Sharing the Success, the Leeds LEGI Programme
In 2007, and against stiff national opposition, Leeds was successful in bidding for LEGI (Local Enterprise Growth Initiative) funding to further the economic development of the city's most deprived areas. A commitment of £20.6m over 4 years (2007-2011) has been made by government. The programme is called Sharing the Success.
Leeds Ahead played a key part in putting the bid together and co-presented the bid to the national panel alongside Leeds City Council.
Overall objectives of the LEGI funding
- increase total entrepreneurial activity among the population in deprived local areas;
- support the sustainable growth and reduce the failure rate of locally owned business in deprived areas; and
- attract appropriate investment and franchising into deprived areas, making use of local labour resources.
The key component of the Sharing the Success Programme is the creation of three self-sustaining enterprise Catalyst Centres in the most deprived areas of Leeds.
For more information on the Sharing the Success programme, please visit their website at http://www.sharingthesuccess.co.uk/
