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Northamptonshire Enterprise
Partnership
Fiona Ӧzdemir, Project Manager
LEP context
• 39 LEPs in England
• Existed since 2011
• Voluntary, private sector led partnerships with
remit to determine local economic priorities, drive
local growth and job creation.
• All very different in composition
LEP context - NEP
• Working with business for business
– Private sector led, local government funded

• A Local Enterprise Partnership – a LEP
– Working with government and representing
Northamptonshire to government
• Acting to encourage support and stimulate the economy
– Skills
– Infrastructure
– Business Support
– Company and other investment
LEP context
“Our vision for local growth – unleashing the
ambition and creativity of local leaders, by
devolving resource and responsibility to those
places which can demonstrate credible and
compelling economic leadership, in pursuit of
growth.”
Michael Heseltine October 2012
LEP context
SUPPORTING BUSINESS TO REALISE
OUR GROWTH AMBITION

Part 1: Established businesses
Why support SMEs?
• 96% of Northamptonshire businesses are
SMEs
• ¾ of them employ less than 5 people
• Growth potential
• Need support and encouragement
Supporting existing business
•
•
•
•
•

Relocation to Northamptonshire
Key sector support
Business parks
Funding
Recruitment support
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
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.”
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
Sean & Andrew
Knights of Old
Promoting Northamptonshire
• Innovative campaign championing
Northamptonshire as a location for business
investment
• Collaboration between public and private sector;
• Positions Northamptonshire as a cost-effective,
conveniently located County just one hour from
London
Love Northamptonshire
SUPPORTING BUSINESS TO REALISE
OUR GROWTH AMBITION

Part 1: New businesses
What support do people need when
starting a business?
•
•
•
•
•

Funding
Legal guidance
Managing money
Marketing
Someone to talk to!!!
Working with NLIS
•
•
•
•
•

Identify common goals
Pool resources
Training
Start small
Learn and grow
Enterprise Hub customer journey
Information
resources

Effective
Websites

Social Media

Is it for me?

Networking

Start-Up
Grant

Business
planning

Tax & record
keeping

Skills
exchange
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!)
Questions or comments?

Fiona Ozdemir
fiona.ozdemir@northamptonshireep.co.uk

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Nep libraries event feb 2014

  • 2. LEP context • 39 LEPs in England • Existed since 2011 • Voluntary, private sector led partnerships with remit to determine local economic priorities, drive local growth and job creation. • All very different in composition
  • 3. LEP context - NEP • Working with business for business – Private sector led, local government funded • A Local Enterprise Partnership – a LEP – Working with government and representing Northamptonshire to government • Acting to encourage support and stimulate the economy – Skills – Infrastructure – Business Support – Company and other investment
  • 4. LEP context “Our vision for local growth – unleashing the ambition and creativity of local leaders, by devolving resource and responsibility to those places which can demonstrate credible and compelling economic leadership, in pursuit of growth.” Michael Heseltine October 2012
  • 6.
  • 7. SUPPORTING BUSINESS TO REALISE OUR GROWTH AMBITION Part 1: Established businesses
  • 8. Why support SMEs? • 96% of Northamptonshire businesses are SMEs • ¾ of them employ less than 5 people • Growth potential • Need support and encouragement
  • 9. Supporting existing business • • • • • Relocation to Northamptonshire Key sector support Business parks Funding Recruitment support
  • 10. 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
  • 11. 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.”
  • 12. 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
  • 14. Promoting Northamptonshire • Innovative campaign championing Northamptonshire as a location for business investment • Collaboration between public and private sector; • Positions Northamptonshire as a cost-effective, conveniently located County just one hour from London
  • 16. SUPPORTING BUSINESS TO REALISE OUR GROWTH AMBITION Part 1: New businesses
  • 17. What support do people need when starting a business? • • • • • Funding Legal guidance Managing money Marketing Someone to talk to!!!
  • 18. Working with NLIS • • • • • Identify common goals Pool resources Training Start small Learn and grow
  • 19. Enterprise Hub customer journey Information resources Effective Websites Social Media Is it for me? Networking Start-Up Grant Business planning Tax & record keeping Skills exchange
  • 20. 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!)
  • 21. Questions or comments? Fiona Ozdemir fiona.ozdemir@northamptonshireep.co.uk