View the details of our investment board
North East LEP Investment Board
The Investment Board is a sub-board of the North East LEP Board, with the purpose to oversee all matters relating to the development and delivery of funding programmes operated by the North East LEP, including North East Growth Deal Local Growth Fund (LGF), North East Investment Fund (NEIF), and Enterprise Zone funding. It has delegated authority to take funding decisions of up to £5m on behalf of the LEP Board.
You can find the terms of reference, agendas, minutes and papers here.
David has spent his career in the automotive sector where he guided a local company into a major industry player. Using his extensive experience, he is now actively involved with many business groups to promote and support the growth of manufacturing in the North East. He also mentors various businesses in the region and was one of the founder members of the region’s first University Technical College.
You can read David’s Register of Interests here.
Gillian is a highly respected contributor to private and public sector organisations through various non-executive roles (including Harbour Commissioner at the Port of Blyth), her corporate finance consultancy business and mentoring for growth. Gillian was the first female Senior Partner at Watson Burton LLP, a national law firm with offices in Newcastle, Leeds and London, and before that, led the firm’s corporate team for many years.
You can read Gillain’s Register of Interests here.
Andrew Moffat has extensive experience in financial, commercial and strategic roles within a number of international companies. He joined the Port of Tyne as the Finance and Commercial Director in 2007 before progressing to Chief Executive until October 2018. He was named a Commander of the British Empire (CBE) in the New Year’s Honours List 2016 for services to the North East economy and UK ports. Andrew is Chair of the CBI’s Regional Council in the North East and a member of a number of other local partnership boards focused on the delivery of economic regeneration.
You can read Andrew’s Register of Interests here.
Councillor Iain Malcolm
Councillor Malcolm has been a member of South Tyneside Council since 1988 and Leader since 2008. He chairs the Board of Newcastle International Airport, is a Member of the South Tyneside Foundation Trust, Chair of the South Tyneside Health and Wellbeing Board and Chair of the Economic and Regeneration Board for the North East Combined Authority. Professionally he is Deputy Chair of Sovereign Strategy.
You can read Councillor Malcolm’s Register of Interests here.
Councillor Bruce Pickard
Councillor Pickard has been a member of North Tyneside Council from 1982. Since 2013 he has been the Deputy Elected Mayor and a Cabinet Member. His cabinet responsibilities include Regeneration, Planning, Business and Economic Development and Delivery of the Investment Programme
He is a cabinet member on the new North of Tyne Combined Authority with responsibility for economic growth and the Investment Fund. In addition he is a member of the Tyne and Wear Fire and Rescue Authority.
You can read Councillor Pickard’s Register of Interests here.
Trained as a chartered accountant, Jason is responsible for the monitoring and reporting of the funds in addition to managing the financial systems of the business and liaising with the European Investment Bank and other stakeholders. He has worked in regional venture capital for the past 13 years, having joined NStar in 2004 helping to establish and manage the North East Proof of Concept Fund and the North East Co Investment Fund. In 2010, Jason transferred to North East Finance where he served as finance director throughout the investment life of the North East JEREMIE Fund.
You can read Jason’s Register of Interests here.
As one of the Directors of Northstar, Ian oversees the investment team and leads on company exit strategies.
Ian began his career at NatWest, where he held a variety of positions in the retail and corporate banking sectors. In addition to having over 20 years’ experience in venture capital and private equity, Ian is an Associate of the Chartered Institute of Bankers, a Member of the Institute of Commercial Management and was an elected Corporate Finance Representative for The Securities Institute. He is a Member of the Entrepreneurs Forum and has mentored early stage business leaders through the Forum’s programmes. Ian also works with The Prince’s Trust, speaking at events to inspire future generations of entrepreneurs.
You can read Ian’s Register of Interests here.
David has 35 years’ experience in commercial property consultancy across all geographic areas of the country. He is responsible for advising clients on a regional and national basis, and coordinating a team of professionals offering comprehensive property advice to a wide range of clients.
He has represented major institutional landlords, occupiers as well as many public sector organisations. David has extensive experience in city centre development, letting and investment management and development consultancy for development companies, institutions and public sector bodies. His key skills include land assembly strategies, creation of master plans, marketing and sale of development opportunities, negotiation of development agreements, development partner procurement, preparation and analysis of development appraisals and viability assessments, exit strategies. He has particular expertise advising universities and colleges on their estate strategies and property interests.
You can read David’s Register of Interests here.
The North East LEP regularly publishes agendas, reports and minutes of its Board and sub Investment Board. Where reports contain confidential information, this may be excluded under The Local Authorities (Executive Arrangements) (Meetings and Access to Information) (England) Regulations 2012.
- November – agenda
- November – minutes
- September – agenda
- September – minutes
- July – agenda
- July – minutes
- May – agenda
- May – minutes
- March – agenda
- March – minutes
- January – agenda
- January – minutes
The first version of the Strategic Economic Plan was published in April 2014. It followed on from the North East Independent Economic Review and set out a high level vision for the economy and included investment programmes for Local Growth Fund and European funds which were available at that time.
The SEP was refreshed during 2016 and launched in March 2017 following an extensive consultation involving businesses and economic partners. The refresh process enabled the region to reflect on new economic data following the end of the recession and the changing economic policy environment including the decision to leave the European Union.