Improve will develop a sector specific tool which will enable food and drink companies to benchmark their performance against their counterparts on a number of business measures and identify key areas for improvement. The tool will be based on customisation and extension of the DTI Benchmarking Index.
Return on Investment
- A £7m increase in GVA across all businesses taking part in the pilot project measured 12 months after benchmarking is completed, projected to be £59m by 2018 following full roll-out.
- 100 businesses supported to complete the benchmarking process during the project period.
- £350,000 focused skills investment by businesses involved in the pilot project.
- Additional Investors in People referrals.
UK Commission investment £326,491
Employer/Other investment: £51,000
Employer/Other in-kind investment: £37,440
For more information about this project contact: