The Government’s Industrial Strategy sets out a vision to build a more productive economy with a global competitive edge in the future.
The white paper, first published in November 2017, focusses on the 5 foundations of productivity – ideas, people, infrastructure, business environment and places.
Central to the development of Industrial Strategy is a clear focus on communities. Thus, the Marches LEP has begun developing its own Local Industrial Strategy – identifying local strengths and challenges, future opportunities and ways in which we can boost productivity, earning power and competitiveness.
Our initial work has focussed on working with local stakeholders and businesses to gather an evidence base and to better understand the challenges and opportunities faced by our key sectors and leading industries.
This work, coupled with our Strategic Economic Plan (SEP), is helping us to consider the actions needed to boost the business productivity and growth of our area in an inclusive and sustainable way.
Prior to formal negotiation with government, the LIS will be presented to our business communities at two events in October 2019.
More information on the Industrial Strategy can be found here and below: