementation to ensure that our strategic projects are delivered to make the maximum impact to boost economic development and create more and better jobs.”
The Annual Review 2019-2020 sets out the progress that has been made against the six targets in the Strategic Economic Plan, in relation to the number, quality and type of employment opportunities available, the proportion of the workforce that is in employment and economically active, and productivity.
The two headline targets are to increase the number of jobs between 2014-2024 by 100,000 and for 70% of these jobs to be ‘better jobs’.
While COVID-19 has since made these targets more difficult to achieve, by December 2019 total employment had increased by 57,000. Employment in ‘better jobs’ had increased by 70,400.
Other key achievements in the last twelve months have included the North East Growth Hub becoming a critical resource for North East businesses, offering support on the EU Exit and how to best mitigate the impact of Coronavirus.
The launch of a second Good Career Guidance Benchmarks pilot has also taken place in the North East LEP region, this time focusing on primary schools.
The Government announced in March 2020 that the North East will be at the centre of investment in innovation, while a highlight within the North East LEP’s transport programme has been the region collectively securing £198m from the Transforming Cities Fund to invest in key sustainable transport projects.
Speaking about the challenges currently being faced by businesses, North East LEP Chief Executive Helen Golightly said: “These may be truly uncertain and turbulent times but rest assured, we continue to support businesses and communities.
“This region is not frightened of a challenge and I am confident that our inbuilt resilience and strong community identity will carry us through to the recovery when we will do everything we possibly can to ensure our regional economy is back to pre-COVID-19 levels – and stronger again.”
This was posted in Bdaily's Members' News section by North East LEP.