The Mayor of London, Sadiq Khan, has announced the new membership of London’s Local Enterprise Partnership (LEP).
The new London LEP, also has a new name – the London Economic Action Partnership (LEAP). As with its predecessor the London LEP, it aims to bring together the Mayor, London Councils and business leaders across all the city’s main sectors.
Among other things, it will provide strategic oversight of the London Growth Hub, the new online gateway to business support in the capital, and London’s European Structural and Investment Funds.
The Mayor will chair the new board, with the Deputy Mayor for Business, Rajesh Agrawal, taking on the role of Co-Deputy Chair alongside another Co-Deputy from the business community. The Deputy Mayor for Planning, Regeneration and Skills, Jules Pipe, will also sit on the board, with the remaining members drawn from the London boroughs and businesses. There is also a new place for a trade union representative.
The Mayor of London, Sadiq Khan, said: “This new business-led partnership provides a fantastic opportunity to ensure growth funding is invested in a way which makes a real difference to London’s economy.
“London is open for business and I look forward to working with the members of LEAP to take forward my new economic development strategy for the capital, generating the jobs and growth we need to keep London prosperous.”
Newly-appointed LEAP business member Natalie Campbell, founder of A Very Good Company, said: “I am looking forward to working alongside LEAP’s impressive line-up of entrepreneurs and business leaders to improve the lot for London’s small businesses.
“SMEs employ around 2.5 million people across the capital and it is therefore of vital importance to Londoners that the sector thrives.”
Fellow business member Simon Pitkeathley, CEO of Euston Town and Camden Business Improvement Districts and Camden Collective workspace, said: “I am delighted to be appointed to LEAP as we enter an exciting period for Local Enterprise Partnerships.
“Among all the initiatives LEAP oversees, its role in coordinating business support in London through the Growth Hub provides a huge opportunity to scale up London’s thriving start-up community”.
LEAP replaces the London Enterprise Panel and aims, says the Mayor, to be “a more representative, streamlined, and business-led body”. This includes an increase in the number of business representatives, of which half are now women. There is also greater representation from London’s entrepreneurs and small businesses, with one member nominated to represent and engage with the SME business community.
In addition to overseeing current growth funding, confirmation of the funding allocation to LEAP from the £492 million for London and the south east in the Autumn Statement will be announced by government in due course.
The full list of board members is:
- Sadiq Khan, Mayor of London (Chair)
- Rajesh Agrawal, Deputy Mayor for Business (Deputy Co-Chair)
- Jules Pipe CBE, Deputy Mayor for Planning, Regeneration and Skills
- Sir Robin Wales, Mayor of Newham
- Cllr Claire Kober OBE, Chair of London Councils and Leader of LB Haringey
- Cllr Peter John OBE, Deputy Chair of London Councils and Leader of LB Southwark
- Cllr Teresa O’Neill OBE, Vice-Chair of London Councils and Leader of LB Bexley
- Megan Dobney, Regional Secretary for South East Region TUC
- Natalie Campbell, business representative
- Dr Celia Caulcott, business representative
- Professor Greg Clark CBE, business representative
- Alexandra Depledge MBE, business representative
- Angus Knowles-Cutler, business representative
- John Newbigin OBE, business representative
- Colette O’Shea, business representative
- Simon Pitkeathley, business representative