Greater Manchester Local Enterprise Partnership works to promote growth and reform public services. The LEP works on a range of projects to realise its ambitions and some recent highlights have included:
2020 Greater Manchester Growth Fund Summary
It has been a great start to the year for the Greater Manchester Local Enterprise Partnership in terms of investment and improvements for the city region.
Working with GMCA, the GMLEP has secured £494.5m of Growth Deal investment between 2015 and 2021, to help to create 6,250 jobs.
Progress in the first quarter of 2020 includes:
Skills Capital – Salford City College
Creative, Digital and Broadcast Media Centre –FutureSkills@MediaCity Dakota Avenue, Salford, M50 2PU
Salford City College successfully secured a grant of £1.3m of Local Growth Fund against a £4m project which completed and became operational in September 2019.
The grant enabled the College to complete the final phase of their Future Skills campus located in the heart of Media City, by acquiring and converting an adjacent warehouse unit. Future Skills is the only combined higher education and further education institute identified in the Media City master plan that will offer a centre of excellence for apprenticeships, media, IT and finance, from level 1 through to level 5.
The curriculum offer is in line with the Growth Sectors identified in GM’s Local Industrial Strategy and since its completion the College have seen an increase in student numbers, enhanced engagement and pathways into work with local employers, and improved student retention.
Mantra Reverse Logistics Centre
Address: Greengate, Middleton, Manchester M24 1RU.
Specialist logistics training provider Mantra Learning marked it 50th year in operation by opening of a new £1million Reverse Logistics Training Centre in March 2019. Mantra was awarded a Skills Capital Grant of £330k from GM’s Local Growth Fund (LGF). The Local Growth Fund is granted to Local Enterprise Partnerships (LEPs) by the Ministry of Housing, Communities and Local Government. LEPs play a vital role in driving forward economic growth across the country. The Greater Manchester LEP administers Local Growth Fund in conjunction with GMCA.
Mantra Learning has identified reverse logistics – the process of handling goods which are returned by online shoppers – as a fast-growing sub-sector in need of skilled workers. Some retailers report return rates of between 20 and 40 per cent of their internet sales, which translates into a cost of around £20 billion a year. This is continuing to grow as the rate of online shopping and the volume of returned items, expand.
More than 200 people a month are now expected to graduate from this centre, ready for good jobs in handling customer returns, putting unused goods back into stock for re-sale and recycling damaged or faulty goods.
2019 Greater Manchester Growth Fund Summary
2019 has been a prosperous year for the Greater Manchester Local Enterprise Partnership in terms of investment and improvements for the city region.
Working with GMCA, the GM LEP secured £494.5m of Growth Deal investment between 2015 and 2021, to help to create 6,250 jobs.
£140 million was allocated for Skills and Economy and £354 million for Transport (TfGM) projects.
The LEP Growth Deal Programme supports a range of initiatives to boost the local economy and strengthen public services.
In total, 23 projects have been taken forward under the programme, and grants have been secured for 13 projects that will help to create world class learning facilities in further education.
There are also 35 transport improvement projects that have begun with the objective of supporting sustainable economic development and growth. These projects will contribute to a better integrated transport network across Greater Manchester
Greater Manchester Local Enterprise Partnership helped establish the region’s two Enterprise Zones: one at Airport City and another life sciences zone at Corridor Manchester. Enterprise Zones offer business rates discounts, simplified local planning laws, tax relief and support.
GM Investment Fund
GMLEP helps oversee the Greater Manchester Investment Fund, which encourages business growth and job creation in the region. The fund offers loans of between £500,000 to £5m to businesses that have difficulty accessing traditional forms of finance.
Manufacturing Champions Network
The Manufacturing Champions Network is led by some of the best manufacturers in Greater Manchester who are supporting the growth and development of ambitious executives in small and medium sized businesses by showcasing best practice and sharing leadership challenges.
Alliance Textiles Project
Greater Manchester was built on the textiles industry. GMLEP supported the redevelopment of the sector via a programme that focuses on creating and safeguarding jobs, supporting capital projects, skills training and research and development.
Greater Manchester Local Enterprise Partnership encourages businesses to increase their profitability by reducing their environmental impact and taking advantage of the growing market for low carbon and environmental goods and services.
The GM LEP fully supports the work of the GM Low Carbon Hub and has endorsed the GM Climate Change and Low Emissions Implementation Plan as part of the City’s aspiration to develop a green city region and deliver the Green City Region portfolio of the Greater Manchester Strategy.
Greater Manchester Local Enterprise Partnership led a partnership of organisations across Greater Manchester to secure the City Verve project. The £10m project will help embed smart technology and the Internet of Things in the Corridor Manchester. Its plans include talkative bus stops, which let bus operators know when commuters are waiting; and a network of sensors in parks and along commuter routes to encourage people to do more physical activity.
Working Well is a project that helps benefit claimants find employment by providing them integrated and intensive support.
Each person taking part in the scheme receives an individually-tailored package of support ensuring that the issues which are holding them back from work are tackled at the right time in the right order by the right people. This approach supports wide group of people including Job Seekers Allowance Claimants, lone parents on income support and people in low-paid work receiving Universal Credit.
The working well scheme is currently helping 15,000 people across Greater Manchester. Currently, around 227,000 people across Greater Manchester claim out of work benefits. The cost to the taxpayer of worklessness and low-paid work has now reached over £2bn.
Northern Powerhouse Investment Fund
GMLEP works with the British Business Bank to deliver the £400 million Northern Powerhouse Investment Fund (NPIF) to assist the region’s one million businesses with their growth plans.
NPIF’s funding will support new and growing SMEs, create jobs and encourage and attract additional private sector investment by providing finance and support for small and medium businesses.
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