Economy
Delivering a thriving and productive economy in all parts of Greater Manchester is one of the key priorities of the Greater Manchester Strategy - Our People, Our Place.
World-class science, innovation and business takes place in Greater Manchester and we’re investing in it. We’re making it easier for start-ups and existing businesses to find investment to ensure they can grow. We know if we can improve productivity and pay, all our residents will be better off.
Local Industrial Strategy
Greater Manchester and the UK Government agreed one of the country’s first modern local industrial strategies in June 2019. The Greater Manchester Local Industrial Strategy outlines a set of long-term policy priorities to help guide industrial development and provides a joint plan for good jobs and growth in Greater Manchester. The Greater Manchester Independent Prosperity Review was established to undertake a detailed and rigorous assessment of the current state, and future potential, of Greater Manchester’s economy.
Greater Manchester Prosperity Review
UK Community Renewal Fund
The UK Community Renewal Fund is a UK Government programme for 2021/22.
This aims to support people and communities most in need across the UK to pilot programmes and new approaches to prepare for the UK Shared Prosperity Fund. It invests in skills, community and place, local business, and supporting people into employment.
GMCA's Call for Bids closed on Friday 14 May 2021. Bids received are being currently being appraised and a shortlist of projects from each area will be submitted to UKG before the deadline of 18 June 2021. Click the link below to find out more.
The Greater Manchester Social Value Framework 2020
Addressing inequality can be everyone’s business and now is the time to take action. Social value is a key element of our mission to Build Back Better, carrying out normal business in a way that creates lasting benefits for the people of Greater Manchester, the local economy and the environment.
This framework can be used across all sectors to guide our actions on six priorities:
- Good employment
- Clean Air
- Employment and Skills
- Strong Local Communities
- Green Organisations
- Local Supply Chains
Together, we can tackle widening inequalities and build back a better, fairer and greener economy in Greater Manchester.
Read more about the Social Value Framework
Good Employer Charter
We are currently developing a Greater Manchester Good Employer Charter to support employers to reach best practice, helping them to grow and provide the good jobs we need. You can shape the charter and the way it will work.
Read more about the Good Employer Charter
Supporting Greater Manchester businesses
There are around 105,000 companies in our area. But we want more! So we're making it easier to set up new enterprises, and are helping existing businesses develop and grow. We are working alongside the Manchester Growth Company (MGC) to bring trade, investment and growth to Greater Manchester and we're helping people get the skills and training they need to get started.
Business Growth Hub and Support
The Business Growth Hub (link opens in a new window), part of The Growth Company, was set up in 2011 and has since helped thousands of businesses across Greater Manchester. They support businesses at all stages of their growth journey with a broad range of services including expert one-to-one and peer-to-peer business support, events, specialist programmes and access to finance advice. Visit the Business Growth Hub to find out about the support available to businesses (link opens in a new window)
Business Advisory Panel
The panel’s members will advise the Mayor and Deputy Mayor for Business & Economy, Sir Richard Leese, on actions they feel the city-region should be taking on issues affecting business. The panel has representation from each of Greater Manchester 10 boroughs and membership is evenly split between women and men.
Read more about the Business Advisory Panel
Social Enterprise Advisory Group
A Social Enterprise Advisory Group has been established to advise on how to help create a social enterprise sector which contributes towards greater productivity, flexibility and agility in our economy. It brings together representatives from the different types of ‘social enterprise’ (including co-ops, trading charities), and aspires to have parity of representation across geography, gender, race, age to reflect the social enterprise movement in Greater Manchester.
Read more about the Social Enterprise Advisory group
Other links
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Economy