EPSRC Impact Acceleration Account 2017-2020 –
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EPSRC Impact Acceleration Account 2017-2020 –

Author : conchita-marotz | Published Date : 2025-06-27

Description: EPSRC Impact Acceleration Account 20172020 Launch April 7th 2017 Dr Mark Rushforth Head of Partnerships Business Engagement mrushforthlancasteracuk Phil Ternouth IAA Manager pternouth1lancasteracuk Dr Dee Hennessy Faculty

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Transcript:EPSRC Impact Acceleration Account 2017-2020 –:
EPSRC Impact Acceleration Account 2017-2020 – Launch April 7th 2017 Dr Mark Rushforth Head of Partnerships & Business Engagement m.rushforth@lancaster.ac.uk Phil Ternouth IAA Manager p.ternouth1@lancaster.ac.uk Dr Dee Hennessy Faculty Engagement Facilitator d.hennessy@lancaster.ac.uk Roadmap Introductions What We Did Impact and how it arises Academic benefits from collaborations Value of collaboration to partners Barriers to successful collaboration Launch of the IAA 2017 – 2020 EPSRC IAA – What We Did Initial £600K allocated in Sept 2012 (for 3 years) Awarded additional funding of ~£304K in July 2015 and ~£64K in July 2016 so total awarded ~£968K IAA activities were designed to: Address barriers in university/SME collaboration Use novel approaches to develop proposals to exploit EPSRC funded research Enhance the capacity of targeted SMEs to take up outcomes from EPSRC funded research Evaluate and develop models to enhance impact of EPSRC funded research on SME Sector EPSRC IAA – What We Did Ran a series of calls for researchers to apply for seed funding (£5-£10K) and co-funding (up to £25K matched in cash by an external partner) Run in conjunction with workshops Open and discipline specific (Eco-Innovation/Energy & ICT/Cyber Security) Explore the collaborative potential of partnerships (both new and existing) Understand the mutual benefits of collaboration for both partners Develop successful applications (funded through the IAA or by some other mechanism such as KTP, InnovateUK or Horizon 2020) Introduce impact to CDTs (STOR-i and Highwire) Embedded evaluation into the process Formative (make changes throughout the programme) Collect outputs/outcomes/impacts Demonstrates value of funding to researchers/institution/EPSRC EPSRC IAA – What We Did EPSRC IAA – What We Did EPSRC IAA – What We Achieved 355% (nearly £3.5M) leveraged investment was triggered into the impact pathway CiK ~ £388K Paid to the University (IAA) ~£535K Paid to the University (Outside IAA) ~£946K Investment by Partner in related R&D ~£1.5M Impact and how it arises What constitutes impact ? Economic / social / environmental impact = beneficial change outside the university Who produces it ? Usually change in or by external organisation(s) - multiplier effect of increasing adoption and use of the impact creating change Research background – body of practice led research from 2004 and on by CIHE and others From 2004 onward approximately 300 successful cases studied Importance of collaboration How collaborations are effective 5Cs model - Processes leading to impact – common features in cases selected as successful for the partner. C5 - Objective

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