Marches LEP celebrates overseas investment

July 11, 2018

Figures released show that over 840 jobs were either created or safeguarded across the Marches region during 2017-2018 as a result of investment from foreign businesses.

The report, published by the Department for International Trade last week, highlights that out of 15 investments across the Herefordshire, Shropshire and Telford & Wrekin region in the past year, two-thirds were as part of expansion strategies by foreign businesses – a fact that Gill Hamer, Director of the Marches LEP, believes underscores the region’s enduring appeal. She comments:

Whilst it is always encouraging to welcome new businesses in to the region, when we see those that have already chosen to invest in the Marches further expand their operations and invest further, it demonstrates the extent to which they appreciate all that the area has to offer.”

The local authority partners of the Marches LEP also secured investment from an additional five ‘multi-region’ FDI projects where the investment was spread across a number of geographical areas of the UK.

Advanced engineering; food and drink; and business and consumer services were all well-represented across the foreign investments that benefitted the region in the past twelve months and Gill Hamer concludes:

Investment from a broad spectrum of business sectors serves to demonstrate just how diverse the Marches region is. This diversity helps us maintain a competitive edge vis-a-vis other regions where there may be more of an exclusive focus on just one or two sectors and is, I believe, one of our key selling points.

Of course, without the support and hard work of the investment teams at our three local authority partners, it would be impossible for the Marches LEP and the Department of International Trade to convert our unique proposition in to investment leads which convert in to tangible growth for the region.”

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The Marches Local Enterprise Partnership has now ceased trading and transferred all its functions to Shropshire Council working with Telford & Wrekin Council and Herefordshire Council, in line with the UK Government's plans for devolution.

The Marches LEP was established in 2011 and hands over an impressive legacy from its 13-year life. In that time the LEP invested over £196m in projects across the Marches, securing in excess of £100m of match funding and supported more than 66,000 business interactions.

The schemes supported have made tangible differences to local communities, increasing skills, creating jobs and improving the physical appearance of many towns.

We would like to thank all the LEP Board Members who have given their time freely over the life of the LEP, as well as all the staff who worked for the LEP over the years. We also want to thank our delivery partners, local education providers and local, regional and national stakeholders who helped us achieve so much.

The Marches Growth Hub will continue to support businesses and will be managed by Shropshire Council, supported by Telford and Wrekin and Herefordshire Councils. Each of the three Local Authorities will also continue to provide direct business support locally. Details of this support will be available through the Marches Growth Hub website and from the Local Authorities directly. Website: | email:

The Marches Careers Hub will continue to be delivered and will be managed by Shropshire Council, supported by Telford & Wrekin and Herefordshire Councils. Website: | email:

For any queries about Getting Building Fund (GBF), Local Growth Fund (LGF) and Marches Investment Fund (MIF) projects supported by the Marches LEP please contact:

For any finance queries please contact:

The solvent liquidation of the Marches LEP is being managed by the Evelyn Partners Limited. For any matter related to this please contact:

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