Have you heard of the LEP? Probably not. Well they are missioned with creating an atmosphere where business will flourish. That sounds like hard work. They create the right conditions for business to grow in the Black Country.
Businesses need to have the right environment to facilitate business growth and investment.
Businesses require accessibility and reliability improvements on the infrastructure network to quickly, efficiently and on a timely basis move their employees and visitors to and from the workplace, and their products to and from varied destinations, locally, nationally and globally.
Access to Capital / Investment
Businesses need better access to capital and investment funds. We need to develop new and innovative approaches to bring together public and private assets to generate “Joint Venture” funding solutions.
Business Advice & Support
The Black Country is characterised by low business density and low numbers of new start ups. Businesses need enhanced access to quality advice and support to assist them to become more competitive and increasingly knowledge-led.
Skills Development & Education
The Black Country is one of the weakest sub-regions in the UK in terms of its education and skill levels. Businesses have difficulties in recruiting skilled employees and there is a need to increase the match of demand (businesses) to Supply (colleges, private providers etc).