Issue - meetings

East Sussex Economic Prosperity Strategy 2024 - 2050

Meeting: 26/09/2024 - Cabinet (Item 20)

20 East Sussex Economic Prosperity Strategy 2024 - 2050 pdf icon PDF 384 KB

Report by the Director of Communities, Economy and Transport.

Additional documents:

Minutes:

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.