WAVTEQ is the leading global developer of FDI products, including fDi Markets & fDi Benchmark and an exclusive tech partner of fDi Intelligence, Financial Times Ltd.
WAVTEQ’s (www.wavteq.com) latest technical solution has been developed specifically for Local Enterprise Partnerships to assist the tracking, measurement and evaluation of inward investment (both foreign direct investment and UK-reinvestment) within their respective jurisdictions.
The technical solution comprises an annual subscription to FDI Accounting available at www.fdiaccounting.com. Please see the attached brief which outlines the features and benefits of accessing this unique and proprietary application at a preferential introductory rate for each of the 39 LEPs in England.
FDI Accounting assists each LEP to:
track and record inward investment (FDI & UK-reinvestment) which has landed in your jurisdictions using a robust methodology and system;
measure inward investment and its impact on the Local economy;
report on FDI results and the return on investment of each respective LEP’s inward investment function;
monitor and evaluate the economic impact of Investment activity and of their organisation in winning investment.
Uniform adoption of this cloud-based application enables LEPs to measure the economic impact of inward investment within respective jurisdictions whilst also monitoring and evaluating the investment promotion function of each organisation as individual LEPs can plug-in their Investment targets and then track performance against those targets via an interactive dashboard and on-demand Reporting module.
LEPs under RGF/ERDF obligations to illustrate value-for-money or return-on-investment will find FDI Accounting to be of significant assistance and added-value.
FDI Accounting is being introduced at a low, preferential cost for members of The LEP Network as we recognise budget constraints within the industry.
Please visit WAVTEQ at the upcoming LEP Summit – at Stand No. 4 - where our team can provide a brief online demo of the system to illustrate the benefits awaiting individual LEPs and The LEP Network as a whole. We look forward to seeing you there!