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Place based impact acceleration accounts: early-stage review, evaluation report (PDF)
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Place based impact acceleration accounts: early-stage review, evaluation report case studies (PDF)
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Details
The report is an early-stage review of the place based impact accelerator account (PBIAA) scheme launched by EPSRC in October 2022.
The PBIAA scheme aims to align engineering and physical sciences research with place-based thematic clusters to drive local economic growth and innovation.
This place-based approach is a departure from traditional EPSRC funding models and is designed to foster collaboration between universities, civic organisations, and businesses, enhancing the relevance and impact of research in defined places.
Through the PBIAA scheme pilot, EPSRC has invested over £63 million across 17 consortia, distributed via two funding rounds.
Prospective PBIAAs could apply for one of two funding streams.
The first was for ‘emerging’ clusters, with up to £2.5 million available.
The second was for ‘established’ clusters, with up to £5 million available.
Funded PBIAAs span a wide range of industry sectors, including net zero energy, biotechnology, digital healthcare, and cybersecurity, and are distributed across the UK, including Northern Ireland, Scotland, Wales, and various regions of England.
Ten case studies are also available that look in more detail at specific clusters.
The report references a PBIAA monitoring and evaluation framework created by the external consultants with a suggested overview of what EPSRC could do to source evidence towards these outcomes.
This can be requested from the EPSRC Evaluation team by email: epsrcevaluation@epsrc.ukri.org