Daresbury Campus Impact Study
(Credit: Liverpool Echo)
An independent evaluation of the Sci-Tech Daresbury Campus highlights an impressive ecosystem that supports open innovation, and benefits the UK economy and wider society.
As one of the UK’s leading science and innovation campuses, Sci-Tech Daresbury is a valuable national asset that is helping to attract jobs and investment to the North West of England. Economic development consultants SQW were appointed to conduct an evaluation study to measure economic and societal impact from the Campus. Highlights from the study include:
The Daresbury Campus is:
- A major generator of both GVA and high-quality employment within the Northern Powerhouse. The gross GVA (Gross Value Added, a key measure of wealth in an economy) contribution of the operations at Sci-Tech Daresbury to the UK economy is estimated at £163 million in 2014/15, and almost 900 FTEs are employed on site. In total, (directly and indirectly) the Campus supports almost 2,000 jobs across the UK. This compares to the average annual £42.5 million input costs of running the STFC operations on Campus. When the Campus masterplan is fully realised, this could add £660 million to Sci-Tech Daresbury’s gross impact by 2040.
- Home to an expanding community of innovative, science and technology-rich high growth firms. In 2014/15 there were 100 firms on Campus who generated an estimated gross GVA impact of £94 million (out of the total Campus impact of £163 million), employed 528 FTEs and had created 300 jobs over the past three years. The three year business survival rate of companies located on the Campus is in excess of 90%, and tenant firms are more likely to invest in all forms of innovation than the national average of firms in the UK’s two most innovative sectors.
- Delivering a broad range of science and technology impacts. The campus provides an excellent science and engineering base, with a clear focus on supporting discovery research and a growing emphasis on commercialisation. It allows the UK to gain international leadership and influence, and helps to develop the skills of the next generation of scientists and engineers.
...and stakeholders reported:
- Stakeholders consistently reported that the co-location of the STFC with academic staff and research capabilities, specialist equipment, flexible property solutions and tailored business support on a single large site with good access to transport networks makes the Campus proposition highly attractive.
- Key stakeholder Unilever reported - "Hartree is a key consideration for Unilever remaining at Port Sunlight" and Unilever sees the Hartree Centre’s expertise as being able to add significant value to Unilever’s research and development processes in the future.
The richness of the Daresbury Campus story can be read in the final study report.
For more information on this study, or for a copy of the Sci-Tech Daresbury Campus Impact Study Report, please contact James Watson, Evaluation Programme Manager.