2. NEP –a local enterprise partnership
Structure:
• A public/private partnership
• Funded by Northamptonshire County Council @£2m pa for
3 years.
• 20 FTE’s
Primary Focus:
Jobs,
Inward Investment,
Business support
Promotion
4. Results to date…
JOBS:
• Supported the creation of 1014 jobs
• Developed a pipeline of 1500 prospective jobs
• Delivered for £2,500-£3,000 each (UK average @£33,000)
INWARD INVESTMENT & BUSINESS SUPPORT:
• 10 inward investments
• 552 investment enquiries generated
• 48 new business start ups
• 1036 local businesses supported
• £6.1m of private leverage
£7.2m public leverage (incl£1.2m RGF for HPT)
19. SME stats
• 99% of Northamptonshire businesses are
SMEs
• 80% of Northamptonshire business employ
less than 10 people
20. What support do people need
when starting a business?
• Funding
• Legal guidance
• Managing money
• Marketing
• Someone to talk to!!!
21. Working with Northamptonshire
Libraries
• Identify common goals
• Pool resources
• Training
• Start small
• Learn and grow
22. Start-Up support
Mentoring
Funding
Sales &
Marketing
Business
Planning
Is it for
me?
23. Feedback so far …
• “A good service and it was free!”
• “Fantastic insight; now know how to get started, has
eliminated some fears. Thank you!”
• “Friendly and informative”
• “Excellent facility for people to start a new business”
• “I found this really useful, informative and
motivational”
• “Many thanks for a great session! (and the biscuits!)”