Issue - meetings

RESOLVED:That the draft Norfolk and Suffolk Local Industrial Strategy be supported and endorsed.

Reason for Decision:

To demonstrate support for this key strategy for the New Anglia LEP area.

Councillor Middleton presented a report which sought support from the Borough Council for the draft Norfolk and Suffolk Local Industrial Strategy.  The strategy had been drawn together by the New Anglia Local Enterprise Partnership (NALEP) in consultation with local stakeholders from the public and private sectors including the Borough Council.  The Strategy required endorsement from all included Local Authorities prior to its submission to Government.

The Chief Executive explained that the Strategy would be considered by the NALEP Board at their meeting on 25^th September 2019 and then submitted to Government.  She stated that the Strategy did not come with any guaranteed funding, but could assist with routes into funding and other opportunities in the future.

The Leader stated the importance of having high level strategy documents such as this in place to access funding and other opportunities.  He also acknowledged the technology and manufacturing businesses in the area and new industries which were coming forward.

RESOLVED:That the draft Norfolk and Suffolk Local Industrial Strategy be supported and endorsed.

Reason for Decision:

To demonstrate support for this key strategy for the New Anglia LEP area.