Chamber Chat: Consultations begin on region’s plan for growth

Andy Wood, chairman of New Anglia Local Enterprise Partnership
Andy Wood, chairman of New Anglia Local Enterprise Partnership
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The Chamber is pleased to be taking part in the consultation for the New Anglia Local Enterprise Partnership Plan for Growth. This message from Andy Wood, chairman of the New Anglia LEP, sets out briefly the aims of the plan and its importance for our region.

Bury St Edmunds and the surrounding area has a thriving business community. Advanced manufacturing, financial services, retail and tourism are important sectors, locally. Coupled with Bury’s easy access to the Port of Felixstowe, proximity to the A14, A11, Cambridge and Silicon Fen, Bury St Edmunds has great potential for business growth.

We want to help unlock this potential and, working with you, develop a Plan for Growth.

New Anglia Local Enterprise Partnership (LEP) helps to grow jobs and remove the barriers to business growth in Suffolk and Norfolk. We are developing the New Anglia Plan for Growth and I’d like to invite you to help shape the plan and have your say on the framework and content, which will affect businesses locally, as well as across Suffolk and Norfolk.

LEPs have been asked by the Government to develop plans which will help coordinate economic development in local areas and prioritise investment by central Government and local partnerships. Bury St Edmunds is within two LEPs, New Anglia and the Greater Cambridgeshire and Greater Peterborough Local Enterprise Partnership (GCGP), with whom we work closely.

Our plan will build on existing strategies developed by colleagues in the two counties including Growth the Suffolk Way – as well as more locally based plans developed for districts and boroughs.

It will also build on New Anglia’s sector growth strategy and green economy pathfinder manifesto.

Developing a single, coherent plan will enable Suffolk and Norfolk to be in a strong position to take advantage of investment opportunities presented by the Government’s decision to create a single funding pot for economic development and the development of the new European funding programme.

The New Anglia Plan for Growth is due to be submitted to Government at the end of April.

We are currently consulting on the key elements of the framework – giving individuals and businesses the chance to comment on the structure of the document.

Visit www.NewAnglia.co.uk. to read the document. Your views can be emailed to charlotte.rogerson@new
anglia.co.uk.

During this month a second consultation will begin on the draft plan itself – and we will be inviting further comments then. The final plan will be agreed by the New Anglia Local Enterprise Board board in late April.

Work on the New Anglia Plan for Growth will not stop there – we will continue to update and refresh the document during the course of the year to take account of consultation feedback, changing economic circumstances and the Government’s requirements.