Envoy conducted an evaluation of the Centre for Engineering and Manufacturing Excellence (“CEME”). The evaluation focused on the social and economic impact created by the provision of rented office and workshop space to tenants, and the business support provided to tenants on the CEME site.
- Job growth at CEME is seven times higher than for the UK overall,
- The high quality of the CEME campus gives tenants credibility to their customers, and aids their recruitment,
- The total economic impact of businesses based at CEME is around £53 million per year,
- £4 of social and economic value is created for every £1 invested by CEME.