Decision details

East Sussex Economic Prosperity Strategy 2024 - 2050

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Cabinet  is recommended to review and endorse the new East Sussex Economic Prosperity Strategy, developed in partnership with Team East Sussex (TES), the public/private de facto growth board for the county.  Cabinet is asked to recommend to Full Council that the Strategy be approved.

It fulfils the responsibility of strategic economic planning placed upon East Sussex County Council following transfer of Local Enterprise Partnership functions to locally democratic institutions.

Decisions:

20.1     The Cabinet considered a report by the Director of Communities, Economy and Transport.

20.2     It was RESOLVED to endorse the new East Sussex Economic Prosperity Strategy, developed in partnership with Team East Sussex (TES).

Reasons

20.3     The former function of Local Enterprise Partnerships for strategic economic planning has now transferred to local democratic institutions, in this case East Sussex County Council. Whilst government expects local places to publish their strategy within six months of receiving transition funding (which itself is yet to be received), the production of an updated economic strategy has already taken place and been endorsed by TES as the Economic Growth Board for the county. East Sussex is in a strong position to articulate to Government its economic narrative and areas of focus for future investment opportunities.

Publication date: 26/09/2024

Date of decision: 26/09/2024

Decided at meeting: 26/09/2024 - Cabinet

Effective from: 03/10/2024

Accompanying Documents: