Around 70 business people and transport professionals met at the Coventry Transport Museum to outline the major priorities for 2015 to 2019.
Their feedback will form part of a response from Coventry and Warwickshire which has to go to the Department of Transport by April next year.
Martin Yardley, chief executive of the Coventry and Warwickshire Local Enterprise Partnership, said transport was key to breaking down the barriers to growth – the sole aim of the LEP.
“I think it is fair to say that in the past transport has been viewed slightly in isolation,” he said.
“It has been about the swift and efficient movement of people which is quite correct, but that has to be allied to our economic aims and ambitions. It is a key economic driver and it needs to be part of our thinking from the start.
“LEPs are all about growing the local economy and transport plays a key part in that.”
Coventry City Councillor John McNicholas and Warwickshire County Councillor Alan Cockburn – along with leading transport planning consultant David Tucker – set the scene on area transport.
The delegates then split into working parties before submitting their ideas and thoughts – which will now be formulated into the formal response.
Councillor Cockburn, LEP board member for transport said: “We are primarily looking at schemes which could range from around £1 million upwards and which could have a telling impact.
“A massively diverse range of topics from quick wins right through to motorway junction improvements and major new rail schemes were discussed, and then debated.
“It was a really worthwhile exercise. Delegates will have a full report of the meeting which will then be refined before it is submitted in the spring of next year.”
MPs Jim Cunningham, Mark Pawsey and Marcus Jones along with MEP Philip Bradbourne attended the session which was organised by the LEP, Warwickshire County Council, the Chamber and the FSB.