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LONDON ECONOMIC
ACTION PARTNERSHIP
ANNUAL PUBLIC MEETING
18 MARCH 2019
DEBBIE JACKSON
INTERIM EXECUTIVE DIRECTOR – DEVELOPMENT,
ENTERPRISE & ENVIRONMENT
LOCAL ENTERPRISE PARTNERSHIPS
• LEPs first established Feb 2011 as
public/private partnerships to drive
economic growth locally
• Relaunched in Dec 16 as London
Economic Action Partnership – LEAP
• One of 38 LEPs across England
established to determine local economic
priorities and undertaking activities to drive
economic growth and jobs.
LEAP BOARD MEMBERS
• Chair: Sadiq Khan, Mayor of London
• Co Deputy Chair: Rajesh Agrawal, Deputy Mayor for Business
• Co Deputy Chair: Jules Pipe CBE, Deputy Mayor for Planning/Regen/Skills
• Co Deputy Chair: Angus Knowles-Cutler
• Natalie Campbell
• Dr Celia Caulcott
• Prof Greg Clark CBE
• Alexandra Depledge MBE
• Cllr Peter John OBE
• Sam Gurney
• John Newbigin OBE
• Cllr Teresa O’Neill, London Councils
• Collette O’Shea
• Simon Pitkeathley
• Rokhsana Fiaz OBE, Mayor of Newham
• Cllr Georgia Gould
B U S I N E S S M E M B E R S
Alex Depledge
MBE
Entrepreneur
Angus Knowles-
Cutler
Vice-Chair, Deloitte
Colette O’Shea
MD London,
Land Securities
Dr Celia
Caulcott
Vice-Provost
Enterprise, UCL
John Newbigin OBE
Founder, Chair Creative
England
Natalie
Campbell
Entrepreneur
Greg Clark
CBE
Economic
Strategist
Simon
Pitkeathley
CEO, Euston
and Camden
BIDs
LEAP’S ROLE
To identify and lead on specific priorities for enterprise and
entrepreneurship
To oversee funding for economic growth
To set and deliver the Royal Docks Enterprise Zone economic priorities and
allocate funding received through retained business
rates growth
To provide a powerful advocacy and lobbying voice
as a business-led body supported by London’s
boroughs and the Mayoralty
To support the development of a long-term vision for economic development in London, including support for delivering the Mayor’s statutory Economic Development Strategy
Dr Celia Caulcott
LEAP Member
THE MAYOR’S ECONOMIC
DEVELOPMENT STRATEGY
& LONDON’S LOCAL
INDUSTRIAL STRATEGY
EDS: GOOD GROWTH
EDS: A MORE INCLUSIVE ECONOMY
Fair Pay and Conditions
Workplace Wellbeing
Skills and Progression
Diversity and Recruitment
EDS: CREATING CONDITIONS FOR GROWTH
EDS: SUPPORTING LONDON’S SECTORS
Challenge:
Inclusive growth: ensuring all of London’s places, people and communities can contribute to and benefit from the city’s growth.
Aim 1:
Ensuring access to good work and fair pay in all London communities
Supporting policies
Aim 2:
Supporting inclusive innovation in London
Supporting policies
Aim 3:
Maximising London’s contribution to its local economies, its neighbouring regions and ultimately to nationwide prosperity
Supporting policies
L O N D O N ’ S L O C A L I N D U S T R I A L
S T R AT E G Y
Activity Indicative timeline
Production of evidence base December 2018 – July 2019
Competitive tendering of additional supporting research January 2019 – March 2019
Production of additional supporting research April 2019 – September 2019
Stakeholder engagement November 2018 – April 2019
Production of draft of LIS March 2019 – June 2019
Publication of draft evidence base July 2019
Review and endorsement July 2019 – November 2019
MD approval December 2019
Submit LIS to Government for approval ‘Early 2020’ (date tbc.)
Publication of LIS and final evidence base 2020, date tbc.
LIS TIMELINE
ENTERPRISE &
ENTREPRENEURSHIP
S I M O N P I T K E AT H L E Y
L E A P M E M B E R
CONNECTIVITY
PEOPLESPACE
Digital connectivity
Raising aspirations
Affordability
FlexibilityAvailability
Public sector to BusinessBig to Little
Business support
Recognising excellence
Good Growth
E N T E R P R I S E &
E N T R E P R E N E U R S H I P
THE GATEWAY TO BUSINESS SUPPORT IN THE
CAPITAL
• Brings together the capital 's vast business
support offer into a single onl ine resource
at www.growthhub.london
• The web portal is supplemented by free
programmes of events and face-to-face
support
• Includes a support search tool, business
events calendar, interactive workspaces
map and a whole range of useful
resources and information.
• Fully integrated with government’s
Business Support Helpl ine.
L O N D O N G R O W T H H U B
FA C E TO FA C E S U P P O R T
Property Advice Service
Diversity Roundtables
Business rates training for
workspaces
Brexit Hub & Navigating
Brexit for SMEs
2 0 1 9 D E L I V E RY P L A N
Workspace mapping
Digital skills
1 – pilot the accreditationVideo case studies
Growth Hub Roadshow
Mapping business support
Workspace Accreditation
H U B & S P O K E P R O J E C T
F U T U R E I N I T I AT I V E S
Recruitment of new Members for the
Workspaces Advisory Group is ongoing. We are
recruit ing:
• Users of workspace;
• Larger workspace providers;
• Wet Labs;
• Providers operating in London’s outer
boroughs;
• Developers of workspace;
• Local Authori ty representatives
The WAG wil l identi fy what the sector is going
to look in the future and how i t can be
supported.
W O R K S PA C E S
LONDON CO-INVESTMENT FUND
£85m fund set up to address current SME funding gaps. LEAP has
contributed £25m to this fund.
The scheme, delivered by Funding London and Capital Enterprise, aims to
leverage equity funding into early stage growth firms as they emerge from
private accelerators, incubators and support programmes
The investment period of the fund is due to come to an end at the end of
this month and we are currently reviewing the future of the fund.
The first exits have taken place recently:
Desktop Genetics acquired by Celixir plc and Bloomsbury AI team joining
Facebook to build their natural language processing capabilities and tackle
fake news.
LONDON CO-INVESTMENT FUND
Success stories: London Co-investment Fund to date:
• 173 investments have been
completed in 136 companies.
• Raised a total of £176m
raised in rounds, providing a
co-investment multiple of 7.3x
(target 2.9x)
• 1700 jobs have been created
to date and a further 379
have been safeguarded.
EUROPEAN STRUCTURAL INVESTMENT FUNDS
SIMON PITKEATHLEY
LEAP MEMBER
European Structural and Investment Funds Finance
Fund Allocation Committed Remaining Paid
ERDF £184m £175m £9m £42m
ESF (excl. Youth
Employment Initiative)
£471m £366m £71m £87m
European Structural and Investment Funds Beneficiaries
• New ESF call launched 28 February
• £71m available
• Supports access to employment, learning and skills
• Minimum £500,000 of ESF per project
• Delivery up to 3.5 years
• Activity should align with current provision
W H AT ’ S N E X T - 1
• HM Treasury guarantee – 24 July 2018
“…even in a no-deal scenario…. successful bids for EU funding until the end of
2020 will receive their full financial allocation and will continue to receive
funding over a project’s lifetime.”
• For more information
https://lep.london/european-structural-investment-funds
• Contact the European Programmes Management Unit (at the GLA)
LondonEUFunds
W H AT ’ S N E X T - 2
FUNDING FOR ECONOMIC GROWTH – DIGITAL TALENT PROGRAMME
CLLR GEORGIA GOULD
LEAP MEMBER
D I G I TA L TA L E N T P R O G R A M M E
A £7million investment to plug a growing digital skills shortage
in London’s labour market with diverse, home-grown talent
• Improve qual i ty and quanti ty of relevant digital ski l ls
• Increase ski l ls and employment of young people, esp. females, BAME and
disadvantaged groups
• Support educators in digital CPD
• Improve relevance of higher level digital ski l ls
• Increase capacity and knowhow of SMEs in apprenticeship provision
D I G I TA L TA L E N T P R O G R A M M E :
A I M S
D I G I T A L T A L E N T : Y O U N G E N T R E P R E N E U R S
To prepare, coach and support young people (18–24
years old) in the planning and development of a start-up.
Talent Spot event on 28 March, 2-9pm, register on www.weareonetech.org
FUNDING FOR ECONOMIC GROWTH – SKILLS FOR LONDONERS
Cllr GEORGIA GOULD
LEAP MEMBER
• April 2015
• £214m fund
• Spend to date £44.4m
• 29 projects completed
• 50 projects committed to fund
• £82m to be allocated to R2
applicants (Including £7.2m for
Mayors Construction Academy)
• Empower all Londoners to access the education and
skills to participate in society and progress in education
and work
• Meet the needs of London’s economy and employers,
now and in the future
• Deliver a strategic city-wide technical skills and adult
education offer
SKILLS FOR LONDONERS FUND:
WHERE WE HAVE FUNDED SO FAR
Skills for Londoners projects 2015/16
Skills for Londoners projects 2017/18
Development Support Fund projects
FUNDING FOR ECONOMIC GROWTH – CROWDFUND LONDON & GOOD GROWTH FUND
JOHN NEWBIGIN OBE
LEAP MEMBER
CROWDFUND LONDON
ONLINE CROWDFUNDING CAMPAIGNS
CROWDFUND LONDON
: 5
“Our crowdfunding
initiative is a chance for
people to take part in
the regeneration of their
neighbourhoods from
the grassroots up.’’
Sadiq Khan
108C A M P A I G N S
B A C K E D
14000I N D I V I D U A L
B A C K E R S
94%C A M P A I G N
S U C C E S S R A T E
£15mP R O J E C T
P I P E L I N E
£2.2mR A I S E D B Y
T H E C R O W D
£10 M O D E P L E D G E
335S U B M I S S I O N S
£1.8mP L E D G E D B Y
C I T Y H A L L
£1.80P L E D G E D B Y
C R O W D P E R £
P L E G E D B Y
M A Y O R
G O O D G R O W T H F U N D
E M P O W E R I N G L O N D O N ’ S
P E O P L E
S T R E N G T H E N I N G L O N D O N ’ S
P L A C E S
G R O W I N G L O N D O N ’ S
P R O S P E R I T Y
OBJECTIVES AND EXAMPLES
G O O D G R O W T H F U N D
PROGRESS
G O O D G R O W T H F U N D
• 62 projects supported with
capital funding
• 46 projects supported with
development funding
• £52m committed to date
(£10m ahead of profile)
• £3.2m spent to date
• £6.7m forecast to end of Q4
REACH
G O O D G R O W T H F U N D
Good Growth Fund Round 2
19 of 35 ‘ fu l ly supported’ projects are in 20% most
depr ived areas
(54% of funding)
Funding: £21,025,671
7 of the 19 Round 2 development funding projects
are in 20% most depr ived areas.
(43% of development funding)
Funding: £427,500
Good Growth Fund Round 1
14 of 27 ‘ fu l ly supported’ projects are in 20% most
depr ived areas
(54% of funding)
Funding: £12,974,639
20 of 27 ‘development funding’ projects are in 20%
most depr ived areas (74% of funding)
Funding: £1,050,00
IMPACT
G O O D G R O W T H F U N D
Measures Empowering People, Making Better Places and Growing
Prosperity
Indicators Impact on different equalit ies groups, Perceptions of
area change, Organisational and strategic capacity &
Resil ience
ROYAL DOCKS
ENTERPRISE ZONE
MAYOR ROKHSANA FIAZ OBE
LEAP MEMBER
The Royal Docks is embarking on an exciting new chapter with thousands of new
homes, workspaces and jobs being delivered in the area over the next 20 years.
THE ROYAL DOCKS
ROYAL DOCKS ENTERPRISE ZONE49
Royal Docks & Beckton OAPF:
60,000 jobs
25,000 homes
Enterprise Zone:
35,000 jobs
4,000 homes
7m sq ft of commercial space
£950m business rates income
£200m - £500m land receipts
Royal Docks Team
A joint delivery team, established by the Mayor of London and Mayor of Newham, that is driving
forward and coordinating the complex and wide ranging initiatives that are necessary to achieve
the proposed growth and regeneration ambitions for the Enterprise Zone.
50
KEY DEVELOPMENTS
Royal Albert Dock – ABP (London)
£1.7 billion project, 4.7m sq. ft of
commercial space
Phase 1 (600k sq. ft) complete
Spring 2019
Silvertown Quays – (Lend Lease)
Significant mixed-use
development
Outline planning granted April
2015
Albert Island – (London & Regional)
11ha brownfield site. Proposed commercial boatyard
Shortlisted for Institute of Technology (IOT)
51
DELIVERY PLAN THEMES
Place
Early public realm
improvements
Opening up dock
edge
Connecting
communities
Connectivity
Road and rail
improvements
Power network
upgrades
Public WiFi &
digital
infrastructure
Economy
£22m Good
Growth Fund
Commercial &
creative
workspace
Skills &
employment
programmes
Activation
Public art
programme
Embedding culture
in public realm
Local and
international
events
Promotion
B2B & B2C
marketing
campaigns
Global trade &
industry events
Community
participation
K E Y M I L E S TO N E S A N D
O P P O R T U N I T I E S
To prepare, coach and support young
people (18–24 years old) in the planning
and development of a
Talent Spot event on 28 March, 2-9pm, register on www.weareonetech.org
• Delivery plan approval and funding
• Royal Albert Dock Phase 1
• Major culture and events programme
• Homes for Londoners event
June 2018
Summer 2019
Summer 2019
October 2019
ADVOCACY, LOBBYING & LEAP 2019/20 DELIVERY
SIMON PITKEATHLEY
LEAP MEMBER
L E A P E N G A G E M E N T
Central Government
London Government
SME Support Events & Engagement
LEP Network
LEAP Roundtables
L E A P S T R AT E G I C A C T I V I T Y
Supporting
Relationships
Building &
Understanding
Awareness
Improving
Inclusivity &
Diversity
L E A P E V E N T S 2 0 1 8 / 1 9
D I G I TA L E N G A G E M E N T
1 0 0attendees
1 0 , 6 0 0impressions
2 9voices
8 6mentions
L E A P D E L I V E RY
Opening up Opportunities
Growth
Innovation
L E A P D E L I V E RY
OVER THE LIFETIME OF THE FUNDING THAT LEAP IS DUE TO RECEIVE IT WILL
Create over 60,000 jobs and apprenticeships
Provide business support to over 15,000 entrepreneurs and businesses
Support over 150,000 learners
K E Y P R O J E C T S 2 0 1 9 / 2 0
GGF Crowdfund
London
Skills for
Londoners
Capital Fund
Mayor’s
construction
academySmall Sites
Cleaner Heat
Cashback
Q&A
DEBBIE JACKSON
INTERIM EXECUTIVE DIRECTOR – DEVELOPMENT,
ENTERPRISE & ENVIRONMENT
LEAP IN ACTION
Speakers
Oliver Hallam – The Careers & Enterprise Company
Alexandria Wombwell- Povey – CHAM Group Ltd
Naima Omasta Milsom – London Business Partnership
Patrick Scally – The Trampery
Pat Carvalho - Principal and Chief Executive Harrow College
London Enterprise Adviser Network
OLIVER HALLAM
Employer Engagement Manager – The Careers & Enterprise Company
We were established in 2015 to help link schools and colleges to employers to increase employer engagement for young people…
…because employer engagement has been proven to:
Reduce NEET levels.
Increase future earnings.
Enterprise Adviser Network
We have built a national network
2,500schools and colleges in our Enterprise Adviser
Network.
94%of schools and colleges would recommend the
Enterprise Adviser Network.
80%of Enterprise Advisers
are satisfied in their role and would recommend
it to others.
50%more employer encounters
reported by schools and colleges in our Network.
Young people are making progress
80%Of young people
have an increased awareness of
different careers.
70% of young people feel more motivated to work hard at school
and college.
75%have a greater
understanding of what they need to do to
achieve their ambitions.
Improved employability including
10 percentage point improvement in feeling
able to come up with new ideas.
Improved personal effectiveness including a
20 percentage point increase in young
people’s determination to keep trying if they cannot do something.
Improved career readiness including a 20
percentage point increase in a young person’s belief that
they can make a plan for the next 5 years.
“
Ofsted reporting improvements in careers support in England
Careers guidance is not working well… provision is not well coordinated.
Ofsted in 2013
The current picture is much more encouraging than has been the case in the past…careers guidance within schools is improving.
Ofsted in 2018
1. Building Networks
3. Backing the Gatsby
Benchmarks
2. Supporting Careers Leaders
Our role
Building networks
Enterprise Adviser Network
Colleges
Employers
Universities
Schools
Apprenticeship providers
Enterprise Advisers
One academic year, one meeting per month
Increase business engagement
Support the development of long-term, sustainable links between schools and businesses
schools using Compass.
3,000
of schools supported through Funds.
100s
Making progress
How does this look in London?
470 schools and colleges, 700 Enterprise Advisers
500 7 25
Alexandria Wombwell-Povey
CHAM GROUP Ltd.
LEAP funding
Presented by: Naima Omasta-Milsom
Aim
To create wealth and employment by encouraging the creation of new businesses and the sustainably and growth of existing ones
Services
Membership
Presentation by Naima Omasta- Milsom of London Business Partnership Limited 30 April 2018. All rights reserved
LEAP funding
• Business Rate Relief workshops for workspace providers
• Workspace providers map database updating
• Roundtables for Diverse Entrepreneurs
Business Rate Relief Workshops
• Helping bridge the knowledge gap
• Identify and share good practice
• Getting workspace providers and local authorities to work together
What are Business Rates and
Why are they so important?
Small Business Rate Relief (SBRR)
Empty Rate Relief
Material Change of Circumstances (MCC’s)
Presentation by Naima Omasta- Milsom of London Business Partnership Limited 30 April 2018. All rights reserved
The Small Business Rates Relief Application
What is a letter of authority?
Questions and Answers session
Feedback
Presentation by Naima Omasta- Milsom of London Business Partnership Limited 30 April 2018. All rights reserved
Patrick Scally
THE TRAMPERY
• GGF Funding
• Grant provided to our partners Poplar Harca. This funding has covered
the whole construction and
• development of our f i rst 7 studios located on Monier Rd.
• 617k overal l in funding: Fit out 578k & Management 39k.
• Outputs
• The Trampery wil l del iver 7 high specif ication studios (441m2) for
growth-stage fashion designers
• and fashion tech businesses at Monier Road Studios at provisional
rates of £25-30/f t2.
• 20% increase in the perceptions of value of area change for local
business & community.
• 30% increase in footfal l .
• 60 work experience, mentoring, apprenticeship opportuni t ies created
• Members
• Members selected through appl ication process.
• Judging panel with special ists from the Fashion Advisory Board, BFC &
LLDC.
• 7 chosen in Mid-Jan to take the selected studios.
Pat Carvalho
PRINCIPAL AND CHIEF EXECUTIVE HARROW COLLEGE
Transforming Harrow College with Skills for Londoners
Capital FundPat Carvalho, Principal – Harrow College and Deputy CEO HCUC
98
Pat Carvalho
• Outstanding Quality
• Ambitious Curriculum Offer
• Sustainable Growth
99
Harrow College part of HCUC Colleges Group
Ambitious for students, staff and stakeholders
Pat Carvalho
Funding Awarded:
• 2016 – Health and Care Centre £3.12m
• 2018 – Remodelling Learning Resources Centre and High Needs Learner Support Facility £2.5m
• 2018 - Development Support Fund to developcapital project to remodel building for digital, Media and ESOL delivery and accessibility. £99k
Skills for Londoners
Capital Fund
100
The development of Harrow’s estate has been funded
through the Mayor’s Skills for Londoners Capital
programme, funded by the Government’s Growth Deal
allocation to London’s Economic Action Partnership”
Pat Carvalho
Seacole Building:Health and Care Centre
101
Enabled replacement of 30+ year old portakabins
Now offers both modern training facilities as well as classrooms
Opened in October 2017
Pat Carvalho 102
Enabled replacement of poor quality library and learning space used by all learners
Enabled replacement of 20+ year old portakabinproviding social and learning space for high needs learners
Opened in September 2018
Zephaniah Building:
High Needs Learners Base-room and LRC
Pat Carvalho
Learners supported over a 5 year period – 1st yr sofar 1273
Health and Care Improved achievement rates 17/18 by 2%
Improved student satisfaction rates by 10%
8816 82% 92%
Priority 1: Empower Londoners to access education and skills to participate in society and progress in education and work
4
Pat Carvalho
Employer Steering Groupcreated 2017
increase in apprenticeships & supported internships
215+
Priority 2: Meet the needs of London’s economy and employers
6
Recruiters
Learners into employment sofar
1506+2328 210
Pat Carvalho
Strategic Employer Partners
Delivery of T’ Level in Childcare Basic Skills Achievements423 studying in 2018/19
Council & NHS
2022137
0
Priority 3: Deliver a strategic city-wide technical skills and adult education offer
8
Pat Carvalho
Thank youfor
listening106
