Understanding 'what works' and applying lessons to new
circumstances is critical to innovating policy and refreshing local
economic programmes.
Identifying the real effects of investment, through robust
impact measurement ensures that policy makers are fully informed of
the potential consequences of future actions and can adjust
investment choices to maximize local benefits.
GENECON has wide experience of applying HM Treasury 'Green Book'
and associated methodologies to economic impact assessments.
We have
- developed bespoke economic impact tool for Essex County Council
to guide capital project priorities;
- prepared an economic model to measure the potential impact of
Devolution 'asks' for Tees Valley Unlimited;
- assessed the impact of Local Growth Fund investments across
several LEP areas;
- prepared an economic impact assessment of Dogger Bank and East
Anglia offshore wind farms, the largest development of their kind
in the world;
- measured the economic benefits of proposed flood defence
measures in Calderdale;
- developed an economic model to assess the economic impact of
East Sussex County Council's £500m Capital Programme;
- measured the impact of investments in the science sector as
part of the North West Science Fund and the merger of two
universities in Manchester;
- modelled the economic impact of university-related developments
in York, Lancaster, Salford and Wolverhampton;
- assessed the economic impact of national heritage and cultural
assets such as Hadrian's Wall and the Turner Gallery and
Yorkshire's regional heritage base;
- developed innovative new approaches to measuring the economic
and social impacts of 'Green Infrastructure' and urban public
realm improvements
- evaluated the role of Employment & Skills Boards in the
South East;
- assessed the role and impact of Hull City Build, the city's Urban Regeneration
Company;
- evaluated rural and agricultural sector investments in the
North East and Yorkshire's Renaissance Market Towns
Programme.