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APC STUDY > Economic Development > Flashcards

Flashcards in Economic Development Deck (4):
1

What is an LEP

Local enterprise partnership. Lead economic growth and job creation within a local area.

2

What is the ERDF?

European Regional Development Fund.

2014-2020 just been announced

Used at digital village

3

What are the benefits of enterprise zones?

The aim is to encourage job creation.

Business rate discounts, relaxed planning process, tax breaks

4

What are the state rules

Must not distort competition

Must not use more than one stream of public funds