‘Collaboration the key to investment Success’ – Andy Street

  • Partnership and collaboration unlocks both economic investment and job creation
  1. Progress and future plans showcased at GBSLEP AGM on June 17

Greater Birmingham & Solihull Local Enterprise Partnership (GBSLEP) Chair Andy Street, will tell attendees on Friday 17 June, how the collaborative spirit between the public, private and education sectors, has helped the GBSLEP achieve its economic ambitions during 2015/16.

This partnership approach has also played a significant role in encouraging central government to back the region’s growth strategy.

The event will outline how major investments, such as HS2, the extension of the city centre Enterprise Zone, the £379 million growth deal and the West Midlands Combined Authority devolution deal – are a great indication of the level of confidence the government has in this region.

Amid the backdrop of a growing economic renaissance, the GBSLEP has also helped attract 73 foreign direct investment projects [FDI] to the area in 2015.

And with more than 20,200 new businesses created in 2015, the LEP area can be seen as the ‘start up capital’ outside London; fuelling 85,200 additional private sector jobs – with the region continually outperforming the UK’s national growth average.

Speaking ahead of the LEP’s AGM on Friday (June 17), Andy Street said:

“We are amongst the leaders for the rate of private sector job creation, are the top performing LEP area for inward investment for the second year running and importantly, have halved the numbers claiming unemployment benefit since the high of February 2012.

These results have come about in part because of the collaboration which now exists across our region.”

However, he warned there was still a long way to go.

“To realise our ambition for our city region to compete on an international stage we have to deliver the huge opportunity around HS2 and above all else we must apply our collective creativity to develop the capabilities of our current and future workforce.

These are real challenges, but we have momentum and five years on we’ve earned the right to be appropriately ambitious,” he added.

Friday’s AGM will be an opportunity for delegates to hear about the past year’s achievements as well as future plans for the region.

Keynote speaker at the event, will be Lucy Williams, the Head of Regulatory Compliance for HSBC in the UK, and one of the first senior executives to relocate from London to Birmingham ahead of the bank’s new headquarters opening next year.

Attendees will also hear from LEP board directors Steve Hollis, Saqib Bhatti, Andrew Cleaves and Simon Marks, and a panel of experts including Paul Faulkner, Chief Executive at Greater Birmingham Chambers of Commerce, Ahmed Farooq, Chair of BPS Birmingham, Cathy Gilbert, Director of External Relations, University of Birmingham and Dawn Ward CBE, Chief Executive and Principal at Burton and South Derbyshire College.

The AGM starts at 9:30 on June 17 at Town Hall Birmingham. To register for a free place please visit http://centreofenterprise.com/2016/04/28/annual-conference-2016/.

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