It is recommended that Cabinet:
1.Note the progress made in establishing the Council as
Surrey’s strategic economic leader including the taking on of
LEP functions and assets.
2.Note the use of delegated officer powers to approve the signing
of a Memorandum of Agreement with Hampshire County Council.
3.Endorse the refreshed strategic economic priorities that will
help to provide direction to the Council and local partners in
supporting local economic growth.
4.Note the plans to create a Surrey Growth and Innovation Fund,
subject to final Cabinet approval in February for the awarding
criteria and governance mechanisms aligned to the priorities in the
refreshed economic strategy.
Decision type: Key
Decision status: For Determination
Divisions affected: (All Divisions);
Notice of proposed decision first published: 28/10/2024
Decision due: 25 Feb 2025 by Cabinet
Lead member: Cabinet Member for Highways, Transport and Economic Growth
Lead director: Interim Executive Director of Environment, Property and Growth (EPG)
Contact: Robert Gibson Email: robert.gibson@surreycc.gov.uk.
Consultees
Surrey Partnership Boards: One Surrey Growth
Board; Surrey Business Leaders Forum; Skills Leadership Forum; and
Innovation Board.
Surrey District and Boroughs: Chief Executives Group; Place Leaders
Group
Upper tier local authorities: Hampshire County Council; West Sussex
County Council; Brighton & Hove City Council
Cities and Local Growth Unit (Department for Levelling Up, Housing
and Communities; Department for Business and Trade)