There are plans to create 55,000 jobs over the next ten years in Derbyshire and Nottinghamshire,
The forecast was unveiled today by the Derbyshire and Nottinghamshire Local Enterprise Partnership (D2N2), with a focus on investing in training for the future workforce in the following sectors:
- Transport, Equipment & Manufacturing
- Medicine and Bioscience
- Food & Drink Manufacturing
- Visitor Economy
- Low Carbon, Goods and Services
It's planned this will be done by investing in infrastructure, and also teaming up with schools, colleges and universities to provide vocational and academic training for the future workforce.
What is a Local Enterprise Partnership?
There are 39 Local Enterprise Zones across the country, which were created in 2011 by the Government to try and encourage businesses to grow and therefore boost the economy.
They are led by local authorities and businesses themselves across natural economic boundaries, with a shared vision, strategy and leadership to create private sector growth and jobs.
They took on some of the functions of the now defunct Regional Development Agencies which were abolished in March 2012.
They now bid for cash from Central Government - including a share of £1.4bn Local Growth Fund, and also from the European Union, by drawing up plans for growth.
They are allowed to overlap geographically, so local councils can be involved with more than one LEP at a time.
Where are the LEPs in the Central Region
- Black Country - Dudley, Sandwell Walsall Wolverhampton
- Coventry and Warwickshire
- Derby, Derbyshire, Nottingham & Nottinghamshire
- Greater Birmingham & Solihull (incl Staffordshire, West Midlands, Worcestershire
- Greater Lincolnshire
- Leicester & Leicestershire
- Stoke-on-Trent & Staffordshire