The main purpose of the Greater Lincolnshire LEP is to be the voice of the local business community and to ensure that the economic interests of the area are properly represented.
Working with Government to find solutions enables us to deliver the strategic projects and programmes that will drive local prosperity and economic growth.
One of the first Local Enterprise Partnerships (LEPs) to be established in the UK, the Greater Lincolnshire LEP is a business led partnership made up of private and public sector leaders.
There are 38 LEPs across England, created locally following a request by Government, to ensure better conditions for economic growth.
In 2014, the Greater Lincolnshire LEP became a company limited by guarantee.
From 2015, the roles and responsibilities of LEPs significantly changed, with local budgets handed down from central Government.
The company has a Finance & Audit Committee and an Appointments Committee which have delegated responsibility for these functions with Lincolnshire County Council taking the role of the Accountable Body. The primary purpose of the Finance and Audit Committee is to assist the LEP Board in ensuring that the company maintains satisfactory financial systems and systems of financial and operational control, and that any published financial reports comply with statutory requirements whilst the Appointments Committee’s principal remit is to manage the process for appointing Directors and Company Members to the Greater Lincolnshire LEP as set out in the Company’s constitution.
No financial transactions are made by the LEP directly as these are made through the Accountable Body. As a consequence, the LEP Company does not enter into transactions in its own name, nor record any transactions in LEP company accounting records. The Greater Lincolnshire LEP is open and transparent in all its activities and decisions.
Click here to read more about the Greater Lincolnshire LEP Assurance Framework.
Information on the LEP company boards and decision making can be found in this section.