Advantage West Midlands [SEP] inception
Advantage West Midlands
Advantage West Midlands was established in 1999 as one of nine regional development agencies (RDAs) in England. RDAs were created by the UK Government to drive sustainable economic development and social and physical regeneration through a business-led approach. Operating at arm's length from government, RDAs had business-led Boards that were appointed by the Secretary of State for Business, Innovation and Skills. Advantage West Midlands was closed on 31 March 2012 as part of the wider closure of the RDA network.
Investment.
, this return had increased to £8.14 for every £1 invested.
- The National Audit Office undertook two detailed assessments of RDA performance – the Independent Performance Assessment of 2006–7 and the Independent Supplementary Review of 2009–10. In each, Advantage West Midlands achieved the maximum possible rating.
In addition to Government-commissioned evaluations or assessments – and as part of its own continuous improvement programme – from 2007 Advantage West Midlands participated in the annual "Midlands Excellence Awards," with the following results:
- 2007 – Achieved