As the governing body of the HEY LEP, our Board assesses the economy and develops our strategy, setting priorities and making decisions that drive the growth of the Hull and East Yorkshire economy.
The Business Support Board’s role is to ensure that businesses can receive and access advice, finance and other support to sustain and develop their organisations to flourish, whatever their size and sector.
The Employment and Skills Board will focus on reducing the skills gaps in the region, delivering the recommendations of the Local Skills Report by creating the foundations for the growth of new jobs in the region, in addition to ensuring that young people receive high quality careers advice.
The Infrastructure Board will look at future investment opportunities for the region as well as have a focus on transport and placed-based property developments and bring together government agencies, where required, to expedite these developments.
The Innovation and Transformation Board is currently being developed by the LEP – this is a new Board to the region and will focus on promoting and sharing innovation within the business community, utilising the academic and research strengths of our region’s University and colleges. It will also identify major projects or technologies, which could transform the region and ensure these opportunities are developed.
The initial role of the Audit, Finance and Governance Panel will be to review the updated LEP policies and the new Assurance Framework to ensure sound governance is demonstrated throughout all business. The panel is likely to meet quarterly in the first year of the LEP, followed by three times per year or as business demands following.
Chair Stephen Savage will be joined by four other panel members.
Our Investment Panel makes decisions on business grant and loan applications. The Panel comprises of private sector business people with expertise covering business management, finance, law and property.
HEY LEP has appointed the region’s Business Engagement Board (BEB) as its main Advisory Partner from the private sector.
The BEB will act as the voice of the region’s business community and will report to the HEY LEP Board as a key advisory partner. The BEB will be a recognised forum in which the private sector can bring key economic issues to the HEY LEP Board’s attention and ensure close collaboration between the LEP and businesses.
Chaired by Thomas Martin, Chairman of Arco, the Board will focus on strategic business needs for the future of our region – focusing on key sectors for Hull and East Yorkshire, as well as pan-Humber issues.