Local Business Impact

Local Business Impact

Growing the economy is no easy task, and growing it evenly is almost impossible. Yet there is a clear need to carefully balance the needs of the country with local capability, regional ecosystems, and place-based strategy.

Across the country there are the hot spots, and the ‘not spots’. World-class excellence is, of course, more prevalent and likely to succeed in economically advantaged areas. There are many examples of local players investing in local collaborations to encourage innovation to flourish, which is evident here; from well-known Gloucestershire events harnessing local expertise, to universities working to understand and match local skills need in Sheffield, to technology hubs in Kent, Cambridgeshire, and Liverpool welcoming SME participants.

There are examples of large national issues, such as the ever present STEM skills shortages, being tackled on a local level for local growth. And there are examples of place-based issues, niche threats to regional economies, being challenged by the combined efforts of universities and businesses, both the large and the small.

It’s clear from the case-studies in this section that both universities and businesses are taking their role in local eco-systems seriously, and as a result, clear identities and specialisations are starting to emerge. The case-studies in the section alone have helped more than 3000 local businesses, levied over £2.25bn in funding and investment, created 1000 jobs, 371 apprenticeships and added hundreds of millions to local economies.

Browse the Case Studies

Introducing Strength in Places - UKRI
Strenght in Places

 

Placing locality at the heart of engagement - Leeds Beckett University
Leeds Beckett

 

Gamification prompts regional SME growth - Aston Business School
Aston Business School

 

Growing the regional economy: a new vision for engineering and technology - Canterbury Christ Church University
engineering

 

Engaging businesses with arts at the University of Nottingham - University of Nottingham
engineering

 

The New Keele Deal - supporting Staffordshire’s business community - Keele University
Keele

 

Using Big Data to grow small businesses - University of Exeter
Environmental Futures and Big Data Impact Lab

 

Design. Develop. Publish. - Anglia Ruskin University
REACTOR

 

Nurturing graduate talent to introduce innovation into businesses - Nottingham Trent University
REACTOR

 

Brighton: the seaside town that fuses the arts with technology - University of Sussex

 

Ørsted nurtures the foundations of an affordable future - Ørsted
REACTOR

 

Please note that case studies from the 2018 State of the Relationship Report are uploaded on an ongoing basis.

Browse other sections of the 2018 State of the Relationship Report by topic:

Changing State of Higher Education Driving Solutions Safeguarding the future People and Wellbeing

 

You can download the full report here.

Previous reports:

State of the Relationship 2017
State of the Relationship 2016
State of the Relationship 2015
State of the Relationship 2014

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