nep catalyst libraries event june 2013
DESCRIPTION
TRANSCRIPT
Northamptonshire loves supporting business
• Introducing Northamptonshire LEP
• Supporting business
• Working with Northamptonshire Library service
Primary Purpose
• Jobs
• Growth
• Prosperity The place for enterprise
Key Themes
• Supporting enterprise and entrepreneurship
• Developing skills and improving employability
• Securing European and international investment
• Investing in Infrastructure and the environment
• Promoting Northamptonshire
Results to date…
• 1500 jobs created with NEP support • 21 inward investments • 86 new businesses started • 500 individuals supported through pre-start
programmes • 1500 local businesses supported • £7.7M private leverage; £6M public leverage
Result !
SME stats
• 97% of Northamptonshire businesses are SMEs
• 80% of Northamptonshire business employ less than 10 people
• Over 3 million self-employed ‘one man bands’ in the UK
– If each of those employed just one person???
• Vital to support and nurture.
Supporting existing business
• Relocation to Northamptonshire
• Key sector support
• Business parks
• Funding
• Recruitment support
INV-ENT case study
What
• Stimulate innovation & growth
• Enable job creation
How
• Business rate “rebate”
• Grants of up to £20,000
• 2 funding rounds per year
Spraylat International Ltd, Corby
Developing a new, green product for aerospace industry
“INV-ENT funding will enable us to invest in new equipment to manufacture the product and to launch in the UK, Europe and internationally.”
Job brokerage case study
What
• Address recruitment needs of growing companies
• Tackle youth unemployment
How
• Single point of contact
• Tailored recruitment solutions
• Discuss funding available
• Make contact with training providers
• Advertise job vacancies
• Matching and screening
Physio First, Northampton
Business growth cycle
Maturity
Growth
Start-Up
What support do people need when starting a business?
• Funding
• Legal guidance
• Managing money
• Marketing
• Someone to talk to!!!
Working with Northamptonshire Libraries
• Identify common goals
• Pool resources
• Training
• Start small
• Learn and grow
Start-up support
Feedback so far …
• “A good service and it was free!” • “Fantastic insight; now know how to get started,
has eliminated some fears. Thank you!” • Friendly and informative • Excellent facility for people to start a new
business • I found this really useful, informative and
motivational • Many thanks for a great session! (and the
biscuits!)
LEPs: the future
• Heseltine Review
• Witty Review
• Spending Review
• Single Pot for Growth
• EU funding
... Opportunities for partnership working.
