South East England Development Agency is Closing on March 31, 2012

The Government has announced that all Regional Development Agencies (RDAs), including SEEDA, will close by 31 March 2012.

Responsibility for economic development and regeneration in England is being passed onto successor bodies, including Local Enterprise Partnerships (LEPs) and central Government departments

Our objective is to ensure a professional and cost effective closure by this date.  We have pledged to work closely with our partners, contractors and stakeholders to ensure that the past and future economic benefits of key programmes and assets continue to deliver the greatest economic value for the South East and value for money for the taxpayer. 

Please click here for more details about our closure plan, transition arrangements and successor organisations.

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Who We Are

SEEDA worked to secure economic development through expert interventions, expert deal-making and expert advice. We provided businesses with the support they needed to grow, through our in-depth knowledge of their needs and the economic conditions, in which they operate.

SEEDA was one of England’s nine Regional Development Agencies, primarily funded by the United Kingdom Government through the Department of Communities and Local Government (CLG) and the Department of Business, Innovation and Skills (BIS). It was established in 1999 and led the development and implementation of the Regional Economic Strategy for South East England.

SEEDA will continue to complete or transfer a range of programmes to implement the Regional Economic Strategy until the Agency closes in March 2012

Key Achievements

During 2009-2010, SEEDA’s activities delivered:

  • over 10,000 jobs created or safeguarded, including 7,000 jobs created through inward investment work
  • 65 inward investment successes
  • some 52,000 businesses were supported to improve performance
  • over 5,700 new businesses created and demonstrating growth
  • nearly 16,000 people assisted to improve their skills and over 15,000 assisted to gain employment.

Independent research by PriceWaterhouseCoopers shows that during the period 2002-2007:

  • Overall, every £1 invested by SEEDA achieved a return of £5.60 to the South East economy;
  • Every £1 invested by SEEDA in attracting foreign investment achieved a return of £14.60.

Key SEEDA documents:

Regional Economy Strategy 2006-2016

Regional Economic Strategy 2006-2016 Framework

Regional Economic Strategy 2006-2016 Implementation Summary

Regional Economic Strategy 2006-2016 Implementation Plan

Corporate Plan 2008-2011

Corporate Plan 2008-2011 Summary

Corporate Plan 2008-2011 and the Corporate Plan Refresh 2009-2011 (prepared August 2009)

Annual Report and Accounts 2008-2009

Annual Report and Accounts 2009-2010