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Executive BoardBoard RepresentationChamber of CommerceCommon Purpose with LSPs
  
Common Purpose with LSPs
Chamber of Commerce
Organisational Purpose
Common Purpose with LSPs
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Relationship with other Partnerships
More Information
 
Chambers work in a variety of local partnerships (increasingly with LSPs) to influence local policy and improve the competitive environment for business. For many LSPs, individuals from the Chamber may be among few business representatives, and the Chamber may play an important role in stimulating the interest of individual business people interest in the LSP’s work.
 
The National Strategy for Neighbourhood Renewal recognises that a successful local economy is the backbone of a successful local community and that active business involvement is necessary to secure investment and create and retain jobs. As service users, they have views that partners need to hear to deliver more customer-focused services.  Business people may offer skills and resources that are not available from other sectors, and have new solutions to local issues. They may themselves be local service providers and are potential partners on renewal and regeneration projects.
 
Chambers and their members directly influence the pool of local jobs. They contribute to local targets for improving skills and to ‘worklessness’ outcomes for LSPs.
 
As partners on the LSP, Chambers can:
 
  • distribute information to local entrepreneurs and businesses
 
  • promote the business case for involvement in the LSP and neighbourhood renewal
 
  • help partners improve their targeting for engaging the private sector
 
  • provide a source of intelligence about the local economy and local businesses
 
  • link to job opportunities outside the area, and to possible inward investment
 
 
Drivers
 
  • An opportunity to promote understanding of local business needs, and to influence LSP strategic priorities and actions.
 
  • Scope to open up public sector procurement opportunities for local businesses.
 
  • Short term: better contacts and local knowledge; longer term: better trading environment (less crime, better skilled workforce and better physical environment); in time: direct financial benefits for businesses (lower insurance premiums, lower staff turnover, more buoyant markets)
 
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