Minister meets with LEP for talks on draft economic plan

February 7, 2014
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Minister hears of Marches’ track record during visit The Marches has a track record for delivering ‘big ticket’ infrastructure projects despite difficult economic conditions, Government Minster Greg Clark MP was told…
Minister hears of Marches’ track record during visit
The Marches has a track record for delivering ‘big ticket’ infrastructure projects despite difficult economic conditions, Government Minster Greg Clark MP was told during a visit to Telford to meet with the region’s LEP leaders.

Cities Minister Mr Clark toured the £250 million Southwater redevelopment in Telford following talks with the Marches LEP to discuss the partnership’s draft Strategic Economic Plan (SEP) published earlier this week.
The plan sets out how the Herefordshire, Shropshire and Telford & Wrekin region could, with the right private sector and Whitehall financial support, deliver more than 72,000 new homes and 40,000 new jobs.
Partnership Chairman and Telford businessman Graham Wynn OBE, who hosted the visit on Monday (Feb 3) , said: “We were delighted to welcome the Minister to the Marches and to be able not only to tell him about our track record in delivering infrastructure projects, but to show him a great example of what is already being achieved here.
“I was encouraged by our meeting, and our discussions on how a region like ours, with a large rural economy, can be a trailblazer. We have major infrastructure projects ongoing and in the pipeline, not just Southwater in Telford but also the £150m Riverside scheme in Shrewsbury and the city centre redevelopment in Hereford.
“These are proof that with the private support and financial levers, we can deliver the big ticket items which will create jobs, homes and grow the regional economy. We discussed the Marches strategic priorities, and what issues need addressing to allow this area to reach its potential.”
The Marches draft SEP has been submitted to Government for feedback and comments, which are also being invited from the region’s business community. A LEP conference will be held at the Wroxeter Hotel, near Shrewsbury, on February 25 between 5pm and 7.30pm where details of the draft plan will be presented. The plan will also be discussed at the Hereford Business Summit on February 28 from 8am to 11am at Holme Lacy House Hotel. Details of how to book will be released shortly.
The 100-page document can be viewed at www.marcheslep.org.uk and a consultation response form is available for download. Comments can also be sent to business.consultation@marcheslep.org.uk by the end of the month.
The final Strategic Economic Plan will be submitted to Government by the end of March.

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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: www.marchesgrowthhub.co.uk | email: enquiries@marchesgrowthhub.co.uk.

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

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: gary.spence@shropshire.gov.uk

For any finance queries please contact: michelle.hodgkiss@shropshire.gov.uk

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

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