Since being established in 2011, the LEP has developed a comprehensive growth strategy, investment framework and delivery programme for Lancashire on a scale never seen before.
A key priority has also been to address the area’s long term under performance in positioning and marketing of the Lancashire offer to potential new investors, occupiers and businesses.
Today we can be proud of our achievements which have helped not only to grow the local economy but have also changed perceptions of the county.
We are today recognised as a high-quality, attractive and investment-ready destination with a ‘can do’ attitude towards generating growth, creating jobs and opportunities, and increasing prosperity for all Lancastrians.
A Thriving Lancashire
- With 52,350 businesses generating £29bn every year we are one of the largest economies in the Northern Powerhouse
- We are one of the world’s leading regions for aerospace, engineering and advanced manufacturing and we employ 85,000 workers within these sectors
- We are home to some of the UK’s most highly rated, popular and respected universities including the University of Lancaster and the University of Central Lancashire
- We welcome over 67m visitors every year
- We have fantastic connectivity to all of the North’s major conurbations, ports and airports and we are just two hours from London via train
Trusted By Government
- At over £320m, we have secured one of the largest Growth Deal funding programmes anywhere in the UK
- This money is actively supporting 44 major employment, infrastructure and skills projects across the county which are on course to generate 11,000 jobs, 3,900 homes and leverage £1.2bn of additional private sector investment
- We are also the only region in the UK to have been awarded four Enterprise Zone sites at Samlesbury, Wharton, Hillhouse and Blackpool Airport
- In 2018 we were selected by government to launch the UK’s first Local Digital Skills Partnership with DCMS
Supporting Our Future Workforce, Businesses & Local Communities
- We operate one of the UK’s most successful Enterprise Adviser Networks with over 130 local volunteer business leaders supporting 120 schools and colleges to help raise levels of employability
- We fund and manage the Boost business support service which has supported over 5,000 SMEs, added £74m of economic activity the local economy and has helped to create more than 2,200 new jobs
- Our Social Value Toolkit, and our social value procurement priorities, has helped to generate over 250 graduate employment placements, over 390 apprenticeships, over 100 contracts for local SMEs and Social Enterprises and has further created jobs for disadvantaged Lancashire residents