financial instruments, instead of offering grants. (S2.2) A LEP-wide investment plan, Establish through three central pillars the investment H with clear priorities for investment priorities in the short, medium and long term, and develop linked to strategic priorities an investment plan from this basis (S2.3) Ongoing development of new Investigate the potential benefits of LEP-wide business rate H forms of resource to support localisation, and submit proposals as appropriate to the delivery of LEP priorities Government. Discuss with Government options and opportunities for new H means of funding economic development Develop initial proposals, via the City Deal, for delivery of M European structural funds which give city regions the appropriate levels of delegated flexibility, accountabilities and funding to deliver growth (S2.4) Uplift in business rates from Deliver Investment Plan and refine as projects progress - H Enterprise Zone(s) acting as a setting out priorities for investment source of investment to underpin LEP-wide priorities Develop GBS Finance as a mechanism of managing EZ funds H and maximising their potential Interdependent Enabler Immediate actions to deliver the vision Role S3. The GBS LEP supports a sustainable approach to economic growth (S3.1) Sustainable approach to Deliver LEP planning charter which encourages sustainable H growth, which provide the best and quality development outcomes for the human and natural environments, both now Prioritise, through Business, People & Place pillars, H and into the future sustainable solutions (S3.2) A programme of green and Work with Sustainability West Midlands to pilot M sustainable activity, showcasing the sustainability reviews on growth strategies, starting with the LEP as a leading figure in the GBS LEP strategy sustainability agenda Through the City Deal support the delivery of the UK’s first H Local Authority Green Deal Encourage green technologies and sustainable development L (across businesses and public sector in the LEP) (S3.3) A vibrant “green economy” As part of the City Deal Skills Ask work with Sustainability M across the GBS LEP West Midlands to help develop a new Green Jobs Technical Evidence Base and Green Jobs Prospectus Support associated infrastructure investments of research M institutions and universities, aligned to City Deal Skills ask
financial instruments, instead of offering grants. (S2.2) A LEP-wide investment plan, with clear priorities for investment linked to strategic priorities Establish through three central pillars the investment priorities in the short, medium and long term, and develop an investment plan from this basis H (S2.3) Ongoing development of new forms of resource to support delivery of LEP priorities Investigate the potential benefits of LEP-wide business rate localisation, and submit proposals as appropriate to the Government. Discuss with Government options and opportunities for new means of funding economic development Develop initial proposals, via the City Deal, for delivery of European structural funds which give city regions the appropriate levels of delegated flexibility, accountabilities and funding to deliver growth H H M (S2.4) Uplift in business rates from Enterprise Zone(s) acting as a source of investment to underpin LEP-wide priorities Deliver Investment Plan and refine as projects progress - setting out priorities for investment Develop GBS Finance as a mechanism of managing EZ funds and maximising their potential H H Interdependent Enabler Immediate actions to deliver the vision Role S3. The GBS LEP supports a sustainable approach to economic growth (S3.1) Sustainable approach to growth, which provide the best outcomes for the human and natural environments, both now and into the future Deliver LEP planning charter which encourages sustainable and quality development Prioritise, through Business, People & Place pillars, sustainable solutions H H (S3.2) A programme of green and sustainable activity, showcasing the LEP as a leading figure in the sustainability agenda Work with Sustainability West Midlands to pilot sustainability reviews on growth strategies, starting with the GBS LEP strategy Through the City Deal support the delivery of the UK’s first Local Authority Green Deal Encourage green technologies and sustainable development (across businesses and public sector in the LEP) M H L (S3.3) A vibrant “green economy” across the GBS LEP As part of the City Deal Skills Ask work with Sustainability West Midlands to help develop a new Green Jobs Technical Evidence Base and Green Jobs Prospectus Support associated infrastructure investments of research institutions and universities, aligned to City Deal Skills ask M M
GBS%20LEP%20Strategy%20for%20Growth%20White%20Paper.docx