enterprize zones

• • Local enterprise partnerships (LEP’s) 
  • Were established in 2011 and are voluntary partnerships between local authorities and businesses.
• • There aim is to identify local business needs and encourage investment
• • Enterprise Zones are at the heart of the Government's long-term economic plan, supporting businesses to grow. They are designated areas across England which provide tax breaks and Government support and they are great places to do business for both new and expanding firms. 
• • Encourage investment in  areas of high unemployment. Businesses are offered incentives such as reduced rates and grants.
• • 55 Enterprise Zones eg. Lancashire LEP
• • 50,000 jobs 2023
• • £20 million transport improvements
• • In 2011, the government announced "enterprise zones" in England to try to improve economic growth, forecasting 54,000 new jobs between 2012 and 2015.
  • But BBC-commissioned research found by 2017 only 17,307 jobs had been created in 24 zones around England - and in two areas the number of jobs had fallen