Social Impact Summary “We have spoken to a variety of key stakeholders through the evaluation process with a robust assessment of activities in line with the Social Value Quality Mark (SVQM) nationally recognised standards. We are confident in the results established through our independent evaluation, identifying over £1.57m of social value being created along with a social return on investment (SROI) of £2.55 against every £1 invested. The main areas for the creation of Social Value revolved around education and skills development along with charitable activity from IN4 Group and industry partners. This has enabled individuals from some of the most deprived areas of the country based upon the government’s Index of Multiple Deprivation (IMD2019), the chance to begin their journey to become trained and upskilled to take advantage of the future opportunities that will become available within the North West Cyber Corridor. This strategic investment is invaluable to ensure demand can be met for those industry partners who will be offering those opportunities. It also helps schools and colleges to shape future provision, giving their students both an improved outlook and prospects with the goal of becoming part of the new workforce of the future in cyber and tech.”
Dave McGuiness Social Value Business
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