New Anglia Local Enterprise Partnership Board Meeting
Wednesday 25th May 2022
10.00am - 12.30pm
By MS Teams
Agenda
No. Item
1. Welcome from the Chair
2. Apologies
3. Declarations of Interest
4. Actions / Minutes from the last meeting
Strategic
5. New Anglia Cultural Board Update Update
6. Industry Council for Digital Tech Update Update
Operational
7. LEP Operating Budget 2022/23 - Confidential For Approval
8a. LEP Capital Budget 2022/23 – Confidential For Approval
8b. Business Net Zero Efficiency Scheme and Growing Places Fund For Approval
9. County Deals – Confidential Update
10. Chief Executive’s Report including a confidential item Update
11. New Anglia Capital Report – Confidential Update
12. May Programme Performance Reports Update
13. Quarterly Management Accounts – Confidential Update
14. Board Forward Plan Update
15. Any Other Business Update
1
1
Public
New Anglia Board Meeting Minutes (Unconfirmed)
30th March 2022
Present:
Kathy Atkinson (KA)
Valeo Snack Foods
David Ellesmere (DE)
Ipswich Borough Council
C-J Green (CJG)
Brave Goose
John Griffiths (JG)
West Suffolk Council
Matthew Hicks (MH)
Suffolk County Council
Pete Joyner (PJ)
Shorthose Russell
Helen Langton (HL)
University of Suffolk
Corrienne Peasgood (CP)
Norwich City College
Johnathan Reynolds (JR)
Opergy
Alan Waters (AW)
Norwich City Council
Jeanette Wheeler (JW)
Birketts
Attendees
Katy Davies (KD)
Camden Boss Ltd – For Item 2
Jo Middleton (JM)
Norfolk County Council
Shan Lloyd (SL)
BEIS
Jai Raithatha (JRa)
Suffolk County Council
Rob Hancock (RH)
Suffolk County Council
James Allen (JA)
New Anglia LEP – For Item 6
David Dukes (DD)
New Anglia LEP
Chris Starkie (CS)
New Anglia LEP
Rosanne Wijnberg (RW)
New Anglia LEP
Helen Wilton (HW)
New Anglia LEP
2
Actions from the meeting: (30.3.22)
New Anglia LEP Finance - Operating Budget 2022/23 Update – Confidential
Details of Government core funding to be provided to board member when received.
Chief Executive’s report
Contact Helen Wilson to request a presentation from the Cultural board at the May board meeting
CS
CS
1
Welcome from the Chair
CJ Green (CJG) welcomed everyone to the meeting.
2
Presentation from Katy Davies, MD Camden Boss, Enterprise Advisor
CJG introduced Katy Davies (KD), MD of Camden Boss who is an Enterprise Advisor.
KD provided the board with an overview of the activities she has undertaken and the challenges of the
role since she began as an advisor for the academy in Mildenhall last year.
KD noted the strong support for careers at the school and spoke about her role and how she looks to
use her network of contacts to provide opportunities for students and to help the careers lead.
She spoke about challenges currently being faced by schools including staff shortages due to Covid
and the importance of building connections with businesses and encouraging them to offer specific
solutions to the schools rather than generic offers of support.
Staff shortages within companies mean that businesses are keener to listen to schools to understand
their requirements and to assist in the development of their future workforce therefore businesses
have a vested interest in becoming involved supporting students.
KD provided examples of projects being set up such as after school technical clubs and apprentices
joining maths clubs to provide practical examples of use of the subjects.
Corrienne Peasgood (CP) commented on the importance of the Enterprise Advisor Network and noted
that the role of the Enterprise Advisor can be benefit both students and advisors in helping their career
development. CP stressed that the requirements for careers support vary for pre and post 16
students and that practical work experience is vital for students after 16 who are not taking A-Levels.
CJG asked what barriers were seen by other companies to participating. KD felt that companies view
this as lost time and a loss of productivity. Some companies are now becoming involved due to the
staff shortages as they are being forced to look elsewhere for employees by investing time and effort
earlier.
CJG thanks KD for her presentation and KD left the meeting.
3
Apologies
Apologies were received from Claire Cullens, Dominic Keen, Andrew Proctor and Stuart Dark
4
Declarations of Interest
None
5
Actions/Minutes from the last Meeting
The minutes of the meeting held on 23rd February were agreed as accurate.
CS reviewed the action log and confirmed all items have been completed.
6
Agri-Food Industry Council Report
CP presented the Agri-food Council report to the board and thanked James Allen (JA) and
Stuart Catchpole from the LEP for their support.
CP noted the ongoing challenges to the sector such as labour shortages and the war in
Ukraine the full impact of which is still to be seen.
3
CP confirmed that the Council’s objectives have been amended to include cross sector work
such as with the developing space sector. Council members are working with JA on each
objective on the production of the delivery plan.
CP noted that, in spite of ongoing issues the latest Council meeting was very positive and that
a discussion had taken place on ethics in terms of Russian companies trying to circumvent
sanctions and the dilemma of providing short term support which impacts longer terms net
carbon aims.
CP highlighted the completion of the Regional Agri-Food narrative which will be used to
showcase the strengths of the region.
The local skills report was published in January and examined the skills shortages and how
these might be met. The agri-food skills group will monitor the situation and progress made
against these aims.
JA noted the progress of projects within the region such as the Food Enterprise Park which is
nearing completion, the Growing Places loan for One Farm and also the success of the Skills
and Careers Festival.
He confirmed that intelligence continues to be provided to Government and is well received
by DEFRA who are keen to be involved further when details of the Shared Prosperity Fund
are announced.
The meeting discussed the inclusion of the agri-food narrative on the Norfolk & Suffolk
Unlimited web site.
David Dukes (DD) provided an update on the High Potential Opportunity established at the
Norwich Research Park and advised that the slide deck to promote this has been agreed and
will be used globally by the Department of international Trade. The HPO complements one
secured for Adastral Park.
The Board agreed:
• To note the content of the report
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New Anglia LEP Business Plan 2022/23
Rosanne Wijnberg (RW) presented the business plan for 2022/23 which builds on the
strategic priorities approved by the board in January.
RW noted that final amendments will be made to include end of year figures and requested
approval to delegate authority to the CEO and COO to make any final changes.
John Griffiths (JG) noted there were some typing errors and requested inclusion of details of
the sector groups.
Johnathan Reynolds (JR) felt that the outputs were lacking in context. RW confirmed that
these would be updated and context provided in the final amendments. JR suggested
increasing the impact of the LEP’s delivery activity especially around business support and
the success of the Growth Hub.
The Board agreed:
• To note the content of the report
• To approve the Business Plan subject the amendments stated above
• To delegate authority for final sign-off to the LEP CEO and COO. Final amendments will
include the update of the numbers post year end, and small changes to the text to
incorporate any Management Committee and Board feedback.
8
New Anglia LEP Governance
RW presented the LEP’s Assurance Framework, Scheme of Delegation and Accountable
Body Agreement with Suffolk County Council which have all been updated, to ensure they are
in line with Government guidance and that all the information contained in them is accurate
and up to date.
4
The Board agreed:
• To note the content of the report
• To approve and adopt the:
- 2022 Local Assurance Framework
- Scheme of Delegation
- Accountable Body Agreement
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New Anglia LEP Finance - Operating Budget 2022/23 Update - Confidential
10
Board and Committee Membership
RW presented the board with a summary of the committee’s requirements
Remuneration Committee – RW advised that Mark Jeffries’ 5-year term as chair expires in
April 2022 and, given the current circumstances, he has been asked by the committee and
has agreed to extend his term to end in April 2023. This extension and the membership of
the committee require ratification from the board.
Audit and Risk Committee – RW confirmed that the LEP would like to invite an additional
member of the LEP Board to join this committee. Board members should contact RW if
interested.
New Anglia Capital Board – RW advised that the NAC Board currently comprises of 5
members of which two, Dominic Keen and Kathy Atkinson are LEP Board members.
Historically there have been three members from the LEP Board therefore RW asked that
anyone interested should contact her.
The Board agreed:
• To note the content of the report
• To agree to the extension of term of the Remuneration Committee Chair
• To ratify the Committee membership
• To contact Rosanne Wijnberg to indicate interest in supporting Audit and Risk Committee /
New Anglia Capital Board
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Chief Executive’s Report
CS presented his report and highlighted the progress of the Community Renewal Fund
project and advised that the end date of the project had been extended.
CS noted the success of the LEP’s Cultural board and proposed that the chair, Helen Wilson,
attend the May board to provide an update.
CS advised that more material has been released to support the NSU campaign and will be
available for use by partners.
LEP Review – CS confirmed that that no further information has been received and work is
continuing with partners on County Deals. Further information on the functions of LEPs and
their role in devolution are still awaited from Government.
5
HL expressed support for the LEP team in the current challenging circumstances given the
lack of clarity and information from Government.
ACTION: CS to contact Helen Wilson to request a presentation from the Cultural board at the
May board meeting
The Board agreed:
• To note the content of the report
CS
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March Performance Reports
RW advised that a revised reporting schedule will be presented for approval at a future
meeting as some programmes come to an end.
Enterprise Advisor Network – RW noted that is a shortfall against some benchmarks. This is
partly due to delayed reporting which will catch up later and partly due to the impact of the
pandemic.
The programme is still rated as green given the trajectory of the progress as it was felt that
targets would be achieved by August.
HL noted the need to consider the long term role of the EAN given the current level of
uncertainty.
CP noted that it is a requirement for schools to report on careers and the Gatsby Benchmarks
but that it does not appear in Ofsted report. CP noted that the OA is also due to end soon.
CS advised that all programmes would be fully evaluated and that the LEP is working with the
Careers Enterprise Company to show the long term impact of the programme. The meeting
discussed the challenges around recording these programme and possible options for
demonstrating their success.
The Board agreed:
• To note the content of the report
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Board Forward Plan
CJG reviewed the items on the agenda for the May meeting.
The Board agreed:
• To note the content of the plan
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Any Other Business
JR advised that an Energy Strategy is expected shortly and will provide major opportunities for
the region.
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Chief Executive’s Pay Award – Confidential
Date Item Action Update Actioned
B
y
Target Date
30/03/2022 New Anglia LEP Finance -
Operating Budget 2022/23
Details of Government core funding to be provided to board member when
received.
Circulated to Board Members on 8/4/22 RW/CS Complete
30/03/2022 Chief Executive’s report Contact Helen Wilson to request a presentation from the Cultural board at
the May board meeting
CS Complete
Actions from New Anglia LEP Board Meetings
8
New Anglia Local Enterprise Partnership Board
Wednesday 25th May 2022
Agenda Item 5
New Anglia Culture Board Update Report
Author: Julian Munson Presenter: Helen Wilson, Chair
Summary
This paper provides an update on the work of the New Anglia Culture Board, one of the key
sector groups for Norfolk and Suffolk.
Recommendations
The Board is invited to:
Note the contents of the paper and progress update and acknowledge the work of the
Culture Board on the new Culture Manifesto.
Background
Since its establishment in 2012, the Norfolk and Suffolk (New Anglia) Culture Board has
worked closely with partners across the cultural sector and with other sectors to support
culture-led growth.
A more collaborative and regional approach is more important now than ever in support of a
sector which has been severely impacted by the pandemic over the past couple of years.
The Culture Board, chaired by Helen Wilson, is supported by New Anglia LEP working
closely with partners in the private, public and voluntary sectors. The LEP alongside Norfolk
County Council and Suffolk County Council have been key delivery partners over many
years with a number of significant cultural sector based projects and activities supported.
The Culture Board demonstrates an effective partnership which has continued to drive
greater focus on the importance of the region’s cultural sector across the two counties.
Importance and impact of the Cultural Sector
Culture continues to be an important underpinning sector for Norfolk and Suffolk, not only
presenting an important part of our tourism offer but also enhancing quality of life and
employment opportunities which have an added benefit in helping to attract and retain
inward investment and talent to our region.
In summary, the cultural sector of Norfolk and Suffolk;
Delivers over 7,000 jobs
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Saw employment grow 24% over a 5 year period (to 2019)
Generates £272 million in GVA per annum (the 4th highest of any sector)
Comprises over 1,250 businesses
Is dominated by micro businesses with 95% having fewer than 10 employees, higher
than the national average
Average earnings of £26,700, 16% more than the average for the rest of the
economy
Participation level have grown from 2005/6 to 2018/19: in the Arts (+7%), Heritage
(+11%) and Museums (+22%)
The sector has been severely impacted by the pandemic with theatres and entertainment
venues being forced to close with a resulting negative impact on local employment and
viability of a number of cultural activities. The recovery of the sector and support to those
cultural establishments and the creative community and enterprises remains a priority.
New Anglia LEP’s financial support of over £2 million to environmental, cultural and heritage
projects across Norfolk and Suffolk has helped to secure £80million of match funding from
the National Lottery Heritage Fund, Arts Council and other sources.
The LEP has also supported work on developing a skills plan for the sector as well as
marketing campaigns including the recent Head East cultural tourism campaign. The latter
involved a range of partners including Visit East of England, Norfolk County Council, Suffolk
County Council, City and District Authorities, BIDs, DMOs and cultural organisations.
New Culture Manifesto
Over the past year, partners have worked closely to develop a new manifesto who sets out a
clearer roadmap for not only growing and supporting the cultural sector but also ensuring
that culture is linked to a much wider range of agendas such as well-being and sustainability
to help drive wider community benefit and impact as well as future inclusive economic
growth. The work has been steered by an evidence led approach supported by external
consultants.
The vision for the new manifesto is as follows;
Norfolk and Suffolk are known nationally and internationally for the impact that culture makes
to sustainable wellbeing. The region puts culture to the heart of strategic development to
safeguard its future. It prioritises excellence and innovation in culture to support a healthy
and happy population, an enriching environment and a productive and inclusive economy.
There are three high level commitments as part of the manifesto;
1. A cultural sector based on fairness and inclusion
2. A cultural sector which works with and for communities
3. Environmental responsibility and activism
These commitments are linked to four overarching strategic themes;
People and Community
Health and Happiness
Environment and Place
Dynamism and Innovation
The Norfolk and Suffolk Culture Board will also lead on creating an Annual Culture Summit
to help build awareness of the role of culture in driving impact for sustainable wellbeing. It
also aims to develop a series of Thought Leadership pieces with a focus on innovation and
targeted research and importantly measuring the impact of culture.
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The diversity of our cultural sector will flourish through stronger collaboration, not only across
the geography of Norfolk and Suffolk, but with a wider range of stakeholders – locally,
regionally, nationally (and internationally).
This provides the foundation for the new manifesto, and through dynamic leadership will help
strengthen the collective voice for culture in Norfolk and Suffolk. A unique pan-authority and
multi-agency partnership is built on a common purpose: to drive impact through culture.
At the national level, Arts Council England has in place a new 10-year strategy Let’s Create
and its delivery plan for 2021-24 sets out priorities for future work which will help drive the
impact that culture can deliver across the country. This includes a renewed commitment to a
place-based approach (and levelling up) which will see investment targeted at ‘priority
places’ such as Great Yarmouth.
The approach will also see closer working between Arts Council England and other strategic
bodies such as English Heritage and the National Lottery Fund for Heritage. A number of
the region’s successful Town’s Fund bids have identified some significant arts, cultural and
heritage projects including examples under development in Great Yarmouth and Lowestoft.
For reference the current Culture Board includes senior representation from New Anglia
LEP, Suffolk County Council, Norfolk County Council, DanceEast, Norfolk and Norwich
Festival, National Centre for Writing, Theatre Royal Bury St Edmunds, New Wolsey Theatre,
Norwich Theatres, Snape Maltings, Norwich Theatre Royal, UEA, NUA, Arts Council
England, Out There Arts, Food Museum (formerly Museum of East Anglian Life), Ipswich
BC, Visit East of England and Tech East.
Next Steps
The current Culture Board has adopted the vision, commitments, themes and priorities of the
manifesto. The board will work with the wider cultural sector and partners in areas such as
health, education, economy and environment to activate the manifesto and develop a new
Cultural Strategy from 2024.
Although a much wider range of stakeholders will be involved going forward, New Anglia
LEP remains committed to the Culture Board and will continue to support activity whenever
and wherever it can, in particularly leveraging our programmes and activities in areas such
as business support, innovation, sector development (such as tourism, digital, and energy)
and skills and careers.
The production and publication of the new Culture Manifesto is being supported financially
by Suffolk County Council, Norfolk County Council and New Anglia LEP. The Manifesto is
officially launched on 26th May with an event at the National Centre for Writing in Norwich.
Recommendations
The Board is invited to:
Note the contents of the paper and progress update and acknowledge the work of the
Culture Board on the new Culture Manifesto.
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New Anglia Local Enterprise Partnership Board
Wednesday 25th May 2022
Agenda Item 6
Industry Council for Digital Tech – Progress Update Report
Author: Julian Munson Presenter: Julian Munson and Peter Brady, Chair
Summary
This paper provides an update on the work of the Industry Council for Digital Tech, one of
the three industry councils set up by the LEP as formal LEP sub-boards to drive forward the
Norfolk and Suffolk Local Industrial Strategy.
Recommendations
The Board is invited to:
Note the contents of the paper and progress update by the Industry Council for Digital Tech.
Background
In 2019 the LEP convened three Industry Councils to drive forward the aspirations of
the draft Local Industrial Strategy in the three strategic areas of energy, agri-food and ICT
digital. The Industry Council for Digital Tech (CDT) was established as a strategic
public/private sector partnership group to provide a focus for decision making and
leadership for the ICT digital sector. The CDT acts as the LEP’s sector group and provides
the strategic direction in delivering the aspiration to be recognised as a leading region for
digital technologies.
The members of the CDT are drawn from across the ICT business and education sector in
Norfolk and Suffolk and include representatives of businesses, academia and research,
Government and Chambers of Commerce, Tech Nation, Tech East and other
representatives from the private sector. The Council was established in Summer 2019 and
meets three or four times a year. The Council is currently chaired by Peter Brady, CEO of
Orbital Global and co-founder of Innovation Labs. The CDT is supported by Tech East
through the delivery of some activities.
Industry Council for Digital Tech: objectives and delivery
The CDT has in place a delivery plan with a set of strategic objectives and scope of
work which support the delivery of the Norfolk and Suffolk Economic Strategy.
The CDT has sub-groups focusing on key priority areas including digital skills,
hubs/innovation spaces, advocacy/policy, business intelligence and digital adoption.
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Since September 2021, the secretariat, administration and coordination of meetings of the
Industry Council has been brought in-house and is now managed by the LEP’s Sectors and
Innovation team. A new Service Level Agreement with Tech East from October 2021
ensures a stronger focus on delivery of key activities and projects aligned with the four key
focus areas highlighted above. New Anglia LEP continues to work closely with Tech East, a
key delivery partner, on a range of events and activity to support the sector.
Key Achievements to date:
The Council for Digital Tech’s third year of operation has been characterized by a strategic
response to both short term factors relating to COVID-19 as well as progressing the
medium/long term interventions set out in the Economic Strategy.
1. Boosting our innovation and growth capabilities
Ensuring that the region has a world-class offer for businesses, responsive to the ‘new
normal’ of working post COVID-19.
The Connected Innovation project, led by the LEP has seen significant engagement with
the Innovation Centres/Hubs across Norfolk and Suffolk in its’ first 12 months. This two-year
project has been made possible through funding from both the Norfolk Strategic Fund and
the Suffolk Inclusive Growth Investment Fund for the LEP to deliver in partnership with Tech
East and the hubs. The LEP is starting to work up plans for the project post-March 2023 and
seeking feedback/input from public and private sector partners.
Outputs so far include;
16 innovation centres/hubs involved in regular network meetings (expanded from
initially 11 hubs)
5 research/academic institutions
30 network collaborations
Tech suite installed at Hethel
CRM module made available to hubs
Film, case study content captured, and social media campaign launched and live
since mid-March and so far, delivering good results driving traffic and engagement
through the Norfolk and Suffolk Unlimited brand
Two Tech East led events hosted focused on clean growth and emerging
technologies
Third Tech East event around Offshore Wind planned for July 2022 bringing together
stakeholders from Offshore Wind and the Digital / ICT / Creative Sectors.
Innovation Hubs are planning their pilot events as part of the project. 12 events are
due to be hosted across the network pending approval by the LEP’s Innovation
Board
Connections made with Innovate UK Edge, Catapults, KTN, and other external
organisations to promote business support services and funding opportunities
A programme of events has also been developed which aims to promote and showcase
our innovation hubs and spaces. These include some of the more significant events led by
Tech East as well as individual hub events – as mentioned above. An example of the latter
was the Stowmarket Innovation Labs Showcase event held in February to profile their
entrepreneurs and tech businesses.
Other events under development aim to cover various topics including tech in offshore wind,
heathcare and engineering. There are also wider events being considered or progressed
through the LEP’s innovation team around KTPs and FinTech, Space / Satellite Applications
and Marine Science.
Capability Mapping – as part of the Connected Innovation project, there has been some
initial mapping of technology strengths and capabilities across our innovation centres in
order to better understand our collaboration opportunities and our ‘regional offer’. These
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technology capabilities have been mapped against the seven technology families identified
in the Government’s national innovation strategy.
Investment and Exits – Over the past year there have also been reports of a number of
tech related businesses in Norfolk and Suffolk scaling up and attracting new investment or
reporting successful exits. These include FX Home, EO Charging and e-surgery, all
presenting significant opportunities for future jobs growth in the area and a positive sign of
confidence in the sector and our region.
2. Policy influencing and advocacy
During the last 12 months the Council and its members have actively influenced UK
Government in developing new policies and strategies that respond to the needs of the
ICT/digital sector in the region as well as providing a showcase for major new programmes
that attract the interest of decision makers beyond the region.
New Anglia LEP, Tech East and partners continue to engage with the various Government
departments and agencies such as UKRI, Innovate UK (and Innovate UK Edge business
support team), Tech UK, Department for Culture, Media and Sport (DCMS) and BEIS.
3. Enabling digital skills
The latest meeting of the Digital Skills Taskforce took place on 6 April. The business-led
group chaired by the Chief Executive of Norfolk Chamber of Commerce and supported by
the LEP and Tech East, focused upon the following:
Supporting the bid for skills bootcamps.
The specific roles which are in most demand at the moment – mainly software
developers, data analysts and cyber security experts.
The need to better communicate funded skills training in the region given many on
the Taskforce were not aware of this funding.
The Tech Campus at Suffolk New College was the latest LEP funded capital project to be
launched on 28 April.
Looking Ahead – Role of the Council
The governance and delivery structure for the CDT needs to ensure that there is full
representation from across all parts of the sector with one of the challenges being business
engagement and attendance, fully recognising the competing priorities in a strong
commercial environment. One of the key aims will be to ensure continuing business
intelligence input from the sector into future reports and LEP feedback to Government.
Peter Brady was voted in as the new Chair of the Industry Council for Digital Tech at the
March meeting and the LEP team will work with Peter to help shape priorities going forward.
Neil Miles stepped down after successfully chairing the group for three years and his hard
work and support has been gratefully acknowledged.
Ongoing work is required to continue to develop stronger links across the other industry
councils, sector groups, innovation board and Skills Advisory Panel to ensure that we are
fully recognising the opportunity for digital adoption and innovation across industries as well
as understanding and responding to the needs of the sector with regards to future skills and
recruitment.
Recommendations
The Board is invited to:
Note the contents of the paper and progress update by the Industry Council for Digital Tech.
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1
New Anglia Local Enterprise Partnership Board
Wednesday 25th May 2022
Agenda Item 8b:
Capital Budget - Business Net Zero Efficiency Scheme and Growing Places Fund
Author and presenter: Chris Dashper
Summary
New Anglia LEP has a largely unique position amongst other LEPs in terms of its role as a
grant provider, supporting individual SME businesses with a range of grant interventions to
encourage the development of projects to grow individual businesses and create new jobs.
Due to the changes to national funding arrangements for 22/23 and the completion of the
funding cycles for both the Growth Deal and the Getting Building Fund, availability of funding to
directly support business to achieve growth and operational change and to support the delivery
of the LEP strategic ambitions is extremely limited.
This paper proposes the use of existing LEP funds to maintain funding support for SMEs in the
region, linked to the delivery of the ambitions of the LEP, during 22/23 and beyond.
This will be achieved through the introduction of a new capital grant programme aimed at SME
support for growth and efficiency and the continuation of the LEPs existing Growing Places
Fund as a loan provision scheme. Both programmes will be supported financially through the
Growing Places Fund repaid loans budget.
Recommendation
The Board is recommended to support a new SME grant intervention for 2022/23, the Business
Net Zero Efficiency Scheme, with an initial budget of £2.47m available to businesses in the
New Anglia region.
The Board is also recommended to support the continuation of the Growing Places Fund for
2022/23 with a budget of £2.536m. The fund will be flexible and complimentary to other LEP
grant funding but will focus solely on loan provision.
Background
After awarding over 300 grants worth more than £32m to businesses in Norfolk and Suffolk,
securing more than £250m of private match and creating almost 3,500 new jobs, the Growing
Business Fund closed to new applicants in December 2021, upon the completion of the LEP
Growth Deal, which had funded the programme since 2016.
The Growing Business Fund was the LEP flagship programme from 2013 and provided the
incentive for SMEs to invest in capital projects to drive growth that they would not have
otherwise considered.
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2
It was conceived as a scheme which encouraged job creation in the private sector. Over the
past few years it has focused more on productivity than new jobs.
Recasting it as the Business Net Zero Efficiency Scheme will enable the LEP TO maintain the
provision of a viable and effective programme portfolio during 2022/23, complimenting existing
smaller grant offers and the continuing Growing Places Fund loan scheme. The scheme builds
on the experience and understanding of the current Road to Net Zero Business Support
Programme which has been funded through the one off Community Renewal Fund.
The scheme represents an opportunity for the LEP to design a specific programme to support
the delivery of regional ambitions associated with the Economic Strategy, specifically to support
our ambitions around net zero and productivity
Criteria, outputs and impact expectations can all be designed to the LEP requirements, rather
than being driven by national objectives as with many previous programmes.
Cluster applications will be considered and applicants will be encouraged to work to support
others within their business or sector community and their supply chain.
The scheme will provide support to businesses in the form of grants to improve business
efficiency and will help to deliver progress towards achieving the LEP Net Zero strategic
ambitions. The scheme will incorporate advice and guidance to applicants from specialist
sources including the Growth Hub and Net Zero consultancy.
Grant process
Typical projects to be supported through capital grants will be an innovative or research and
development project focused on clean growth / net zero including:
Energy efficient plant and machinery
On-shoring of product manufacturing and supply chains to increase efficiencies
Insulation and replacement windows to improve energy efficiency of buildings
Development of new technology or innovation and productivity improvements
Reducing methane, nitrogen oxide and other greenhouse gases/particulate emissions
Heating, eg Biomass, ASHP/WSHP but not fossil fuel alternatives
Innovative R&D projects focussed on clean growth and/or net zero
Creation or enhancement of decarbonisation plans and further consultancy
There will be no requirement to support new job creation, but projects should safeguard jobs
wherever possible and should aim to support measures to incorporate measurable innovation
and productivity. Outputs and outcomes will be bespoke to each project but will be expected to
include a selection from the following, from the government’s latest published output tables:
Improving productivity and productivity in the supply chain
Reducing carbon emissions by 2030.
Improved Air Quality.
Clean &/or renewable energy production.
Energy storage or distribution.
Meeting Corporate Social Responsibility (CSR) goals
Reuse & recycling of goods and materials
Reduction or avoidance of carbon dioxide emissions, (kg CO2 equivalent);
Retrofit of existing domestic & commercial properties (for energy efficiency &/or water
use reduction).
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Specialist advice and guidance is likely to be essential to support the delivery of the new
programme. New Anglia LEP already has a consultancy framework focussed on providing
advice around Net Zero and Green Energy and this network will be utilised to support the
programme.
In addition, the New Anglia Growth Hub advisers, as the first point of contact for new applicants
on business efficiency, will be able to offer advice on, but not limited to, support on subjects
including:
Support for the delivery of measures to support Net Zero targets
Access to finance – seeking advice on leveraging working capital
Financial and business planning
Market appraisal, including overseas markets
Creating a more efficient business operation by reducing costs
Diversification into other appropriate sectors
Creating a pipeline of products or services or commercialisation of a new product
Collaboration with other businesses or R&D institutions to develop new technology or
ideas
Stabilising losses on contracts by reducing overheads
Reducing staff in a way that does affect viability and paves way for longer term growth
Loan Support
The Growing Places Fund (GPF) has operated successfully in the New Anglia region since
2012. Repaid loans and funding from the Growth Deal have contributed to the evergreen nature
of the fund, allowing it to retain a budget and to continue to operate during 2022/23.
In recent years the fund has offered a range of loans and grants, particularly to heritage and
culture sector projects.
The provision of grants from the fund was expected to be a short-term measure whilst Growth
Deal funding was in place.
For 2022/23, without additional programme funding, GPF will focus exclusively on offering
repayable loan funding, running a project call to stimulate demand and generate a range of new
project proposals with a likely funding requirement of £500-£700k.
Budget for the fund for GPF for 2022/23 will be set initially at £2.536m.
Key Issues
Finance
Funding for the scheme will be allocated from the LEP Growing Places Fund budget. This
budget has been sustained through repaid loans.
Budget for the Business Net Zero Efficiency Scheme will be set initially at £2.47m.
The Growing Places Fund will also be allocated a budget of £2.536m for 22/23. Both budgets
are complimentary and virement will be possible between budgets, depending on demand for
each scheme.
Other Programmes
Alongside the proposed new programme and the existing Growing Places Fund, the LEP will
continue to operate a number of programme interventions to support the SME community in
Norfolk and Suffolk:
Advice and Guidance
24
4
Small Grant Scheme, grants of up to £25,000, small scale funding to support business
growth
Growth Through Innovation, grants of up to £25,000, focus on innovation including
green energy.
New Anglia Capital. Equity investment in early stage businesses alongside angel
investors.
Subsidy Control
Programmes have previously been delivered under State Aid guidance.
This guidance ceased to apply to the UK upon formal exit from the European Union on 31
December 2021.
New guidance to support the delivery of public funding, the Subsidy Control Act, has been
drawn up by the government and received Royal Ascent on 28 April 2022.
Full criteria for Subsidy Control regulation is yet to be published, but an award of the equivalent
of around £340,000 per entity (SME) is expected to be incorporated into the guidelines. This
replaces the previous De-minimis regulations with a higher intervention than was allowable
under those guidelines.
Criteria dependant on Subsidy Control guidance will be included in the scheme guidance once
published.
Grant Award
Grants of up to £100,000 per business will be made available under the Business Net Zero
Efficiency Scheme, with a maximum intervention rate of 20% of the cost of the project. This
intervention ensures the fund will support more than 20 businesses across the region.
Businesses must provide the remainder of the match funding.
Businesses should already be aware of their environmental impact and have a Net Zero action
plan in place to be eligible for funding. Plans should include aspirations for Water, waste,
reduction and reduction in natural environment impact.
Governance
The programme will operate on an open call basis.
Initial contact with businesses interested in the scheme will be through the Growth Hub.
Consultancy advice and support on Net Zero will be provided by experienced local contractors
appointed by the business or the LEP from an approved framework.
Businesses may also be signposted to other sources of LEP and external funding if
appropriate, including the Small Grant Scheme or Growth through Innovation programmes.
Decisions on projects requesting support of up to £50k from the Business Net Zero Efficiency
Scheme will be made on a delegated basis, with a panel of three, with recommendations
provided by the LEP Programme Team following assessment and due diligence of the
application.
Any other projects will be brought to the IAC for approval, potentially by written procedures to
avoid delays to decisions.
25
5
All projects will receive a formal offer letter from via SCC as the Accountable Body as with all
other grant programmes. The letter will outline all conditions of funding and details of the
Subsidy Control regulation used to make the award.
Link to the Economic Strategy and Local Industrial Strategy
The new Business Net Zero Efficiency scheme has been designed to directly support LEP
ambitions within the Economic Strategy for achieving Net Zero and establishing Norfolk and
Suffolk as the UKs Clean Growth region.
All LEP priority sectors will be eligible for support under the programme. It is likely that principle
beneficiaries will come from the sectors including advance manufacturing, where efficiency and
improved productivity or innovation can be built into manufacturing and on-shoring of supply
chains.
Whilst not a direct target as a consequence of grant funding, the delivery of higher value jobs
will be an expectation of projects supported under the scheme.
Regional and national objectives around Net Zero include:
Supporting businesses to capitalise on the opportunities and become net zero pursuing
a circular economy
Creating a skilled workforce fit for the future to support a zero-carbon economy
Introduction of new clean growth-related products to the market
Delivering new and adapt existing infrastructure so that it is flexible, resilient and
sustainable, supporting people, business and places and demonstrating the Modern
Methods of Construction (MMC)
Reducing carbon emissions by 2027
Reducing nitrogen oxide and particulate emissions
Contributing to Green Masterplan Net Zero targets
Creating EV charging points
Recommendation
The Board is recommended to support a new SME grant intervention for 2022/23, the Business
Net Zero Efficiency Scheme, with an initial budget of £2.47m available to businesses in the
New Anglia region.
The Board is also recommended to support the continuation of the Growing Places Fund for
2022/23 with a budget of £2.536m. The fund will be flexible and complimentary to other LEP
grant funding but will focus solely on loan provision.
26
1
New Anglia Local Enterprise Partnership Board
Wednesday 25th May 2022
Agenda Item 10
Chief Executive’s Report
Summary
This report focuses on by exception reporting on key issues and information for the board’s
attention.
Regular reports on the performance of individual LEP programmes are provided via programme
performance reports and issues which require board input or decisions are tabled as agenda items
in their own right.
The report is grouped under five headings – 1) LEP managed projects and programmes, 2) LEP
Industry councils and Sub-groups, 3) External Partnership Activity, 4) Governance and Finance,
and 5) LEP Review. The communications dashboard is also attached as a separate appendix.
Recommendation
The board is asked to:
Note the contents of the report
1) LEP Managed Projects and Programmes
Business support programmes
New Anglia Growth Hub Performance Update - New Anglia Growth Hub is a central element of
the LEP’s business support offer. Delivered by Suffolk Chamber of Commerce on behalf of the
LEP, the team has just updated its performance data.
Since its inception in May 2016, New Anglia Growth Hub has supported more than 12,100
businesses with a total of 65,000 hours of one-to-one support, giving an average of over five hours
of support per business. The type and range of support provided has varied enormously, from
brief telephone calls signposting clients to the development of long-term investment and growth
plans through schemes such as Scale-Up New Anglia.
In addition the Growth Hub handled 16,000 calls from businesses during the pandemic and
thousands more businesses have accessed information provided on the Growth Hub website.
The following tables provide a breakdown by district of the support provided by New Anglia Growth
Hub from May 2016 to the end of March 2022.
Number of businesses and hours of support provided by district
Norfolk Districts Businesses supported Number of hours of support
Breckland 915 5,950
Broadland 871 4,500
Great Yarmouth 563 2,253
King’s Lynn & West Norfolk 993 4,531
North Norfolk 730 3,467
Norwich 1,435 6,549
South Norfolk 1,075 6,766
27
2
Norfolk Totals 6,582 34,016
Suffolk Districts Businesses supported Number of hours of support
Babergh 701 3,923
East Suffolk 1,816 9,477
Ipswich 1,010 5,017
Mid Suffolk 892 5,734
West Suffolk 1,146 6,804
Suffolk Totals 5,565 30,955
Community Renewal Fund (CRF) – Road to Net Zero and Enabling Self-Employment –
delivery extensions have been granted for these two LEP led programmes.
Road to Net Zero Business Support Programme (Norfolk £660K, Suffolk £520k) is a pilot
initiative designed to pro-actively pivot business support and grants on a net zero future, building
business advice expertise, and developing a portfolio of tested interventions.
Enabling Self-Employment (Norfolk £620k, Suffolk £404K) will deliver self-employment support
across Norfolk and Suffolk with a particular emphasis on enabling and supporting disadvantaged
communities. The project offers an uplift in support in East Suffolk and Great Yarmouth via the
borough and district council.
Interim reports were submitted for both Programmes at the end of March. At the same time
Ministers stated that requests for extensions would be considered due to the delivery challenges of
some projects nationally. As such extensions requests were submitted and have since been
accepted for both Programmes.
Challenges with respect to covid and supply chain capacity were cited as reasons to consider an
extension to the Road to Net Zero Programme while the Enabling Self-Employment Programme
stated that several concurrent start-up programmes running side-by-side had caused some initial
delivery challenges.
Both programmes are working with partners to ensure delivery by the new deadline of December
2022.
Inward Investment
Attendance at Wind Europe, Bilbao - David Dukes, Head of Inward Investment, was part of the
GENERATE team’s attendance at its first international event, as headline sponsor of the
Renewable UK organised UK pavilion at the WindEurope conference.
The event was attended by over 9,000 visitors and 350 exhibiting companies spaced over two
large halls at the Bilbao Exhibition Centre. The cost of headline sponsorship of the UK pavilion to
GENERATE was £8,000, plus officer travel and subsistence costs.
GENERATE is the brand which has been developed by industry and local authorities to promote
the enormous opportunities in the energy sector in Norfolk and Suffolk, complementing the Norfolk
and Suffolk Unlimited brand.
The key areas of promotion included Lowestoft’s PowerPark, ABPs LEEF project, Freeport East
and the potential for offshore wind manufacturing and the O&M campus in Great Yarmouth.
The leads and contact information gathered by GENERATE has been collated and added to a
larger dashboard and will be used for ongoing communications and specific follow up by
GENERATE and its partner organisations.
The overall feedback from the event was positive, and good value for money.
There were 28 target businesses identified ahead of the event, of which we were able to
successfully contact 12. In addition, the team held meaningful conversations and communicated
28
3
the GENERATE brand and offshore wind opportunities in the East of England to 80 different
contacts, generating 23 leads to be followed up, broken down as below:
Description Target Actual
PowerPark / LEEF / OrbisEnergy 10 6
O&M campus 10 2
Other leads 0 15
Contact with target businesses 28 12
General contacts 0 80
During the three day event, 90 GENERATE Offshore Wind in the East of England brochures were
distributed and 15 full GENERATE Energy Prospectuses were shared with visitors to the
GENERATE stand. The 23 leads are in the process of being reviewed.
Confidential item
2) LEP Industry Councils and Sub-groups
Innovation Board - the LEP’s Sectors and Innovation team has had significant engagement with
the Innovate UK family in recent weeks including the Catapults and Innovate UK EDGE.
This is part of a strategy of raising the profile of Norfolk and Suffolk’s innovation capability and
potential to Government and other agencies to secure funding and support
In summary:
A small roundtable was held with the High Value Manufacturing Catapult’s Director of
Policy at Hethel Innovation to link them up with NAAME and UEA Productivity East and
explore opportunities for Norfolk and Suffolk’s manufacturing sector.
Conversations have progressed with the Offshore Renewable Energy Catapult over a
second round of the Fit4 Offshore Renewables New Anglia programme and a regional
application of their Launch Academy (subject to funding). Also a new Regional Innovation
Manager for the East of England will be announced shortly.
There has been significant engagement with the Innovate UK Edge business support team
to increase awareness of the support on offer to local business and innovation centres
highlighting opportunities around Innovate UK funding rounds and their Global Business
Innovation Programme (for overseas trade opportunities).
Work is progressing on the new regional Space Sector Plan following positive
engagement with the UK Space Agency and the Satellite Applications Catapult. The LEP is
leading the work in collaboration with consultants AstroAgency. A draft plan will be
reviewed by the Space Sector Steering Group, a partnership between industry, education
and Government, following extensive consultation, before the plan being finalised and
launched later in the year.
29
4
Various conversations have taken place with the Satellite Applications Catapult and UK
Space Agency to explore the multiple opportunities for Norfolk and Suffolk around the use
of satellite applications to enhance sectors such as agri-food, offshore energy, marine
science, shipping and logistics (linked to Freeport) and health and social care. Discussions
are also under way to explore the potential for a regional Space Enterprise Lab at Adastral
Park.
Agri-Food Industry Council - The LEP will join the Dutch Embassy and the Netherlands
Enterprise Agency on an agri-tech tour of the Netherlands (22-25 May) to learn more about the
innovation ecosystem and sustainability approaches in the agriculture and horticulture sector.
The tour will take in the Dutch Ministry of Agriculture; the World Horti Center; Seed Valley;
Wageningen University & Research; KeyGene; and the AgroFood Cluster.
Other UK organisations invited include the four Agri-Tech Centres; James Hutton Institute; LEAF;
Agri-TechE; and Defra.
Norfolk and Suffolk have a really positive relationship with the Netherlands, with a wealth of
exciting activity in recent years focused around the agri-food sector including the Dutch
entrepreneurs behind the One Farm vertical farm in Newmarket.
James Allen, Manager Sectors and Innovation will be attending to represent New Anglia LEP and
the Agri-Food Industry Council.
On wider links with the Netherlands Rosanne Wjinberg represented the LEP at an event in
Peterborough with the Dutch ambassador to the UK aimed at furthering links between the
Netherlands and the region.
New Anglia Advanced Manufacturing and Engineering (NAAME) - NAAME is working with the
Education and Training Foundation to offer upskilling training days at our exemplary manufacturing
and engineering facilities. It is hoped that the latest access and exposure to industry techniques
can then be passed onto the students to be better ready for industry. The first event is planned for
June, hosted by Warren Services, with then the aim to do a ‘roadshow’ across Norfolk and Suffolk
businesses and multiple sub-sectors within each of the local manufacturing clusters.
3) External Partnership Activity
Freeport East - The LEP team continues to support the development of Freeport East. Michael
Cousens from the Inward Investment team has completed his 12 month secondment as FE project
manager. During this time he has worked full time on the programme, overseeing the submission
of the Full Business Case document which was submitted to Government last month. Marie
Finbow from the LEP strategy team has joined FE on a two day a week assignment taking over
from Michael as FE project manager.
In addition Mike Dowdall from the LEP programmes team is working one day a week on the project
and Michael Cousens will provide continuing support to the programme.
For the full business case the LEP oversaw or was involved with a number of key elements of the
submission including inward investment and trade, innovation and skills. The team has also been
supporting work around governance, state aid and the retained business rates pots, building on our
experience from the Enterprise Zones.
Freeport East is in the process of recruiting a full time CEO and chair, and the LEP will continue to
offer resources to support the programme as needed.
Visit from Dubai Government delegation – the inward investment team has organised a visit to
the Norwich Research Park by a high level delegation from Dubai. The LEP was asked to organise
the visit, due to take place on May 17th, following an approach from the Dubai delegation’s UK
representatives who were keen to pay a visit outside London and were tempted to our region on
the strength of the Cambridge Norwich Tech Corridor.
The visit will focus on healthcare and in particular the strengths of the different institutes on the
NRP, in particular the genomic sequencing of the Covid-19 virus which was conducted on the
NRP.
30
5
CBI Clusters Roadshow Launch – New Anglia LEP attended (virtually) the launch of a national
programme led by the CBI to support the development of world-class business clusters around the
UK to drive economic growth and underpin levelling up. George Freeman, Minister for Science and
Innovation spoke at the event and highlighted the potential for 30 regional clusters, initially,
leveraging specific sector, geographic and innovation strengths.
The LEP’s Innovation and Sectors team are developing some ideas and proposals for our regional
innovation and industry clusters and will be progressing conversations with senior officials in BEIS
and the CBI.
Enterprise Zones - Gateway 14, Stowmarket – Gateway 14 Ltd working with its development
manager Jaynic, has awarded an infrastructure contract worth £6.4 million to Jackson Civil
Engineering Ltd. The contract, for a 2.36m sq ft mixed-use development, follows a ‘ground-
breaking’ ceremony held on the 25th April. The site is one of the Freeport East designated
development sites and also forms part of the LEP’s Space to Innovate Enterprise Zone.
4) Governance, Operations and Finance
We have now received formal notification of our Annual Performance Review outcome with the
themes of governance and strategic impact meeting government requirements and the delivery
theme having concerns identified. Concerns were expressed due to significant remaining Getting
Building Fund expenditure being outstanding and extensive planned use of Freedoms and
Flexibilities at the time of the review.
Our Core Funding for 2022/23 has been confirmed at £375,000 (2021/22 £500,000).
The audit of financial year 2021/22 is due to commence on 23rd May. Work to evidence Price
Bailey’s preliminary information request and other supporting working papers is well underway.
The LEP’s draft operating and capital budgets for 2022/23 are included at items 7 and 8 of today’s
Board papers. The quarterly management accounts are included at item 13.
5) LEP Review
LEP chief executive Chris Starkie is one of five LEP chief executive who has been invited to
participate in a working group set up by Government officials and the LEP Network. The group has
been tasked with providing advice to officials on specific issues and common challenges arising
from the programme of LEP integration.
That includes LEPs who are integrating with existing Mayoral Combined Authorities, those who will
begin the process of integration after deals have been done and those areas where their deals are
not sought or not agreed where LEPs will continue.
The first task has been helping develop the integration plan document that MCAs or county deal
authorities will need to complete after devolution agreements have been signed but before
integration can be started.
The purpose of this document is to ensure that county deal authorities and MCAs have robust
plans in place for an independent business board, continuity of services and assets and all other
aspects of transition that need to be considered and agreed with respective LEP boards.
Recommendation
The board is asked to:
Note the contents of the report
31
This dashboard sets out the outcomes and impact of our communications activities during
April 2022.
Media coverage
- 24 pieces of coverage
- 1 reactive media enquiry
Top 3 stories
East Anglian Daily Times
TV star opens new £2.4m Tech Campus at Suffolk New College
https://www.ipswichstar.co.uk/news/education/tv-star-unveils-new-tech-campus-at-college-
8931054
Lynn News
West Acre brewery raises glass to New Anglia Growth Hub after support through Covid
https://www.lynnnews.co.uk/news/brewery-raises-glass-to-its-support-through-covid-and-
now-of-9250883/
Folk Features
Jo’s engaging role
https://folkfeatures.co.uk/jos-engaging-new-role/
Website
There were 10,069 page views on the LEP website (2,132 down on the previous month).
The most visited page was Funding, followed by Small Grant Scheme, Growth Through
Innovation Fund, Our Team and Road to Net Zero Grants.
Campaigns, events, and other projects
• Our Growth Through Innovation Fund was publicised through a number of social
media posts, the Eastern Daily Press and East Anglian Daily Times, and the monthly
LEP newsletter. There were 392 page views of our website page, moving it up from
the eight most viewed page in March to the third most popular in April.
• Archant is developing a subscription-based business app and we will be working
closely with its journalists to provide content for this new service, particularly around
business support. This is an excellent opportunity for us to alert businesses to our
funding programmes and the services we provide via the Growth Hub.
• Final amends on the LEP’s Business Plan for 2022/23 have been completed and
are now with the graphic designer ahead of publication on the website.
• We are on article and video 7 of the Norfolk & Suffolk Unlimited inward
investment campaign Clarity, and we have had excellent click-through rates from
the first couple of articles via social media advertising. There are three more articles
and videos to come (one a week).
Communications activity
during April 2022
32
oThrough this campaign, we are also working with group of students from NUA
who are doing a research project on the NSU website, looking at how we can
reach the audience we want and promote ourselves, as well as how we can
improve the website journey.
•We continue to deliver communications for New Anglia Growth Hub, including
supporting the Scale Up New Anglia programme, which has had a significant
increase in number of events and sign-ups. Jo Ferriss’s new role as Engagement
Specialist has been promoted through a blog and she has received some enquiries
as a result.
Social media and e-newsletters
April 2022
March 2022
New Anglia LEP
Number of Twitter followers
9,371
9,338
Average Twitter engagements per day (likes, retweets etc.)
12.3
29.5
Number of impressions (times a tweet showed in someone’s
timeline)
16.6K
32.8K
Number of LinkedIn followers
5,090
5,013
Number of impressions on LinkedIn
15.2K
22.1K
E-newsletter: open rate
37.59%
40.3%
E-newsletter: click-to-open rate
13.17%
24.7%
Norfolk & Suffolk Unlimited
Number of Twitter followers
905
895
Average Twitter engagements per day (likes, retweets etc)
6.26
12.2
Number of impressions (number of times users saw our tweet)
928K
118K
Number of LinkedIn followers
1,864
1,819
33
1
New Anglia Local Enterprise Partnership Board
Wednesday 25th May 2022
Agenda Item 12
May Programme Performance Reports
Author: Programme leads; Presenter: Rosanne Wijnberg
Summary
The following reports follow for review by the LEP Board this month:
- Growth Deal; Jonathan Rudd
- Getting Building Fund; Jonathan Rudd
- Growth Programme; Jason Middleton
- C-Care (Covid Channel Area Response Exchange); Marie Finbow
- Programmes and Economic Dashboards; Simon Papworth
Recommendation
The board is asked to:
- Note the reports
45
Growth Deal Performance Report Q4 2021/22
Programme Overview - What is the Growth Deal?
• Programme duration: April 2015 - March 2021
• Value: £223.517 million (excluding funding awarded directly to Norfolk County Council).
• Aims: to boost the region’s skills, drive innovation, target support to help small businesses to grow and improve transport and infrastructure.
• Contribute to the Economic Strategy: indirectly create 54,750 new jobs & 6,800 new homes, and generate £628m of public & private investment.
Capital Projects
Growing Places Fund Growing Business Fund EZ Accelerator Fund Business R&R Scheme
Total £M
£164.200 £27.217 £20.279 £8.605 £3.216 £223.517
What is the Overall Programme Status?
Delivery Amber→
Finance Amber↓
Outputs Green↓
What are our Key Updates?
What is our Financial Position?
Actual Actual Actual Actual Actual Actual Actual
2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 Total
0.000 12.008 0.000 19.189 18.060 16.355 19.656
36.900 38.549 41.334 34.660 24.662 47.412 0.000 223.517
-24.892 -50.556 -22.145 -35.789 -26.367 -44.111 -19.656 -223.517
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
12.008 0.000 19.189 18.060 16.355 19.656 0.000 0.000
Spend progress quarter by quarter:
What is our contribution to the Economic Strategy?
Quarter/Year: 4 (Jan-Mar) 2021/22
Actual to
date
Forecast to
2025
Percentage
Progress
Change
872 1,195 73% 0
3,416.0 3,450 98% 75
3,503 6,563 53% 1,123
£792.617M
£809.873M 98% £13.276M
What is the Project Delivery Status?
Overall:
Green↓
Totally
Complete
Physically
Complete
On track
Small
Variation
Significant
Variation
Under
Development
Total
Projects
Black Blue Green Amber Red Purple -
25 11 3 9 2 0 50
Change +1 +1 -1 -1 00 0
What are the Next Steps?
• Key concern: a small number of projects have uncertainty over elements of delivery and will require advance payment of final Grant amounts.
Financials (£ million)
Brought Forward
Financial Year
• All Local Growth Fund has now been
allocated to projects.
Gov Allocation
Spend [Act/Fcst]
Unallocated
Carried forward
Most large capital projecst are complete or close to completion, a few have been significantly delayed.
Expenditure of funding has not occurred as forecast due to delays in delivery.
Reasonably on track to meet our forecast outputs, although a number of projects at risk of late acheivement.
• Programme progress: reasonable, only a minority of projects are experiencing significant delay to delivery, with minimal impact on long term outcomes.
• Refining the forecast of expenditure for remaining outturn to identiy and resolve any issues.
New Learners
Match Funding (‘Non-LGF Expenditure’)
Contract Commitments:
Apportionment:
• Small reapportionment of funds to the
Growing Places Fund with greater
commitments to achieve full defrayal.
•Some disrupted due to delays in delivery,
with some partners receiving their final
installment as a Capital Swap.
Outputs – Cumulative from April 2015 to Quarter 4 2021/22
New Homes
New Jobs
•Proceed with Evaluating completed Projects, in accordance with Evaluation Framework.
•Continue to monitor issues & risks, including logistics, on Growth Deal delivery schedule and expenditure profile, and offer support where possible.
Forecasts have been updated to include Homes, Jobs & Learners from projects anticipated out to 2025.
• Homes: Lark Grange at Bury St Edmunds are entering a new phase & KLWN are seeking planning permission for their final phase.
• Jobs: 57 for the Growing Buisness Fund, 7 from Growing Places Fund & 11 at UEA
• Learners: 269 at West Suffolk College, 333 at East Coast College, 288 at City College Norwich & 233 at University of East Anglia.
• Match funding: making good progress.
• Project change: Bacton-Walcott Coastal Management, now fully complete; Blue to Black
• Project change: Business Resilience & Recovery Scheme, delivery of financial support to projects is now complete; Amber to Blue
• Project change: Growing Business Fund, delivery of financial support to projects is complete, although monitoring outputs continues; Green to Blue
Q1-21/22 Q2-21/22 Q3-21/22 Q4-21/22
Qtrly Forecast 6.93 5.46 3.44 3.82
Qtrly Spend 4.39 4.635 3.261 7.367
Available LGF 15.263 10.628 7.367 0.000
0
5
10
15
20
0
5
10
15
20
Forecast
& Claims
(£M)
Available LGF
(£M)
Financial Quarters
2021/22 Expenditure Profile
46
Getting Building fund Performance Report Q4 2021-22
Programme Overview - What is the Getting Building Fund?
• Programme duration: August 2020 - March 2022.
• Value: £32.1 million
• Aims: to boost the region’s skills, drive innovation, target support to help small businesses to grow and improve transport and infrastructure.
• Contribute to Economic Strategy: estimated to create 1,100 new jobs, 26 new homes and generate an additional £85M of public and private investment.
Capital Projects Business R & R Scheme EZ Accelerator Fund LEP Sub Programmes
Total £M
£27.726 £2.224 £0.750 £1.400 £32.100
What is the Overall Programme Status?
Delivery Green↓
Finance Amber→
Outputs Green↓
What are our Key Updates?
What is our Financial Position?
Actual Forecast Forecast Forecast
2020/21 2021/22 Total
0.000 12.117 0.000
16.050 16.050 32.100
-3.933 -28.167 -32.100
0.000 0.000 0.000
12.117 0.000 0.000
Contract Commitments:
What is our contribution to the Economic Strategy?
Quarter/Year:
4 (Jan-Mar) 2021/22
Actual to
date
Forecast to
2025
Percentage
Progress
Change
024 0% 0
5644 1% 0
0386 0% 0
0444 0% 0
£38.054M
£88.306M 43% £16.550M
What is the Project Delivery Status?
Overall:
Green→
Totally
Complete
Physically
Complete
On track
Small
Variation
Significant
Variation
Under
Development
In
Application
Total
Projects
Black Blue Green Amber Red Purple White -
008330014
Change 0 0 0 0 +2 -2 0 -
What are the Next Steps?
All projects are underway, some close to completion, although others are much later than anticipated.
•Monitor issues & risks on delivery schedule and expenditure, offer support where possible.
•Receive and process quareterly reports to capture immediate outputs and subsequent outcomes.
• Project change: LEP Sub- Programmes: Funding fully defrayed, continuing delivery & outcomes to monitor; Amber to Green.
•Continue to monitor practical delivery of projects and spend through to their completion.
• Project change: Suffolk Broadband Phase 3, Gant Agreement completed and delivery begun; Purple to Amber.
• Project change: Burtons Creative Hub, Ipswich; principal construction expected early 2023, approx. 15 months later than anticipated; Amber to Red.
• Project change: Norfolk Local Full Fibre Network; delayed due to replacement of unsuitable sites; Green to Amber.
• Project change: Great Yarmouth Ops & Maintenance Campus, Gant Agreement complete & delivery beginning later than anticipated; Purple to Red.
• Homes: First reporting expected Q1 2022-23.
• Programme progress: reasonable, although a few projects are experiencing a significant delay in both delivery and spend.
• Delay in start of project delivery will undermine outturn and require careful management at the end of financial year.
• We arranged Capital Swaps with six of our delivery partners in order to meet the government deadline for outturn.
Financials (£ million)
Financial Year
Kilograms of Carbon Dioxide Avoided/Saved
Apportionment:
•NFTR.
• All funds contractually comitted.
Spend progress quarter by quarter:
Expenditure well underway, but slower
than anticipated. Final outturn included
£11.505M of Capital Swaps.
Expenditure and drawdown of funding have not progressed as quickly as forecast and expected.
Only a few have been reported, although most are not expected to be realised until practical delivery is complete.
• Jobs: Further reporting expected in Q2 2022-23.
• Match funding: Making good progress.
• Learners: First reporting expected Q3 2022-23.
Forecasts have been updated to include Homes, Jobs & Learners from projects anticipated out to 2025.
Gov Allocation
Spend [Act/Fcst]
New Learners
Match Funding (Non-GtgBF Expenditure)
Outputs – Cumulative from June 2020 to Quarter 4 2021/22
New Homes
New Jobs
Unallocated
Carried forward
Brought Forward
Q1-21/22 Q2-21/22 Q3-21/22 Q4-21/22
Qtrly Forecast 3.542 7.179 7.448 9.998
Qtrly Spend 2.665 3.616 4.747 17.138
Available GtgBF 25.501 21.885 17.138 0.000
0
5
10
15
20
25
0
5
10
15
20
25
Forecast
& Claims
(£M)
Available GtgBF
(£M)
Financial Quarters
2021/22 Expenditure Profile
49
BusinessGrowthProgrammePerformanceReport‐March2022
ProgrammeOverview‐WhatistheBusinessGrowthProgramme?
TheNewAngliaBusinessGrowthProgrammeistheLEP’sflagshipbusinesssupportprogrammeandsinceSeptember2020comprisesoffiveelements:
•NewAngliaGrowthHub(GH),offeringfreeandimpartialadvicetoindividualsandbusinessesaswellassignpostingthemtoarangeofadditionalsupport.
•NewAngliaSmallGrantScheme(SGS),providinggrantsbetween£1,000and£25,000toSMEstoenablegrowth,increasedproductivityandjobcreation.
•TheVisitorEconomyGrantScheme(VEG),providinggrantsbetween£1,000and£3,000toSMEsinthevisitoreconomyimpactedbyCovid‐19(closedinJune2021).
•TheWiderEconomyGrantScheme(WEG),providinggrantsbetween£1,000and£3,000toSMEsinthewidereconomyimpactedbyCovid‐19(closedinJune2021).
•Start‐upandEarlyStageSupportProgramme,providingspecialistsupporttohelppeoplesetupasuccessfulnewbusiness–deliveredbypartnersNWESandMENTA.
TheProgrammewasdevelopedfollowingareviewofbusinesssupportin2013,andisoverseenbytheGrowthProgrammePartnershipBoardandLEPBoard.
ProgrammeyearsrunfromSeptembertoAugust,however,thedataispresentedasthefinancialyear,ApriltoMarch.
AllelementsoftheProgrammewerebuiltintotheNorfolkandSuffolkEconomicPlan,withfundingforthecurrentprogrammecomingfromBEISandERDFfunding.
WhatistheoverallProgrammeStatus?
Finance Green Ontracktomeetthespendprofile.
Outputs Green Ontracktomeetitsoutputs(slightlybehindthejobtarget,3hoursand12hoursofsupport).
Delivery Green TheProgrammeisperformingwellintermsofdelivery.
Whatareourkeyupdates?
TheProjectChangeRequestsubmittedinmid2020hasbeensignedoffbyGovernment,givingareviedoutputandspendprofile,however,Covidhashadasignificantimpactondelivery.
SinceCovidoutbreak,wehaveseenagradualreductioninthenumberofgrantapplicationscomingforwardtotheSGSschemeaswellasdelaysinclaimsduetosupplyissues.
Deliverypartnershavebeenoperatinginasignificantlychallengingenvironment,withthepriorityswitchedtosupportingasmanybusinessesandindividualsaspossible.
ERDFoutputruleshavemadeitdifficulttogathertheevidencerequiredtoclaimalltheoutputsdeliveredfromthosesupported,resultinginlowernumberofoutputsclaimed.
Wehavebeenworkingwithpartnerstochangedeliverytomeetdemand,aswellasputtingtogetherarequesttoGovernmenttoreviseouroutputstoreflectsignificantshiftsindelivery
Whatisourfinancialposition?
Financials(£million)
Year 2015/2016 2016/2017 2017/2018 2018/2019 2019/2020 2020/2021 2021/22* 2022/23* 2023/2024* Total
ProfileSpend £0.306 £1.301 £3.443 £7.673 £6.108 £4.712 £4.957 £4.299 £1.859 £34.658
ActualSpend £0.306 £1.301 £3.409 £7.672 £6.107 £4.707 £3.897 £27.399
RemainingSpend £0.000 £0.000 £0.034 £0.001 £0.001 £0.005 £1.060 £4.299 £1.859 £7.259
*2021/2022profilespendwasupdatedfrom£4.501mto£4.957m;2022/23and2023/24profilespendhavebeenaddedasresultofthesubmittedPCR.
WhatisourcontributiontotheEconomicStrategy?
Targets
to
June2023
Deliveredto
endofMarch
2022
Monthly
Change
Numberofapprovedgrants 460 444 1
Businessesreceiving‘in‐depth’support‐morethan12hours 1,304 952 1
Businessesstart‐upssupported 1,563 1,659 1
Valueofgrantsreceivedbybusinesses £4,781 £3,554m £13k
Privateinvestmentprovidedbybusinesses £17.329m £14,673m £50k
Employmentincreaseinsupportedbusinesses 1,646 1,649 1.64
Businessesintroducingnewproducts 94 79 0
BusinessesreceivingInformation/Diagnostic/Brokerage 4,385 3,224 3
Whatistheprojectstatus?
Overall: Amber→
GrowthHub Amber→ Makinggoodprogresstowardsourtargets(behindthe3hoursand12hoursofsupporttargets).
SmallGrantScheme Green→ Claiminggrantsisontarget.
Start‐Up(Nwes) Green→ Performingwell,slightlybehindthejobtarget.
Start‐Up(Menta) Green→ Performingwell,slightlybehindthejobtarget.
Whatarethenextsteps?
WorkwithpartnersandprovidesupporttoGrowthHubAdviserstoensurethatweareabletoreprofileourtargetstomeettheneedsofthosesupported.
Continuetoworkwithpartners,includinglocalauthoritiesandmembershiporganisations,topromotethesupportavailabletoasmanybusinessesaspossible.
DevelopaProjectChangeRequestinordertoreduceourtargets,toreflectthesignificantimpactthatCovidhashadonourabilitytomeettheERDFevidencerequirements.
2021/2022ExpenditureProfile(£4.501million)
Ontracktomeettarget
Ontracktomeettarget
Workingwithpartnerstoensurethetargetismet
Ontracktomeettarget
Workingwithpartnerstoensurethetargetismet
Outputs‐CumulativefromSeptember2015toJune2023 Notes
Ontracktomeettarget
Workingwithpartnerstoensurethetargetismet
Targetexceeded
Q1‐21/22 Q2‐21/22 Q3‐21/22 Q4‐21/22
QuarterlyForecast £1.072 £1.307 £1.293 £1.285
QuarterlySpend £1.072 £1.282 £1.234 £0.309
Variance £0.000 £0.025 £0.059 £0.976
‐1
0
1
2
3
4
Forecastand
ActualSpend
£Millions
51
Enterprise Rate Online Job Postings Data (By Sector) Job % by Sector and Average Wage
by Sector (2020)
The chart above displays the monthly online advertised job posting trend lines
for the past year, across the top 6 sectors posting the largest volume of jobs
on recruitment websites..
The above data clearly shows that there was a steady increase in recruitment
across the economy as a whole through most of 2021/22. However, as re-
strictions kicked back in through the autumn/winter of 2021—the data shows
a reduction in the number of jobs being posted.
In the above table we can see that in an annualised comparison—Feb 2021
compared to Feb 2022, the volume of jobs advertised has tracked up once
again, across our top six job posting sectors there is a considerable increase in
all sectors—compared with volumes in Feb 2021, particularly in the Wholesale
& Retail sector ( a 40% year on year increase). Likely this has been driven by
the opening up of general retail activity and the sustained activity surrounding
supply chain recovery and online shopping.
It remains to be seen what the impact of apparent looming increases in the
cost of living will have on recruitment patterns in 2022.
The pie chart above pro-
vides a breakdown of busi-
ness creation by sector, in
relative percentages, for
Norfolk and Suffolk over the
past year, February 21’ to
February 22’.
The data aligns with the es-
tablished understanding that
no one sector strongly dom-
inates our overall industry
base, though Construction,
Wholesale & Retail, and
Prof. Scientific & Technical
services are the largest indi-
vidual contributors, and combined those top 3 sectors accounted for
43% of all new businesses registered.
The accompanying table provides a breakdown of the actual volume of
businesses created by sector, (omitting certain sectors—Agriculture, Educa-
tion and Public Admin, due to very low comparative start-up rates). We
have also provided a comparative total annual figure for all sectors cover-
ing February 2020 to February 2021. The initial period of lockdowns
sparked a high rate of new enterprise creation nationally and in Norfolk
and Suffolk, with last year seeing a return to more typical annual volumes.
The above chart combines data relating to the volume of jobs in each sector, (in
percentage terms), and, the
average
wage for each of those sectors.
This allows us to determine that while certain sectors contribute a significant pro-
portion of
employment
in the local economy, many of those larger employment
sectors (relatively speaking). pay lower wages on average—e.g. Admin & Support
Services, Health and Wholesale and Retail. By comparison, other sectors, e.g. ICT
have a relatively high average annual wage, (£40,500), but comprise a much smaller
proportion of the overall jobs make-up of the local economy - just 3.1%.
If we are seeking to genuinely ‘level-up’, an understanding of which sectors tend to
command higher wage levels on average is vital, in order to inform inward invest-
ment and more general economic development and skills initiatives and interven-
tions.
* The data above is pulled from the EMSI economic modelling platform, and should
be viewed as ‘proxy’ rather than direct data—as it combines information from both
the annual Business Register & Employment Survey and the Annual Survey for
Hours & Earnings.
Total Ent. Incorporation Rate Feb 21-Feb 22 Jobs by Sector & Wage Data—2020
New Anglia LEP Economic Indicators
Data as of Apr 2022
Jobs Posting Profile: Feb 2021- Feb 2022
52
Median Wages Unemployment Rate*
(We’ve opted for a proxy indicator, which allows tracking of impact at a local
level. This data does come with a delay—hence data is only to Nov 21)
Claimant Rate
The chart in this segment tracks the quarter by quarter movement of median adver-
tised wages, allowing us to understand the fluctuations from the year preceding the
pandemic through to present circumstances.
The chart indicates that broadly speaking , Norfolk & Suffolk have tracked in line
with national and regional wage variances, though the
actual
gap between median
wages at a regional and national level has altered little. We can see that advertised
wages peaked across the board through Q1 of 2021/22, but wages have subsequent-
ly tracked back down through Q2 and Q3—though we have detected an uptick in Q4
for Norfolk & Suffolk.
The data in the accompanying table presents an annualised picture of advertised
wage data—which clearly demonstrates that the relative gap between advertised
wages in Norfolk & Suffolk has altered very little from 2019 through to 2021. The
median advertised wage in Norfolk & Suffolk was around £2,000 lower than the
East of England, and around £4,500 than that of England.
We must be cognisant that data relating to England will be skewed by London and
the South East, and that comparatively speaking living costs are somewhat lower in
both Norfolk and Suffolk compared to the ‘greater south east’ region, therefore this
data doesn’t necessarily reflect disposable income levels for households.
This chart above outlines the increase in alternative claimant count that resulted
from the impact of the pandemic, and tracks the following gradual decrease from
the later part of 2021 onwards.
We can see that Norfolk & Suffolk are in line with national and regional trends,
though the volume of claimants per 1,000 head of population has consistently re-
mained below both regional and national levels.
The accompanying table allows us to interpret the current higher level of claimants
(Nov 2021), per 1,000 head of population—compared to pre-pandemic circum-
stances (Jan 2020).
In conjunction with the chart, the data table indicates that while the claimant rate
shows signs of decreasing over time, it is till notably above pre-pandemic levels,
With Norfolk and Suffolk showing a per 1,000 population rate increase of 4.6
and 4.98 respectively.
However, it should be noted that the increase is less pronounced across Noroflk
and Suffolk, compared with the impact across the East of England (7.61) as whole,
and, at a national level (8.86).
The chart above displays the unemploy-
ment rate position of Norfolk & Suffolk in
relation to both the eastern regional and
the national profiles. The chart allows us
to assess the trajectory of unemployment
increases through 2020 and the following
reduction from around Q2 of 2021 on-
wards.
We can see that throughout the past 2
years, Norfolk & Suffolk have been in line
with regional and national trends, though
the
actual
unemployment rate remains
consistently lower—especially in relation
to the rate for England as a whole.
However, the table above indicates the variances of unemployment rates within
Norfolk & Suffolk, indicating a diversity of experience, and persistent challenges in
addressing unemployment in specific locations.
Norwich, Ipswich, and Great Yarmouth are locations where the latest data
shows us that the unemployment rates are above both regional and national
levels. Ipswich and Great Yarmouth in particular are notably above comparative
averages, though both have seen reductions from their respective monthly peaks in
2021—where the rate climbed as high as 7.9% (Ipswich), and 8.6%, (Great Yar-
mouth).
Median Advertised Annual Wages: 2019 to 2021 Alternative Claimant January 2020—November 2021
New Anglia LEP Interim Economic Indicators
Proxy Unemployment Rate: January 2020 to Nov 2021
Data as of Apr 2022
53
Finance Green
Outputs Green
Delivery Amber
Crossover
Period2Apr‐Aug21 Period3Sep21‐Feb22
Actual
Period4Mar‐Aug22
Forecast
Period6Apr‐Jun23
Forecast
Nil €202,372.90 €354,486.01 €114,680.65
€7,796.57
€1,187,069.69 €984,696.79 €630,210.78 €13,460.02
Actualto
date Target %
302 1200 25
245
117 620 19
33 300 8
13 60 23
060
4 4 100
1. Green
2Green
3Amber
Theself‐employmentsupportisbeingprovidedbyMentaandNwesandisperformingwell,however,expectednumbersrampupsignificantlyoverthecomingmonths.We
haveweeklyprogressmeetingswiththeproviderstoensuredeliverystaysontrack.
IntermsoftheTownCentreChallengeFund,thisexperienceddelaysgettingoffthegroundduetoadecisioningettingapprovaltoproceed,followingsubmissionofa
modificationrequesttorun4smallerprojectsasopposedto2largerprojects.Followingapproval,thecallforprojectswaslaunchedtodistrictcouncilson18January2022
withaclosingdateof25February.Atotaloffivesubmissionswerereceivedandfourprojectsawarded.However,unfortunatelyoneofthesefourprojectshassincenotified
usthattheyareunabletoproceedandwearenowlookingtoreallocatethefundingtoanalternativeproject.
Finance‐OurfirstmonetaryclaimhasbeensubmittedandapprovedbyourFLC.Thetotalvalueoftheclaimis€202,372.90andconsistsofDefrayedInvoicesforEvaluationcostsandmonthlyinvoicesfor
SelfEmploymentsupportprovision(Nov21‐Jan22inclusive),officeandstaffcostsonafixed20%ofdefrayedinvoicesbasisplus15%ofthosecostsforoverheads
TheNorfolkandSuffolkevaluationworkhasbeencompletedandthereportisnowpublishedontheLEP'swebsite.
Comments
BalanceRemaining(euros)
€502,070.11
€128,140.67
Green
Green
Amber
Green
Notravelcostsincluded‐modificationrequested.
CaseStudies
FactSheets
Green
JobsCreated
NeedtoreallocateChallengeFundtoanalternativeproject,dueto1projectnotbeinginapositiontoproceed.
2022/2
3
SpendincludesDefrayedInvoicesplusstaff/officecosts
plusoverheads
120,000eurossetasideforTownCentreFeasability
Projects(includedinPeriod4butcouldbeearlie
r
WhatareourKeyUpdates?
WhatisourFinancialPosition?
2021/2
2
Continuetoworkwithproviderstoensuredeliveryofself‐employmentinitiativeismatchingdeliveryexpectations.
ReviewunsuccessfulprojectsubmissionsfortheChallengeFundandlooktoreallocatefundingtoanalternativeNorfolkproject.
NewAngliaLEPareoneofsevenpartnersinvolvedintheC‐Care(CovidChannelAreaResponseExchange)initiative,fundedbytheInterregFrance(Channel)England(FCE)programmewhichaimstoreach
4,500peopleandalmost2,000businessesthroughitspilotinitiativeswhichincludeskillstrainingtohelpindividualsfindnewroutesintoemploymentorstartabusiness,andadviceandgrantsaimedat
helpingcompaniesresettheirbusinessmodelsinresponsetothepandemic.ItishopedthattheinsightsandevidencegatheredfromthesevenpartnersfrombothsidesoftheChannelwillfeedinto
localplanstoaidrecoveryandresilienceplanningandensuremeasuresareinplacetosupportbusinessesandpeopletoadapttofuturepandemicsoreconomicshocks.
TheprogrammerunsuntilJune2023.
NewAngliaLEPhassecured€1.19meurostodeliverthefollowingthreworkstreams:
1.UndertakeanevaluationofthecollectivepublicsectorresponseinNorfolkandSuffolktoCovid‐19.
2.Supportingpeopleintoself‐employmentwhoarecurrentlyunemployed,under‐employedorself‐employed.Targetingaminimumof620participants,withtheaimofcreating300newbusinessesand60
newjobs.
3.DeliverafocussedChallengeFundforfuturemarkettownfeasibilityandpilotprojectsinmarkettownsacrossNorfolkandSuffolk,ledbydistrictcouncils.
1.NorfolkandSuffolkevaluationcompleteandreportspublishedonNewAngliaLEPwebsite.
2.Asat28/4/22,245individualshavebeenregisteredonourPortalbyourPartners.Over1600hoursofsupporthasbeenprovidedand33newbusinessstartshavebeenachieved.Thosebusinesseshave
created13newjobs(9.23FTE)andonepersonhasfoundnewemploymentoutsideofselfemployment.
3.Followingacompetitionprocess,5projectsweresubmittedforassessmentand4projectswereawarded(2xSuffolk;2xNorfolk)tocommenceon1stAprilandrununtil31stMarch2023.Threeprojects
havecommenced.However,unfortunatelyoneoftheNorfolkprojectshasrecentlyinformedusthatitisnotinapositiontoproceed,soweareintheprocessoflookingtoreallocatethefundingtoan
alternativeNorfolkproject.
Spend(Act/For)(euros)
WhataretheNextSteps?
WhatistheProjectDeliveryStatus?
FundsAwarded(euros)
1,194,866.26
Green
Green
ProgrammeOverview‐WhatistheC‐CareInitiative?
C‐Care(CovidChannelAreaResponseExchange)InitiativeReport
WhatistheOverallProgrammeStatus?
Ontarget
Ontracktocompletetargetsforprogramm
e
Outputs
ParticipantsCompleting
Engagements
Enrolments
FundsReceived(euros)
FinancialYear
Period5Sep22‐Mar23
Forecast
RAG
BusinessStarts
54
Jobs created Private sector investment unlocked New dwellings supported
Data as of Apr 2022
New Anglia LEP programme outputs dashboard - Q4 2021/22
Primary Economic Strategy (ES) indicators supported Primary Economic Strategy (ES) indicators supported Primary Economic Strategy (ES) indicators supported
Delivery, this quarter (Q4, Jan-Mar 2022): 164
Delivery, year to date (2021-22 financial year): 913
Delivery cumulative to date (2012-): 13,658
Target, this year (21-22 financial year): 1,179
Delivery, year to date, as % of target: 77%
With a proven track record of creating jobs and supporting employment
opportunities in the local economy, LEP programmes have a demonstra-
ble and clearly measurable impact on the ambitions of the Economic
Strategy, and associated indicators.
Through 2021-22 the Enterprise Zones, Growing Business Fund (GBF),
Growth Deal projects, and Business Growth Programmes were the pri-
mary drivers of job creation.
In Q4 of 2021/22 there was a general slow down in job creation, likely
due to some extent to the imposition of additional lockdown restrictions
which slowed general economic growth..
Given the restrictions that have been in place over the past 12 months
plus, and the refocusing of funding to achieve job retention as opposed
to job creation, it is not unsurprising that the overall volume of jobs cre-
ated has fallen short of the original target.
Delivery, this quarter (Q4, Jan-Mar 2022): £3.8m
Delivery, year to date (2021-22 financial year): £33.7m
Delivery, cumulative to date (2012-): £548m
Target, this year (21-22 financial year): £41.25m
Delivery, year to date, as % of target 82%
Delivery, this quarter (Q4, Jan-Mar 2022): 0
Delivery, year to date (2021-22 financial year): 54
Delivery, cumulative to date (2012-): 661
Target, this year (21-22 financial year): 360
Delivery, year to date, as % of target: 15%
Though typically small-scale and limited in terms of direct tangible out-
puts, LEP programmes still have a demonstrable role in supporting the
delivery of new homes and leveraging in resources to unlock sites and
development.
The combined knock-on effects of Brexit and Covid lockdown restrictions
have resulted in a severe knock-on effect and delays in key construction
material supply and available labour. Targets for this year were largely
dependent on two principal developments we unlocked through the
Lynnsport Access Road and Bury Eastern Relief Road.
Building associated with Lynnsport has been impacted by a range of fac-
tors throughout 2021/22 year which has impacted on numbers, the plan-
ning application for the final houses on Lynsnport 1 site wasn’t submit-
ted until Nov/Dec 21. There continue to be severe restrictions on both
material and labour supply throughout the construction sector nation-
wide
LEP programmes continue to leverage in significant private sector invest-
ment, helping to unlock jobs, housing, capital and growth. In fact, the IMF
estimates every £1 of private sector investment can stimulate a further £3
of economic growth, highlighting its direct impact on the delivery of the
aims and ambitions in the Economic Strategy.
Delivery through 2021/22 has remained relatively positive through the final
quarter of the year, despite an overall slowdown in economic activity as
tighter Covid restrictions kicked in through autumn/winter of 2021/22,
proving investor confidence in Norfolk and Suffolk remained comparatively
strong.
The continued overall impact of prolonged economic uncertainty has to be
taken into consideration, when assessing the level of investment, increases
in prices, tightening supply chains and labour shortages etc . will have con-
tributed to the annual delivery target running somewhat below target.
55
New businesses created Jobs paying above the median salary* Learners & apprenticeships supported
Delivery, this quarter (Q4, Jan-Mar 2022): 11
Delivery, year to date (2021-22 financial year): 259
Delivery, cumulative to date (2012-): 1,975
Target, this year (21-22 financial year): 230
Delivery, year to date, as % of target: 112%
Delivery, this quarter (Q4, Jan-Mar 2022): 9
Delivery, year to date (2021-22 financial year): 48
% of Jobs paying above the Median wage in Q4: 50%
Target, this year as % of all GBF job creation 33%
Delivery, Year to date, as % of target 26%
Delivery, this quarter (Q4, Jan-Mar 2022): 1,123
Delivery, year to date (2021-22 financial year): 1,318
Delivery, cumulative to date (2018-): 3,413
Target, this year (21-22 financial year): 726
Delivery, year to date, as % of target 181%
The scale and breadth of the LEPs activity within enterprise support
means it has a vital and unrivalled role to play in supporting and stimu-
lating the uplift in enterprise required to achieve the aims and ambitions
of the Economic Strategy.
Despite very difficult trading conditions, this metric has exceeded expec-
tations in 2021/22, with the end of year target being achieved with busi-
ness creation reaching 112% of the stated target.
Q1 and Q2 of 2021/22 saw the a positive upward trend, though there
was a noticeable drop off in business creation in Q3/Q4. These annual
figures reflect national trends that indicate through various lockdown
restrictions of the past two years—business start-up activity has re-
mained very healthy. However, the severe slowdown in Q4 of 2021/22
needs to be carefully monitored going forward.
LEP programmes play an important role in creating and supporting
learners and apprenticeships, ensuring a demonstrable impact on the
ambitious skills-related aims of the Economic Strategy and associated
indicators.
In this first quarter of 2021/22 delivery against target fell below what
was anticipated, and the prevailing economic and social restrictions
must be taken into account, however, recovery was comparatively
strong through Q2, Q3 given continued restrictions and uncertainty—
and in particular through Q4.
The latest set of figures for Q4 reflect the completion of the DigiTech
Factory at City College Norwich and Tech Campus at Suffolk New Col-
lege Ipswich.
This metric aims to measure the proportion of jobs that are created through the
Growing Business Fund, with a target of 33% of those jobs exceeding the area’s
median annual wage level. (£26,500).
In Q4 of 2021/22 there was an uptick in the proportion of jobs created that ex-
ceeded the median level. However, the percentage of jobs exceeding the target
median wage level still struggles to achieve the 33% target mark for the year as
whole—with the annual proportion standing at 26% for 2021/22, following a simi-
lar return for 2020/21 at 23%, and for 2019/20, again standing at 23%,
It may be that the sector make-up of the companies creating the jobs through the
Growing Business Fund needs reassessment in relation to the 33% target, as many
of the companies supported have tended to be either warehousing or manual
manufacturing/assembly operations in nature, which are typically on the lower
end of the overall wage range..
* The baseline median salary figure for Norfolk and Suffolk using by Office for National
Statistics is £26,500 p.a.
Primary Economic Strategy (ES) indicators supported Primary Economic Strategy (ES) indicators supported Primary Economic Strategy (ES) indicators supported
Data as of Apr 2022
New Anglia LEP programme outputs dashboard - Q4 2021/22
56
New Anglia LEP Board Forward Plan – 2022
Date Presente
r
Strategic Operational
26th January Lexhag VFX
GTI Grant
Recipient
Norfolk & Suffolk Economic Strategy
LEP Strategic Priorities
Innovation Board Update
Board Membership
Programme Performance Reports
Quarterly Management Accounts
23rd February EV Spark Local Transport Board Report
All Energy Industry Council Report
GPF Application
Freeports
Economic and Programme Dashboards
Programme Performance Reports
30th March Katy Davies
Enterprise Advisor
Agri-Food Industry Council Report LEP Business Plan / Governance
Committee Membership
LEP Operating Budget 22/23 Update
Programme Performance Report
CEO Pay Award
April
25th May Helen Wilson
Chair, Cultural
Board
ICT Digital Industry Council Report
Cultural Board Update
Operating and Capital Budgets 22/23
Quarterly Management Accounts
County Deals
NAC report/Performance Reports
22nd June Skills Advisory Panel Report
Clean Growth Taskforce
EZ Update
Programme Performance Reports
Operating & HR Policies
27th July Inward Investment Report
Innovation Board Report
Space Sector
Programme Performance Reports inc CRF
Accounts Approval
Q2 Management Accounts
August
21st
September
All Energy Industry Council Report Programme Performance Reports
Economic and Programme Dashboards
21st
September
New Anglia LEP AGM
26th October
Agri-Food Industry Council Report
Programme Performance Reports
Qua
r
te
r
ly Management Accounts
30th November ICT Digital Industry Council Report Programme Performance Reports
New Anglia Capital Report
Economic and Programme Dashboards
Decembe
r
No Board Meeting
Meetingsarevirtualunlessotherwisestated.
Standing Items (where relevant)
IAC recommendations
Chief Executive’s Report
Items to be Scheduled
Towns Deals
Sizewell C
62
