NEP, like other Local Enterprise Partnerships, has taken on new responsibilities for government's Local Growth Funding and the European Structural and Investment Fund, both of which are being delivered as from 2015, alongside local economic development funding provided by Northamptonshire County Council. It is essential that the planning for and delivery of this funding is subject to the highest standards of transparency, accountability and visibility.
The NEP Board therefore agreed to develop new governance arrangements which became operational in 2014. These were designed to drive forward growth in Northamptonshire, provide wide partnership input to strategy development and delivery, meet central government's tests for LEP governance and leadership arrangements and, importantly, discharge the financial, democratic and private sector accountability requirements for devolved funding.
These new arrangements bring together private, public, voluntary and community sector partners to drive forward the delivery of the Strategic Economic Plan and ESIF strategy and ensure that NEP's business is delivered to the highest standards of propriety and transparency.
In addition to the wider partnership governance structure, NEP as a company limited by guarantee, has a Finance and Audit Committee which provides ongoing scrutiny to the business and its operations.
Strategic Economic Plan
Please click here to download your copy of the SEP