LEP Business Plan
2016-17 will see the LEP continue to become more visible in the business community, engage with our partners and monitor and evaluate implementation of programmes under our direct responsibility.
This year sees the culmination of much hard work achieved in partnership with the private and public sectors. In 2015 /16 Cornwall achieved its own Devolution Deal, the much anticipated Cornwall and Isles of Scilly EU Growth Programme finally went live and the LEP commenced implementation of its own £200m Growth Deal programme.
There remains much to do however, with the CIoS economy still lagging behind other areas of the UK and Europe in terms of productivity gains and overall value – measured in things like average salary levels, quality of skills, export numbers, ‘Gross Value Added’ and ‘Gross Domestic Product’. Our key focus is to drive productivity and to address the continuing issues faced by business and people. This year we will prioritise support for improved skills and employment: this is one of the key barriers to productivity-led growth and can be seen in the low wage economy that still holds back our economic performance.
Nonetheless, business confidence overall remains strong, we have a great partnership between the public and private sectors. As a refreshed Board, we are excited about and committed to delivering our plan and the resulting benefits for Cornwall and the Isles of Scilly.
In 2015 the Cornwall and Isles of Scilly Local Enterprise Partnership (CIoS LEP) launched a three year business plan covering the period to March 2018. Each business year we set out in detail our priorities for the year ahead. This 2016-17 implementation plan comes at a crucial point in the economic development of our region. 2016 is the tipping point from strategy to delivery for both the LEP and our partners.
You can download our 16/17 LEP Business Plan here
Please note that the 17/18 LEP Business Plan will be uploaded by the end of March 2017.