The Enterprise M3 LEP area covers west Surrey and a significant part of the county of Hampshire, essentially forming a corridor from Romsey, north of Southampton to Staines, just outside the M25. Our strategic economic investments help create, nurture and sustain an economic environment which is robust, resilient, and highly productive. Our high-tech, knowledge-based economy generated £62bn GDP in 2019-20.
We have a strong resilient, diverse economy with some outstanding innovative companies, a strong tech base and plenty of innovation. Using work completed through our Strategic Economic Plan published in 2018 and our Local Industrial Strategy (LIS) we have a strong foundation on which to base our post-Covid19 Economic Recovery and Renewal Plan.
The Enterprise M3 Way
The strength of Enterprise M3 lies as much in how we do things, as in what we do; and we call this the ‘Enterprise M3 way’. It is important for us to work hard to keep abreast of changing economic and business interests, so our conversations always begin with “What do you need?” rather than “This is what we offer”.
We aim to be a genuine partnership which adds value and avoids duplication. We don’t operate an area-wide ‘one size fits all’ policy. We focus on a handful of high growth sectors and on businesses with an aspiration to grow putting in place key ingredients that support a successful economy – skills and employability, transport, infrastructure and housing, as well as enterprise and innovation. Some of our most successful outcomes have been achieved, not by working towards eye-catching announcements, but by showing constructive, consultative and collaborative leadership behind the scenes. Our work is increasingly focussed not only on how we recover, but how we renew our economy.