Lincolnshire

Over £300m secured by Lincolnshire LEP since inception, report reveals

The Greater Lincolnshire Local Enterprise Partnership has obtained more than £307 million to support growth initiatives in the county since it was set up in 2011.

The LEP annual report, published this month, acknowledged that the Greater Lincolnshire economy has grown by £200 million in real terms, with 80,000 businesses generating almost £21 billion for the local economy.

In addition, over £176 million of foreign direct investment has been secured in Greater Lincolnshire in 2016/17, creating 447 new jobs.

The report details the achievements to date of the Greater Lincolnshire LEP, which was one of the first to be set up in England in 2011.

Ursula Lidbetter MBE, Chair of the Greater Lincolnshire LEP, said: “This report is only a snapshot of the work of the Greater Lincolnshire LEP but it shows very clearly the positive difference we are making to the area’s economy.

“Our success is the result of the commitment and high-calibre skill set of our board, which is made up of local public sector and business leaders, and the support of a wide range of partners from the public, education and private sectors, who have committed time, expertise and funding resources to support the delivery of the LEP’s ambitious growth programme.

“I look forward to reporting even more successes in the year ahead.”

See the full annual report here.