Economic Development
East Lindsey is one of the largest and sparsest districts in the country and is made up of distinct economic and geographical areas. We have over 7,000 businesses in our economy and our key business stock sectors are Retail, Construction, Agriculture and Hotels and Restaurants. Overall total employment in East Lindsey is just over 40,000. The largest employment sector is wholesale and retail, followed by the hotels and restaurants sector. Other key employment sectors include Health and Social Work, Manufacturing, Business Services, Real Estate and Education.
Support Services
We are dedicated to working with you to develop a sustainable, thriving and prosperous economy and offer you a range of services to help develop your business and our local economy including:
- Encouraging and supporting local and inward investment
- Co-ordinating and supporting activities which focus on skills development
- Business start-up advice and established business development support
- Commercial property and land provision, searches and advice
- Sourcing of funding and grants
- Business incubation and support through our business centres in Skegness, Mablethorpe and Louth
- Supporting procurement through training and the Procurement Lincolnshire Programme
- Development of innovation
- The development of policy to address the challenges faced by both rural and coastal economies
- The provision of general markets and associated infrastructure
- Tourism infrastructure development and quality standards programme
- Town centre management
Contact us if you would like to discuss a business project or want further information on the economic and business development services available.
East Lindsey Economic Baseline
The East Lindsey Economic Baseline presents a thorough and wide-ranging assessment of the East Lindsey economy, set within the context of the 'Lincolnshire County' and 'East Midlands Regional' economies, and the wider national economic picture. The analysis reviews the socio-economic characteristics of East Lindsey, including the economy of its Coastal Area, the Rural Inland Area and its principal towns.
The Baseline provides detailed analysis of East Lindsey's employment and business base, people and communities, and through comparator analysis, economic growth projections and consideration of sustainable economic growth issues recommends priority areas of action to exploit opportunities for the District to address its future challenges.
Coastal Skills Audit
Detailed report by the Institute of Employment Research at Warwick University provides an account of:
- the current and future demand for skills and training in the Coastal Zone
- the current state of supply of skills and training
- the extent to which there is an imbalance between demand and supply
- the barriers and facilitators to more skills development and training and how these might be overcome
- recommendations for developing further the skills base of the Coastal Zone’s economy
In particular, the study is concerned with how to stimulate investment in skills from both learners and employers to benefit the local economy. It makes clear that in order to improve the market position of the Coastal Zone’s economy, the first step is to encourage local employers to raise their game. This suggests that a key emphasis of any intervention needs to be on business development.
