Leicester is full of opportunities.  Some of the UK's most successful businesses are located in Leicester.  Two world class universities are based within the city and a third is just outside.  The people of Leicester demonstrate greater innovation, creativity and entrpreneurialism than other parts of the UK.  The city's young and ethnically diverse population cultivates these traits and has contributed to the strong rate of business formations.  Yet there still remain high levels of deprivation across many of the city's wards.  Unemployment in many areas is stubbornly high and earnings for employees and residents within the city are significantly below the national average.

 

City growth tackles the problems of unemployment and poverty in deprived inner city areas by recognising the potential for enterprise and creativity that resides in all individuals and in the companies already successfully trading in the city.  It seeks to help succesfull business grow faster thus creating more wealth and sustainable new jobs.  In so doing, it opens up new market opportunities for enterprise and entrepreneurship for young and old alike across all communities.  To achieve this City Growth focuses on cluster led initiatives to create wealth and social prosperity particularly on the inner-city deprived neighbourhoods.

 

Based on research five clusters were identified as being areas for strong opportunities for growth in Leicester are construction, retail, food and drink and the creative industries and technology.

 

The City Growth Vision is to:

 

 

To acces City Growth Leicester and Leicesters City Growth Strategy click HERE