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APC STUDY COPY > Economic Development > Flashcards

Economic Development Flashcards

1
Q

What is an LEP

A

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

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2
Q

What is the ERDF?

A

European Regional Development Fund.

2014-2020 just been announced

Used at digital village

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3
Q

What are the benefits of enterprise zones?

A

The aim is to encourage job creation.

Business rate discounts, relaxed planning process, tax breaks

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4
Q

What are the state rules

A

Must not distort competition

Must not use more than one stream of public funds

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APC STUDY COPY (14 decks)

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