2014 Annual Report

Governance Structure
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 will be 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.
Programme
Management
NEP Board*
Strategic Growth agenda and
private sector accountability
Prosperity
Board
Democratic and Financial
Accountability
Operational Arm
of LEP Board Accelerating Growth Enabling Growth
These new arrangements bring together private,
public and voluntary and community sector partners
to drive forward the delivery of the Strategic
Economic Plan and European Structural and
Investment Fund (ESIF) Strategy, and ensure that
NEP’s business is delivered to the highest standards
of propriety and transparency.
Growth
Implementation
Board
Business
&
Innovation
Employment
&
Skills
Housing
Infrastructure
&
Connectivity
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.
Local
Delivery
Teams
HPT
Strategy Boards
Logistics
Finance & Audit
Sub-Committee
Northamptonshire
ESIF
Committee
Food & Drink
Creative
& Cultural
* Fulfils Local Transport Body functions
20 Annual Report 2014
northamptonshireep.co.uk 21