I am thrilled and honoured to have been asked to take on the role of chair of the Greater Lincolnshire LEP. It is an incredibly exciting time for Lincolnshire as we discuss devolution, attract and create new businesses and jobs, and develop critical infrastructure.
It is important that we all play our part. Growth and success for the region cannot be achieved by any one or even a few institutions, and I look forward to working with partners across the region collectively.
I would like to thank Pat Doody for his last three years as chair and eight years as a member of the Board. Both Pat and before him Ursula Lidbetter, together with Ruth Carver as CEO and the wider team, have given the Board a clear strategy to help the county achieve economic growth.
I would also like to welcome to the LEP Board four new non-executive directors drawn from across private third sectors; Liam Scully, CEO of Lincoln City FC, Shaun Povey, Head of Strategic Planning & Projects at Siemens, Nikki Cooke, CEO of LIVES and Mark Webb, CEO of Grimsby-based business support group E-Factor. Their expertise will be invaluable to the region and help cement that strong partnership of private, public and education leaders which has been so successful.
At the University of Lincoln, we are now beginning to implement our strategic plan, in which our purpose and vision aligns well with that of the LEP.
We want to help transform lives and communities, attract talent from around the globe to create for Lincolnshire a virtuous circle of opportunity, prosperity, and economic growth. As a university, and as enterprise partners, we need to be transformative, enabling a prosperous region in an inter-connected world.
Much like the University, the LEP's success has been underpinned by a strong partnership of private, public and education leaders. It has unlocked investment worth over £500 million for transformational schemes and is fundamentally improving the economy and infrastructure of Greater Lincolnshire. In the Spring Budget, the Chancellor stated that he was minded to transfer some responsibilities away from LEPs across the country and therefore one of my first challenges, will be to Chair the Board through this possible short term disruption to ensure that Lincolnshire can continue to deliver investments that transform the lives of those who live here and we welcome the strength of support received already from local authorities and both the business and academic communities on the importance and value the LEP continues to deliver.
Together with our many local partners, who are increasing and diversifying, Lincolnshire has made significant progress in raising the aspiration and profile of our collective economic ambitions. LEP programmes have delivered economic growth for well over a decade now and I intend to ensure that this continues at pace for our remarkable region.
The LEP’s key collective achievements have been refining its strategy using game changers as part of the area’s economic focus. The growth in the four game changing areas – food, defence, energy and the freeport – has been nothing short of exceptional but we must continue to create jobs and invest in key assets. Greater Lincolnshire can lead the country's efforts to innovate and grow the skills in these critical areas and other sectors
The LEP will continue to support the Greater Lincolnshire bid for devolution with the increased powers that would bring.
Our consultation with the business community last year showed that the majority support the principle of devolution, and in the spring Budget the Chancellor committed to further discussions on devolving power and money to the regions.
There was also an announcement that new Levelling Up Partnerships worth over £400m will support regeneration in 20 of England’s areas most in need of levelling up between now and 2025. Boston is one of the beneficiaries and we look forward to seeing the results of this investment.
As an engineer, I believe my deep knowledge of the sector, together with business acumen and existing high-profile partnerships that are far reaching, will be an advantage as we promote and strengthen the manufacturing and engineering heritage of Greater Lincolnshire.
Since 2010 the LEP has created over 3,500 jobs and 800 new businesses and delivered 75 major growth projects and programmes.
I’m also particularly proud of our Careers Hub where more than 100 Enterprise Advisers from across business and industry have supported over 8,500 learners, apprentices and students in their career choices.
We are 180+ leaders, and growing, we must continue to harness our economic ambitions for Greater Lincolnshire and Rutland. We know it is a great place to live, work, and invest, it is my responsibility as chair of the LEP to help ensure the world knows this too.