Information on Harborough

County and city leaders back £11 million economic boost

Posted on 01/07/09

Leicestershire Councty CouncilChief Executive's

30 June 2009County and city leaders back 11 million economic boost

More than 11 million of recession-busting investment has been approved by the leaders of the county and city councils.

The package has been approved by the Leicester and Leicestershire Leadership Board, made up of the county and city councils, East Midlands Development Agency and other local organisations, which is now responsible for economic development work formerly delivered by the Leicester Shire Economic Partnership.

The approved projects will improve business performance, by encouraging enterprise and business start-ups, increasing survival rates and promoting inward investment.

There will also be significant investment in projects to raise skills levels, to assist people into employment and to support those that are the furthest from the labour market. The largest investment will be into infrastructure to support future economic and housing growth.

Key projects that are being supported include:

the development of innovation and business centres in Market Harborough and Hinckley

a programme to develop access centres county that offer employment advice and deliver learning

support for tourist attractions including Conkers and the National Forest

a Rural Economy Support Programme to support businesses in rural areas.

David Parsons CBE, Leader of Leicestershire County Council, said: We will be working closely with businesses and communities to help them adapt and maximise opportunities within the changing global economic situation.

Ross Willmott, Leader of City Council, said: Our ambition is to create a stronger, more sustainable economy by delivering these key transformational projects.

Diana Gilhespy, Corporate Director at emda said: There is strong political leadership and partnership in Leicester and Leicestershire and emda is fully committed to supporting the partnership deliver this investment plan.

Background:

1) Loughborough Managed Workspace Ashby Rd

Provide follow on office space for Lough Innovation Centre

2) Loughborough Eastern Gateway

Land Purchase to facilitate mixed use housing / employment / station development

3) Leicester Science Park Riverside Link Contribution to land assembly

4) G-STEP (GMEs Space Technology)

Use of GME technology for advance business innovation and competition, matched with ERDF. Will be relocated on science park by 2010/11

5) Greenfields Development Hinckley

Redevelopment of former District Council Depot to create managed workspace development

6) Conkers Ariel Walkway

Creation of an ariel walkway and activity tower within the conkers visitor attraction centre.

7) National Forest Cycling Centre

Develop the visitor infrastructure within the National Forest through the creation of a purpose built cycling centre, all match confirmed

8) Leicester Station / New Business Quarter

Pre-development work for Royal Mail relocation; redevelopment of Station. Preparation of development / marketing brief for NBQ.

9) Cathedral Square Feasibility study to develop a programme of phased works to create a public square adjacent to Leicester Cathedral

10) Leicester Market

Feasibility and Design work to identify an optimal solution for the future regeneration of the indoor and covered market and environs

11) Harborough Innovation Centre

Workspace development to accommodate new starts & SME's within the innovation sectors (site to be determined)

12) Leicester Science Park

Design work / detailed planning consent for provision of starter units and follow on industrial workspaces.

13) Prospect Leicestershire - Feasibility & Concept Design To undertake feasibility studies, concept designs, site investigations, land/property valuations to facilitate and inform development opportunities.

14) Retail Design Lab

Development of a retail technology infrastructure demonstrator located in Hammersons support development of SMEs

15) Retail Development (shop Improvement)

Shop front improvements around main gateway of Leicester, plus business advice & support to SMEs

16) Economic Assessment

Continued delivery of economic assessment project which will feed into economic strategy

17) Olympics Proposal

Co-ordination for 2012 games

18) Procurement Leicestershire

To add into the existing city procurement project but concentrating on SMEs within the County

19) Women in Business County

Business support provision targeted at women in businesses across Leicestershire

20) World Cup

Co-ordination & Implementation of proposal for world cup

21) Access Centres (to be developed)

Refurbishment for new Multi-Access Centre + some revenue running costs

22) Barwell Access Centre

Refurbishment for new Multi-Access Centre

23) ESB Manager

Dedicated resource to co-ordinate and facilitate the Employment & Skills Board including monitoring the skills plan.

24) Future Jobs Fund

Match fund sub-regional funding across City & County for securing job opportunities for people long term unemployed

25) New Parks Access Centre

Refurbishment for new Multi-Access Centre

26) Sector Skills Support

27) South Wigston Access Centre

Refurbishment for new Multi-Access Centre

28) Food Sector Support

Co-ordination of food and drink organisations

29) Rural Economy Support Programme

Support for rural businesses & town centres

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