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


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


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


Digital business programme boosts tech businesses in the M3 region - SETsquared


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


Design. Develop. Publish. - Anglia Ruskin University


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


Using degree apprenticeships to meet regional need - Sheffield Hallam University


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


New home, new alliances - HSBC


Ørsted nurtures the foundations of an affordable future - Ørsted


A renaissance in UK manufacturing - University of Sheffield


Sensor technologies to put Liverpool on the map - Sensor City
Sensor City


Hertfordshire Science Partnership - University of Hertfordshire


Showcasing place-based value - University of Gloucestershire
Sensor City


Beyond borders: the Glasgow University innovation district - University of Glasgow


Making the connection – a new national innovation compact for Wales - Growing Value Wales


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

Expand for more