Paul LittenInvestment and Regulation Board Member

Humber LEP

Humber LEP

Humber LEP Area

• Population – 921,000 (2012)• Economically active – 451,500 (June 2013)• Businesses – 32,500 (June 2013) • Majority SME’s• Businesses exporting – 12% (2012)• GVA - £14billion per annum,• Unemployment 7.2% (March 2015)

Core Stats

Humber LEP – KEY ACHIEVEMENTS

• Supported over 200 businesses• Created 2,200 new jobs• 1000 businesses supported to improve skills• 5000 people trained in businesses• Gold Standard – CEIAG (Careers)• 300 Businesses signed to Skills Pledge

• 20% of UK’s Natural gas• 27% of UK’s Refining capacity• 1/3 of UK’s Coal imported provide 17% of UK’s Electricity• BIO mass• Expertise in Energy Production, Storage and Handling.

Humber Energy Estuary

Humber Enterprise Zone

At 484 hectares, equivalent to 780 football pitches, the Humber has the largest Enterprise Zone in the

country offering renewables sector Original Equipment Manufacturers (OEMs) and their supply chains the

opportunity to co-locate to make cost reductions on a major scale.

Job Creation

The Zone’s ambition is to create 1995 direct jobs, and 1190 indirect in the next five years. By 2023 between

3500 and 8500 new jobs could be created in the region as a result of offshore wind opportunities.

To March 2015, 167 employment positions and 108 construction jobs have been created on the Humber

Enterprise Zone.

Top 3 Reasons to Invest

• The largest Enterprise Zone in the UK, offering original equipment manufacturers and their supply chains the opportunity to co-locate.

• Ideally positioned for the manufacture, assembly and dispatch of turbines, with 3 of the UK’s largest North Sea wind turbine zones within easy reach.

• The Port of Grimsby is the closest major port to the network of wind farms off England’s east coast, and an important operations and maintenance centre.

Site Map

Incentive Site name Size (ha)Enhanced Capital Allowances

Green Port Hull 58Queen Elizabeth Dock South 20.33Able Marine Energy Park 225.9

Total 303Discounted Business Rates

Able Marine Energy Park 25.0Keystore 0.67Kingston Parklands 4.03Burma Drive 3.98Marfleet Environmental Technology Park 2.69Elba Street 1.94Valletta Street 3.24Rix & Kingston International Business Park 8.13

Total 49.68

Humber Renewable Energy Super Cluster EZ

Available Incentives

• Up to 100% business rate discount worth up to £275,000 per business over a 5 year period, for businesses relocating before March 2018

• Simplified local authority planning, for example, through Local Development Orders

• 100% enhanced capital allowances (tax relief) to businesses making large investments in plant and machinery on investment made before March 2020

Business Rates Retention

• All business rates growth generated by the Enterprise Zone is kept by the relevant local enterprise partnership and local authorities in the areas for 25 years to reinvest in local economic growth

• Potentially over £200m in revenue under optimum conditions over the 25 life span

Humber Bridgehead

Humber Bridgehead – Phase 1

Humber Bridgehead – Phases 1 and 2

Humber Enterprise Park - Brough

17

The Humber

Key assets include:• Close to offshore wind farms• Deep water estuary and large

ports• Development land close to shore• Pre-existing infrastructure• Good communication routes• Incentives for development

18

Key Locations for Developments in the Humber

19

Hull• Greenport, Hull – ABP & Siemens

• £315m investment

• 1,100 direct jobs

• Assembly, Installation base and blade manufacture

20

Key Locations for Developments in the Humber

21

Able Marine Energy Park• 1.3km heavy lift quay

• Quay width 28m

• 2,135 acre land holding

• Berthing pocket 60m wide

• Quays and large land bank allow wind cluster and share services...reducing cost

• £450m investment

• Up to 4,100 new direct jobs

22

Key Locations for Developments in the Humber

Grimsby• Operations and

Maintenance cluster developing

• In the order of 400 direct jobs already created. Est. total 1,100

• Around £20m investment so far and in direct pipeline. More to come.

Humber LEP Contacts

Website: www.humberlep.co.uk

Twitter: @humberlep

Email: info@humberlep.org

Telephone: 01482 485260