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Coventry & Warwickshire LEP supports a strong Birmingham

Coventry & Warwickshire LEP supports strong Birmingham, strong region and strong LEP collaboration.

"A strong Birmingham is good for the surrounding areas," says Martin Yardley when we speak recently following a Regional Summit of West Midlands LEPs held at the 2013 Birmingham MadeMe Design Expo this June.

"With the formation of the LEPs we are seeing a stronger dialogue between the areas that form the whole sub region at present. With the three LEPs of Greater Birmingham, the Black Country and Coventry & Warwickshire working together more and more in the future we can see a way to strengthening the sub regions.

Martin Yardley is Chief Executive of Coventry and Warwickshire LEP (C&W LEP) and has been working in this role for around a year. As a planner he has been involved in economic development over many years working as Director of Coventry City Council when not moving forward C&W LEP. 

"What we have seen since the formation of the LEPs in the three Chairmen, Stewart Towe in the Black Country, Sir Peter Rigby here in Coventry & Warwickshire and Andy Street in Greater Birmingham and Solihull, along with other LEP chairs, is strong working relationships developing and these have led to strategic level understanding about the need for business support to cross boundaries as businesses very clearly do not recognise administrative boundaries. 

"Our cross LEP relationships are stronger now than ever before. We are keen to keep working together more closely so the whole is stronger than the sum of the parts.

"What is very difficult in building a stronger region and a stronger whole is the way that the structures that are established, such as HEIs, FE, even LEPs themselves which are set up in a competitive manner.

"Education is critical as the source of talent and so much knowledge that we require to develop our competitiveness, but educational institutions are struggling to collaborate as much as they need to as they are fighting for students, for research funding and this is making it more difficult. 

"But if we can put together all the knowledge and experience within our learning institutions and make that available to businesses across the region that is a massive resource and within that we have learning institutions that are second to none.

"With LEPs we are developing solutions to many of the same problems and challenges. Where we have between us developed good solutions we should be looking to roll these out amongst the LEPs. For example we have done particularly well with the  Growing Places Fund  in finding a practical solution for distributing these funds to businesses in a practical and appropriate manner.

"We've sorted out the State Aid and Vested Interests issues and come up with a demand-led solution. We have gathered together £12.8m of funds which we have rolled out in grants and loans to businesses to help them grow. We have pulled together a £1.5m fund which has been allocated through universities to small businesses in tranches of £50k and under.