Sustainable Economic Development
Assessing local economic needs and opportunities
- Examine statistical evidence such as rates of economic growth, qualification levels, unemployment and sectoral composition.
- Carry out local surveys to gain understanding and input from local people and/or businesses.
- Examine best practice in similar projects or areas, using a range of techniques to find key messages that are most relevant to the project.
- Consult key stakeholders such as potential funders, experienced experts in relevant areas, local and national politicians, and where possible, end-users.
We can carry these steps out in an effective way, using established techniques, a wide network of contacts and a generous helping of good old common sense.
- Planning projects, programmes and policies/strategies involving defining objectives, deciding on delivery methods, identifying funding needs, designing governance arrangements and much more.
- Business planning to carefully identify likely costs and income generated, predicting usage or take up, detailed project appraisal and – again – much more.
- Securing funding whether it be from national pots such as national grants, local funding or corporate social responsibility funding programmes.
- Necessary approvals, which might include planning permission, environmental consents or political agreement.
We have a track record of negotiating each of these steps, and can help with any or all of them as needed.
Helping to deliver sustainable economic development
- Procurement: turning a general aspiration into a clear, tight specification for a service, which can be procured through competitive processes.
- Hands-on delivery: getting involved in delivering support to businesses or training to clients as required to make a project work.
- Management: identifying strengths and weaknesses in the performance of a project, and making practical, realistic proposals to improve deliver.
In the rare case that we can’t help, we will almost know someone who can.
- Review, carrying out a systematic assessment of what is working, what can be improved, what stakeholders think of the project or policy, and making recommendations for approval.
- Evaluate, a more formal review at the end of a policy or pragramme, involving a rigorous assessment of the impact that a project, programme or policy has had, including assessment of ‘net additionality’ (a piece of jargon meaning the overall impact that would not have happened otherwise).
- Share, making sure that those who need to know about what works are fully informed, through workshops, presentations or written evidence as required.
There is no one-way to do economic development so each local economy, organisation or government will approach it differently.