CHAMBER NEWS
The launch of the inaugural LBF, which has since gone from strength to strength
Chamber welcomes the return of the Leicester Business Festival
The Chamber is once again to be a partner of the Leicester Business Festival (LBF), which will return between 23 October and 3 November and for a further two years after that. Leicester and Leicestershire is
the East Midlands’ largest economy and, in 2014, Leicester and Leicestershire Enterprise Partnership (LLEP) reported Gross Value Added of 3.9%, growing the economy to £19bn by 2015; a growth rate which outstretched that of London. With the economy predicted to grow to £23bn by 2020, Leicester Business Festival continues to play a critical role in the landscape of Leicester and Leicestershire’s economic success. LBF offers a unique combination
of events that drive the strength, diversity, innovation and forward- thinking culture of the business community and has become a major platform for placing the region at the centre of the UK’s business agenda.
Offering extensive and wide-
ranging programmes each year over a two-week period, LBF is currently the region’s largest business event.
‘The Festival’s core objective is to place the region’s activities on a national and international platform’
In 2016, 24% of the c.12,500 visitors were from outside Leicester and Leicestershire, demonstrating the extent to which the Festival is reaching far beyond the boundaries of the region and securing interest and investment from elsewhere in the UK and abroad. These events are hosted by the dynamic leaders of the business community and are programmed to showcase the developments and innovation coming out of the region.
Founded in 2014, with the first
event taking place the following year, the Festival’s core objective is to place the region’s activities on a national and international platform in order to attract inward investment that will facilitate economic growth. The vision is to bring individual local businesses together to facilitate collective growth. LBF is the antithesis of a ‘top
down’ organisation, allowing partners and supporters to take the lead in organising events and collectively setting the agenda and programme each year alongside the supportive framework of the LBF infrastructure and delivery team.
Sponsorship and support are key
to its heart and LBF prides itself on a growing synergy of dynamic partners for 2017. Scott Knowles, Chief Executive of the Chamber and Chair of the Board and Director of the not-for-profit Leicester Business Festival Community
Interest Company which operates LBF, said: “Leicester Business Festival provides a showcase for the innovative, creative and world- class businesses in Leicester and Leicestershire via a programme of business events over two weeks. “The Chamber is proud to be a
stakeholder in the Festival to ensure its members, customers and the wider business community get the opportunity to participate in this world-class business festival, which is a key component in creating an environment that is conducive to good business in an ever evolving business community.” Leicester Castle Business School
will be our headline partner for the next three years of the Festival, demonstrating its commitment to local businesses and the growth of the Leicester and Leicestershire economy.
For information on Leicester Business Festival 2017, visit
www.leicesterbusinessfestival.com
22 business network May 2017
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