SEEDA Draft Corporate Plan 200508

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SEEDA Draft Corporate Plan 2005-08
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Budget Choices Overview

• Playing to strengths 155m
• Adding impact and expertise 160m
• Exit 32m
• Committed areas for improvement 62m
• Innovative programmes 34m

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Evidence Base

• Academic research, independent reviews and
  surveys, international evidence
• Government white papers, policies, strategies,
  and evaluations
• Regional research
• Assembly scrutiny
• SEEDA project and programme evaluations

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SEEDA SET-Related Budget(K combined capital
revenue)
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Resource Plan by Sub-Region

• Health warnings
• Budgets still being settled
• Best guess, not cast iron guarantee
• Some spend cannot sensibly be divided eg RES
• Some sub-regional allocations are notional
• Shape of some programmes is yet to be developed

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Measuring the Difference from Inputs to Impact

• More difficult to measure
• Long term
• Many influences

• Easier to measure
• Short term
• Clear attribution

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Outputs Work in Progress

• Detailed budgets not yet settled
• New Framework, new definitions
• Guidance -range, annual revisions
• Business Link outputs accounted separately

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Impact Indicators Work in Progress

• Choice of indicators
• Choice of countries for comparison
• Statistical issues in making comparisons
• Examples follow

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Case 1 The South East relative to the best
performing OECD countries

• Eight countries (out of 30 OECD countries)
• Some countries will change depending on the
  indicator
• In some cases the best could mean those less
  developed members i.e. with regard to growth
  rates or CO2 indicators
• Final results weighted to account for differences
  in size of national economies

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Case 2 The South East relative to a fixed basket
of OECD countries G7 countries

• Seven countries (G7 countries)
• Fixed basket
• Basket includes USA, Japan, Germany, France, UK,
  Italy, Canada
• Final results weighted to account for differences
  in size of national economies

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Next Steps

• Full draft to DTI 25 January
• Response from Government mid February
• Final Plan to SEEDA Board 17 March
• Summary to be published