COVENTRY and Warwickshire’s local enterprise partnership (LEP) closed today (March 31) after 12 years.
But key players behind the LEP have assured businesses they will continue to receive free advice, support and funding.
The partnership’s closure follows the government’s levelling-up white paper announcement that LEPs in England will integrate into local democratic institutions.
The LEP has put together a celebration document showing the role it has played in Coventry and Warwickshire’s local economy since 2011.
During that time, the LEP brought £191 million of Government investment to the region, matched with £407.4 million from the private sector.
In addition, the LEP has enabled projects such as the Coventry Station Masterplan and WCG’s Trident Centre, as well as supporting new housing.
The CWLEP Growth Hub will continue to provide its support service as a community interest company.
Sarah Windrum, who has been the Coventry and Warwickshire LEP chair since 2021, said this was a day of ‘mixed emotions.’
“Government and the economy are often cyclical and change is inevitable.
“We believe we have laid the foundations for Coventry and Warwickshire’s future success over the last 12 years, and CWLEP has proved its value in many different ways.
“Our work to provide businesses in Coventry and Warwickshire with the best possible advice, guidance and support will continue via the Growth Hub to help companies manage the challenges ahead and seize the growth opportunities.”
