Local Enterprise Partnership finalising £15.4m investment

The York & North Yorkshire Local Enterprise Partnership (LEP) is finalising funding for projects receiving a share of £15.4m from Government investment in York and North Yorkshire later this week.

And it is also searching for a new chair to lead its Board to build a greener, fairer and stronger economy for the region.

The fund is part of the Government’s £900m Getting Building Fund, which was created to boost economic growth and fuel local recovery and jobs in the wake of the Covid-19 pandemic.

The LEP says its new chair will have an opportunity to help lead the region to recovery and be part of the proposed devolution deal negotiations for York and North Yorkshire, which could potentially provide £2.4bn worth of investment in the region over the next 30 years.

Since 2014, the LEP has invested a total of £230m to support business, infrastructure, and skills across the region including housing, transport, flood alleviation, social inclusion and workforce development.

The Getting Building Fund projects are expected to support the local economy, improve employment and skills opportunities, and enhance transport and digital connectivity.

Current chairman, David Kerfoot, said: “This funding will help to boost economic growth, fuel local recovery and jobs.

“It is vitally important that we invest in the areas, businesses and people that need it most as we look to lead our region into recovery.

“As chair of the LEP, you can make a real a difference ‘on the ground’ to the people that live, work and visit our unique region.

“We need a strong and passionate leader who is able to continue to build partnerships and collaborate with people, organisations and businesses across all corners of our region.”

The new chair will be announced at the LEP’s annual conference on 6 November. In order to provide a stable hand over of leadership, there will be a five month transition period before Kerfoot formally completes his term in March 2021.

Further information is available and applications can be submitted at: www.ynylepchair.com Applications will close on Friday 2 October.