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Regional Development Agencies: South East Region

Volume 470: debated on Thursday 10 January 2008

To ask the Secretary of State for Business, Enterprise and Regulatory Reform what assessment he has made of whether the South East of England Regional Development Agency offers value for money. (176365)

SEEDA's performance, like that of other RDAs, is assessed in a number of ways:

Performance against targets: In all except three cases SEEDA has met or exceeded the thirty-four targets set over the last five years.

Independent Performance Assessment: The NAO assessment last year found that SEEDA was performing strongly. This judgement was based on performance on: ambition; prioritisation; capacity; performance management; and achievement (report available on www.nao.org.uk.)

Regional Economic Strategy: SEEDA's review of the Strategy in 2006 and subsequent development of the RES action plan has demonstrated its strengths in achieving wide regional backing for the Strategy and its delivery.

Evaluation: SEEDA and other RDAs have a major programme of evaluation of the impact of their spending. Results from this will be available later this year.