Strategic Economic Plan
Strategic Plan Development and submission
Our Strategic Economic Plan sets out how the region will develop its £25bn billion economy over the next six years, stimulating sustainable economic growth and creating 25,500 jobs.
It is the first time a plan of this scale and depth has been developed through the collaboration of the LEP’s extensive network of 800 businesses, the four West of England unitary authorities, the region’s five further education colleges and its four universities. The plan has also gained the support of all the MPs in the region.
The plan has been developed over a period of six months by WE LEP and its extensive network. A period of wider public consultation ran for six weeks that saw feedback from over 100 individuals and organisations. The plan is being used to attract private sector investment to the region, and as part of a national competition for a share of £2 billion per year, for the next six years, of government funds.
Our Strategic Economic Plan was submitted to Government on the 31 March 2014, alongside plans from England's other 38 LEPs for a share of the annual investment funds. Full copies of the document are available for download using the links below.
Strategic Plan and Executive Summary
Technical supporting documents
Annual Impact Report
The Impact Report 2015/16 provides key intelligence on exactly what the LEP is about; how the various parts work to support economic growth and business on the ground across the four local authority areas of Bath & North East Somerset, Bristol, North Somerset and South Gloucestershire.
It complements the existing Success Map; ‘West of England – home of Knowledge, Innovation and Quality of Life’ that showcases the region's strengths, success stories and future opportunities.
(Click on image to download)
Progress update on equality and diversity objectives
We have undertaken a review of the activities delivered and progress to date against the equality and diversity objectives set out in the Strategic Economic Plan (SEP). As a result, we have been able to set out future actions which will further embed equality and diversity practices in all that we do. Our Equality and Diversity Report (Overview April 2016), sets out the refreshed SEP equalities and diversity objectives to more closely align with the current WE LEP activities.
We are committing to an annual update on our impact on equalities and diversity, and we will continue to monitor and review our progress on a regular basis to maximise the impact of our approaches to equality and diversity on our growth and how we achieve our West of England 2030 Vision. The full report is available here.
An important action arising from the review above, was to undertake research to better understand the extent and the specific support required by women and minority ethnic group led businesses in the West of England. The WE LEP have commissioned this research. For further information, please refer to the Incorporating Diversity: Research into Women and BAME led businesses across the West of England report.
Further to the April 2016 publication, an update is now available on the progress made to date in relation to the objectives and actions set out in last years report. Please refer to the full Equality and Diversity Report (April 2017).
LEPs are driving economic growth across an economic area. They provide a means for local authorities to work together with business in order to quicken the economic recovery.