Our Annual Report sets out our key achievements over the past financial year. As the below infographic shows, the LEP's core Local Growth Fund outputs delivered over 2018/19 include:
Over the past year, the role of Local Enterprise Partnerships has been consolidated by Government with a mandate to develop Local Industrial Strategies that play to each area’s strengths. Since 2018, this has been our key focus.
Our draft Local Industrial Strategy takes our Strategic Economic Plan to the next step and will help set the roadmap for a generation. Our emerging strategy is a core element of the wider Hertfordshire Growth plan and plays to our significant assets in advanced engineering, creative industries, information technology, life sciences and smart construction.
Across the county, there are tangible examples of the Local Industrial Strategy in action, where LEP investment has made a real difference to our people, places and businesses. We are managing over £309m of UK public funds and overseeing the investment of EU funding. With an expanded team operating from our new office at One Garden City, Letchworth, we are now at a scale that enables us to be more responsive than ever to the needs of local communities by delivering strong, sustainable economic growth.
Mark Bretton, Chair, Hertfordshire LEP, said: “LEPs were created to be business-led, constructive disruptors for growth. Hertfordshire LEP with its key partners continues to be the catalyst in the county and our Local Industrial Strategy will pave the way to create even more opportunities for future shared prosperity.”
Watch our 2019 Impact Report video to see the progress we have made over the past year: