The Investment Board is a sub-board of the North East LEP Board, with the purpose to oversee all matters relating to the development and delivery of funding programmes operated by the North East LEP, including North East Growth Deal Local Growth Fund (LGF), North East Investment Fund (NEIF), and Enterprise Zone funding. It has delegated authority to take funding decisions of up to £5m on behalf of the LEP Board.
You can find the terms of reference, agendas, minutes and papers here.
The North East LEP regularly publishes agendas, reports and minutes of its Board and sub Investment Board. Where reports contain confidential information, this may be excluded under The Local Authorities (Executive Arrangements) (Meetings and Access to Information) (England) Regulations 2012.
The first version of the Strategic Economic Plan was published in April 2014. It followed on from the North East Independent Economic Review and set out a high level vision for the economy and included investment programmes for Local Growth Fund and European funds which were available at that time.
The SEP was refreshed during 2016 and launched in March 2017 following an extensive consultation involving businesses and economic partners. The refresh process enabled the region to reflect on new economic data following the end of the recession and the changing economic policy environment including the decision to leave the European Union.