The new Local Enterprise Partnerships: an initial assessment: first report of session 2010–11: volume II

The new Local Enterprise Partnerships: an initial assessment: first report of session 2010–11: volume II
Document type
Report
Corporate author(s)
Great Britain. Parliament. House of Commons. Business, Innovation and Skills Committee
Publisher
TSO
Date of publication
9 December 2010
Series
Parliamentary Papers. Session 2010-2011; HC434-II
Subject(s)
Small business & enterprise: the practicalities of running a small business and the theory of entrepreneurship, Trends: economic, social and technology trends affecting business
Collection
Business and management
Material type
Reports

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This report contains the oral and written evidence given to Business, Innovation and Skills Committee for the report into the creation of Local Enterprise Partnerships (LEPs), indicating the broad support of the Committee for LEPs as a way of addressing local growth. In particular the Committee recognises the potential of LEPs to offer a greater focus on local economic needs, and build on the affinity between business, local government and other partners at a local level. LEPs also offer opportunities to improve on the achievements of the Regional Development Agencies (RDAs), but it would be a retrograde step were the RDAs' successes in overcoming unfruitful local rivalries to be lost in a disorderly competitive scramble. It is right that LEPs should compete at certain levels, but there will be an equally important need for them to collaborate where it makes economic sense. Mechanisms should be put in place to encourage this. The Committee also recommends that the Government monitor very closely the overall performance of LEPs against the Scottish and Welsh enterprise bodies, especially as, unlike those bodies, LEPs will need to be broadly self-financing. This is volume 2 of 2 of the report.

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