In December 2018, Government invited D2N2 to join ‘wave 3’ of England's 38 LEPs in preparing a Local Industrial Strategy (LIS). It will build on the recently published Vision 2030 Strategic Economic Plan (SEP) for the D2N2 area, taking it up to 2030.
The D2N2 LIS will be a shorter document, covering the same time period as the Vision 2030, containing a limited number of focused, evidence-backed priorities which drive us towards the vision and targets in the SEP. It will be developed in close consultation with and jointly published by HM Government, and will contribute towards achieving the aim of the UK’s Industrial Strategy to:
“…boost productivity by backing businesses to create good jobs and increase the earning power of people throughout the UK with investment in skills, industries and infrastructure”.
We are currently gathering evidence to inform the Strategy’s development. The updated evidence base and Local Industrial Strategy will be structured around the five ‘foundations of productivity’ and four ‘Grand Challenges’ in the UK’s Industrial Strategy.
Five Foundations of Productivity
- Business Environment
Four Grand Challenges to the UK
- Artificial Intelligence and the Data Economy
- Clean Growth
- Ageing Society
- The Future of Mobility
D2N2 is committed to creating a future for all of Derbyshire and Nottinghamshire that is productive, prosperous, and inclusive as set out in the D2N2 Strategic Economic Plan, Vision 2030.
In support of Vision 2030, the D2N2 Local Industrial Strategy (LIS) will contain a number of focused, evidence-backed priorities which drive us towards achieving this vision. Underpinning the LIS is a vast and expansive evidence base. This extensive analysis of the D2N2 area’s economic strengths and challenges is mapped across the five foundations of productivity as set out in the national Industrial Strategy as well as the four ‘Grand Challenges’ in the UK’s Industrial Strategy.
The complete LIS Evidence Base is now available for download.
We published the full evidence base and consultation document in fall 2019 with the finalised Local Industrial Strategy for D2N2 being published in 2020.
For further information or submissions, particularly around the five ‘Foundations’ and four ‘Grand Challenges’ please email D2N2 Economic Analyst Vladimir Epuri.