Businesses invited to contribute to Strategic Economic Plan

Tuesday 17th of May 2016 12:00 AM

Businesses in Coventry and Warwickshire are being invited to contribute to the update of a key economic plan which will shape the long-term growth of the region.

The Coventry and Warwickshire Strategic Economic Plan (SEP) is developed by the Coventry and Warwickshire Local Enterprise Partnership (CWLEP) to stimulate growth, create jobs and provide a pipeline of projects across the region.

The SEP was first published in March 2014, and is being updated to reflect the progress that has been made in the local economy over the last two years.

Since the SEP was published, the CWLEP has secured £89.4 million of funding for projects such as the Coventry to Nuneaton rail link, the new access to Coventry City Centre from the Railway Station and Warwickshire College Apprenticeship Centre among the schemes benefiting.

The updated plan identifies key strategic interventions that will address the economic challenges and opportunities facing the area, under five core pillars of activity.

These pillars are: unlocking our growth potential; advanced manufacturing and engineering; the Growth Hub for business development; growing our talent and culture and tourism.

The update to the plan is now available in draft format and people are invited to feed back on the draft by completing a short survey, and/or by attending a consultation event.

Jonathan Browning, chairman of the CWLEP said: “The Strategic Economic Plan is hugely important to the region’s long-term prosperity and growth.

“The projects that have been invested in over the last two years have made, and are continuing to make, a significant contribution to the economic growth of Coventry and Warwickshire – creating new jobs and opportunities for our area.

“It’s important we review the plan in order to reflect the progress that has been made since 2014 and plan ahead for the coming years, and we look forward to receiving contributions to this process.”

The draft SEP can be viewed here. The feedback survey is available to be completed online until 5pm on Tuesday, May 31.


Category: Funding