Our Performance
Since our inception in 1999, we have consistently met or
exceeded all targets set by Government and have:
- Created or safeguarded 222,000 jobs
- Created 23,000 new businesses
- Reclaimed 4,700 ha of brownfield land
- Levered £3.2 billion private sector investment
- Awarded a "Performing Strongly" rating in the National Audit
Office’s Independent
Performance Assessment
How We Manage Our Performance
Our performance is assessed against a number of key documents:
the Regional Strategy, the Business Plan and the Corporate Plan.
The Executive Management Board (EMB) work to ensure all actions
within these strategic documents are fulfilled by the NWDA, making
regional investment decisions and approving regional projects
support.
The Project Review Group (PRG), which is a sub-group of the EMB,
is responsible for reviewing any projects being considered by the
NWDA. The PRG agrees the allocation of both finance and people to
the projects which are approved by the EMB and the Board.
The NWDA - along with the other Regional Development Agencies -
meet with key ministers for ministerial briefings on a regular
basis. We are accountable to and report to the Department of Business, Innovation
& Skills (BIS), formerly the Department for
Business, Enterprise & Regulatory Reform (BERR).
BIS's approach to regional policy is designed to build the
capability of regions, putting greater emphasis on growth within
all regions and strengthening the building blocks for economic
success and boosting regional capacity for enterprise.
We are accountable through our Chairman to the Secretary of
State and our Chief Executive is personally accountable for the
effective and efficient management of public money to Parliament
though BIS. We are also accountable to Regional Select Committees
and Grand Committees of MPs.
Our Chief Executive also reports to 4NW, the Regional Leaders’
Forum - the voluntary body which reports on the
outcome of their scrutiny review each year.
The NWDA is subject to a number of performance management and
reporting requirements including Corporate Plans, Annual Reports
and Independent Performance Assessments, which are co-ordinated by
the
National Audit Office (NAO). In common
with the other RDAs, we are currently undergoing an Independent Supplementary
Review (ISR) by the NAO.
Annual Performance Reports
Under the Government's new Sponsorship Framework for Regional
Development Agencies, the NWDA is required to produce an Annual
Performance Report stating how it has progressed against the 11
corporate objectives in our Corporate Plan.
The report also covers how the NWDA has integrated the
cross-cutting principles of sustainable development and economic
opportunities for all into its business and activities. It also
reports progress on wider organisational achievements and
developments over the past year.
Annual General Meeting & Annual Conference
The Annual Conference & AGM is a chance for regional
stakeholders to find out more about the NWDA's key highlights and
success stories of the past year and the challenges for the year
ahead. It also allows us to report on our performance.