Enterprise zone plan

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FOLLOWING the arrival of two new members, the Greater Lincolnshire Local Enterprise Partnership (LEP) has announced ambitious plans to promote business growth.

The partnership has recently submitted to the government a bid for the creation of a South Humber Bank Gateway Enterprise Zone.

The proposals would see two, or possibly three, under-utilised sites in North East Lincolnshire developed in order to strengthen key sectors, such as manufacturing and food processing. The announcement follows the recent news that North and North East Lincolnshire councils have joined the partnership.

A spokesperson for the partnership said: “Our goal is to create prosperity through growth. The enterprise zone will benefit from simplified planning rules, super-fast broadband and business tax breaks, helping attract new companies to the county.

“There’s going to be tough competition from other LEPs, but we’re confident our plans will meet the Government’s aims of delivering growth and jobs, while also providing excellent value for money. If we’re successful, we could see around 6,000 new jobs created in Greater Lincolnshire and £4m in additional business rates by 2015.”

The government has received 29 bids for enterprise zones from around the country of which up to 10 will be approved. Other LEPs competing for the second wave of locations include Coventry & Warwickshire, Greater Birmingham & Solihull and Leicester & Leicestershire.