During 2021, we are celebrating our 10 year anniversary.
Over the past decade, through our programmes including the Local Growth Fund; Growing Places Fund; Getting Building Fund; Regional Growth Fund; City Deal; and Enterprise Zones, we have invested £200,498,569 in the local economy of Leicester and Leicestershire.
Total match funding from the public, private and third sectors has reached £358,030,763, meaning that an overall total of £558,520,332 – or approximately £56 million per year – has been invested in Leicester and Leicestershire through the LLEP.
Total jobs created
- Our investments have created 6212 jobs to date, and safeguarded 302 more.
- We’re on course to create another 8,430 jobs in Leicester and Leicestershire.
- The LLEP has supported 9,984 learners alongside partners including MIRA Technology Institute and Leicester College, and we’re on target to support another 2117.
- The Business Gateway has supported 5,298 learners through seminars and workshops.
- Our Peer Networks have helped 559 learners upskill, increasing the talent of our local workforce.
- The LLEP Careers Hub and Enterprise Adviser Network supports over 90% of schools and colleges in Leicester and Leicestershire to improve their careers education provision.
Investment in innovation
We have invested approximately £6.5 million in innovative projects through our Local Growth Fund, Getting Building Fund, Growing Places Fund and Regional Growth Fund
Our two Enterprise Zones (MIRA Technology Park and the Loughborough and Leicester Science and Innovation Enterprise Zone) continue to break boundaries in innovation.
- We have supported 11,511 businesses through the Business Gateway and the LLEP.
- We are on course to support another 1,770, bringing the total number supported to 13,281.
Ten years of Local Enterprise Partnerships - Midands Engine Region
New figures show the nine LEPs in the Midlands have delivered £4.1 billion of Government investment into the area, unlocking a further £11.1 billion of match funding from private, public and Voluntary, Community and Social Enterprise (VSCE) partners.
LEPs are flexible and agile and their response to Covid-19, the EU Exit and future skills challenges has been made possible thanks to the unique way they bring public, private, and academic sectors together to create joined-up solutions.
Together the Midlands LEPs have driven forwards locally informed and sustainable investments creating over 75,000 jobs so far and they are on target to create over 200,000, as they collectively support the Covid-19 recovery and develop opportunities for inclusive and sustainable economic growth.
You can watch the short impact video we produced below.View the full news story about Midlands Engine LEPs