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Economic development
Three examples of our economic development work are given below.
Tradelink. Renewal Associates won the contract to develop, then run, Tradelink for establishment period. Tradelink was a service which connected large firms and public bodies buyers to local suppliers not previously connected to the big buyer network. In eighteen months £3m worth of orders which would have been lost to Merseyside were retained in the county, safeguarding hundreds of jobs.
Business development fund. Examination of the demand for a business development fund for new start and small businesses arising from the communities in Moss Side and Hulme Manchester, considering the gaps in the funding provision, management mechanism, terms of provision and identification of potential sponsors.
Business Association. Evaluation of a publicly-funded Business Association in Liverpool which was failing to meet targets, resulting in a report proposing its closure. More positively Renewal Associates provided recommendations about how to best serve its intended beneficiary businesses.
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