Budget Cuts: Solent LEP Possibly Going To Increase Budget By £100k

It’s not all cuts, extra money is going to some areas.

We have just seen the full Isle of Wight council cut proposals which have just been outlined in preparation of the December Cabinet Meeting.

Here’s what they say about the new Solent LEP (Local Enterprise Partnership) …

The announcement that the Solent LEP bid is to proceed is very welcome. Work on the development of the LEP has continued and collaboration on the inward investment and skills development agendas with Portsmouth and Southampton continues and within existing resources.

It is proposed that the current level of spend is at least maintained at this crucial time and consideration given to increase the spend in this area by £100,000 as part of the budget setting process in February 2011 to enable further work on strategic tourism and support for the further development of renewable technologies on the Island.

Image: Mel B under CC BY 2.0