LEPs get their start-up cash

Local enterprise partnerships have been allocated slices of the £5m start-up fund from the department for business, innovation and skills.

The government said on Tuesday it had received 32 proposals from the partnerships, of which there are 37 in total. Of the bids received, 18 partnerships were offered their bid in full and 14 were offered a reduced amount.

Mark Prisk, business minister, said: "The start-up fund will allow them to pay for things such as training for the board members, as well as support their work engaging with the wider business community. In some cases, the partnerships have come up with some really innovative ways of using this money."

The start-up fund is a one off pot of money for 2011-12. As part of each partnership's bid, they had to demonstrate how they would become self-sustaining in the future. Most LEPs will be funded by cash and in-kind contributions from local authorities and private sector supporters in the sub-region.

In percentages, each partnership received the following proportions of funding bid for:

  • Cheshire & Warrington 90%
  • Liverpool City Region 100%
  • Cumbria 100%
  • Greater Manchester 100%
  • Sheffield City Region 68%
  • Coast to Capital 75%
  • North Eastern Local Enterprise Partnership 90%
  • Greater Cambridge and Greater Peterborough 90%
  • Leeds City Region 69%
  • Enterprise M3 100%
  • Tees Valley Unlimited 91%
  • South East 100%
  • Coventry and Warwickshire 100%
  • Thames Valley Berkshire 100%
  • Hertfordshire 90%
  • New Anglia 100%
  • Dorset 95%
  • Humber 100%
  • Leicester and Leicestershire 97%
  • Stoke and Staffordshire 98%
  • Heart of the South West 100%
  • Greater Lincolnshire 100%
  • Greater Birmingham and Solihull 73%
  • The Marches 93%
  • York and North Yorkshire 100%
  • South East Midlands 100%
  • Solent 100%
  • Cornwall and the Isles of Scilly 100%
  • The Black Country 100%
  • West of England 100%
  • Derby, Derbyshire, Nottingham, Nottinghamshire 69%
  • Worcestershire 100%

Lancashire LEP was not on the list. In a footnote to the BIS announcement it said 'partnerships that already had these functions in place were not able to bid for a share of the fund. The bids needed to demonstrate that they can bring in other sources of funding as well, and that they have a plan to become self-sustainable.'

No-one from Lancashire LEP was immediately available to comment.

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