A really interesting afternoon with LLEP Innovation Board members and CEO of Innovate UK CEO Indro Mukerjee so thanks to University of Leicester for hosting.
Innovation is a key pillar of our economic strategy alongside boosting productivity, sustainability and inclusive growth and is at the heart of how we can help our local economy address our long term issues. Thanks to the leadership of Dr Nik Kotecha OBE DL for taking on this strand and helping our Innovation Festival become a key part of the business calendar.
Director Andy Reed OBE joined delegates at Loughborough University today for the visit of Consul General Dr Vikram to the University with Vice Chancellor Nick Jennings.
Reed was present as Vice Chair of the LLEP.
‘Levelling-up’ is one of this Government’s flagship ambitions. This report, Achieving Levelling-Up, focuses on the structures and processes needed to achieve it, finding that there is zero chance of achieving it without significant changes to the current system at a national and local level.
The report, conducted as part of the LIPSIT (Local Institutions, Productivity, Sustainability and Inclusivity Trade-offs) project by Demos and the Universities of Birmingham, Cardiff, Surrey and Warwick, identifies a number of problems with the current system for managing local economic policy, and suggests a new framework in which levelling-up should be possible.
