The UK’s 39 Local Enterprise Partnerships (LEPs) have submitted their Strategic Economic Plans to Government. Northamptonshire Enterprise Partnership (NEP) will put forward their most ambitious economic plan to date which will further cement Northamptonshire’s position at the forefront of the UK’s economic recovery. NEP’s strategy will target growth at 1% higher than the national average increasing our current economy from £16billion to £20billion by 2021.
Government invited all LEPs in England to submit plans detailing how they will support their local economies to grow and how Government investment could best be used to deliver this. NEP’s plan is the result of extensive collaboration with a wide range of local partners from the private, public and voluntary and community sectors. It focuses on four key areas business and innovation, employment and skills, infrastructure and connectivity and housing, which will help Northamptonshire’s economy to grow further faster. By 2021, NEP plans to build 37,000 new homes and stimulate a £4billion boost in the local economy which will create over 32,000 new jobs for local people.
Jo Lappin, Chief Executive, NEP said: “More than 180 people from businesses and key organisations across Northamptonshire shared their thoughts with us, which informed and shaped our Strategic Economic Plan. We are confident that this Plan will help our businesses to grow and prosper and create new jobs for Northamptonshire. It will also support house building and create the infrastructure that we need for our growing population.”
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