4. Key Themes
• Supporting enterprise and entrepreneurship
• Developing skills and improving employability
• Securing European and international investment
• Investing in Infrastructure and the environment
• Promoting Northamptonshire
5. 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
7. 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.
8. Supporting existing business
• Relocation to Northamptonshire
• Key sector support
• Business parks
• Funding
• Recruitment support
9. 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
10. 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.”
11. 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
17. 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!)
18. LEPs: the future
• Heseltine Review
• Witty Review
• Spending Review
• Single Pot for Growth
• EU funding
... Opportunities for partnership working.
19. We’d love to hear from you!
fiona.ozdemir@northamptonshireep.co.uk