Earlier in 2020 we published our Route Map to Recovery, setting the broad direction of returning to growth. We’re now publishing more details on how the LEP will deliver this work in the coming year.

The approach is firmly based on the Local Industrial Strategy (LIS) which was published in November and which sets out the distinctive assets and opportunities to tackle our structural challenges and increase prosperity through clean and inclusive growth. The evidence behind this remains robust and in fact Covid-19 has demonstrated again that the underlying weaknesses in our economy mean that economically this area is one of the hardest hit in the country when crises hit. Build Back Better takes the LIS and sets out more detail on how we will deliver the opportunities and so respond to the impact of COVID.

 

Build Back Better is released as a draft document and we are seeking feedback from our partners from across the area over the next few weeks. We will use this to refine and finalise it in early 2021. We are specifically seeking feedback on the five questions below and responses should be sent to info@heartofswlep.co.uk by Friday 22 January.

  1. Does Build Back Better give the right balance to achieve clean and inclusive growth based on our specific opportunities and local recovery plans? If not, how could this balance be improved?
  2. Build Back Better sets out 15 programmes to focus on: are these programmes the right ones in the context of the LIS and Covid recovery? Are there any which should be a particular priority?
  3. Recognising the often lengthy timeframe to address structural challenges, how could success best be measured?
  4. Together, does the document establish an investable and distinctive proposition against which to develop future funding opportunities, e.g. UK Shared Prosperity Fund or Innovate UK funding?
  5. Is there anything else the LEP should do, or stop doing, to help our area Build Back Better?

 

In addition to Build Back Better, our specialist sector leads are developing propositions for the key sectors in the area: Nuclear, Aerospace, Marine, Manufacturing, Tourism, Culture, High Streets and Construction – that have been hard hit and present economic opportunities for recovery and growth with additional interventions. The Nuclear, Aerospace and Tourism propositions can be seen here and the others are in development.

LEP COVID Response Sector Factsheets

LEP COVID Response – Aerospace

Document type: PDF Factsheet

Prepared by: Heart of the South West LEP

Date:

LEP COVID Response – Nuclear

Document type: PDF Factsheet

Prepared by: Heart of the South West LEP

Date:

LEP COVID Response – Tourism

Document type: PDF Factsheet

Prepared by: Heart of the South West LEP

Date: