UK Research & Innovation · Awarded contract
Awarded

Economic Evaluation of BBSRC Translational Funding by Cambridge Policy Consultants

Awarded 27 Feb 2023

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Awarded27 Feb 2023
Value£105,025.00
SupplierCambridge Policy Consultants Ltd
AgencyUK Research & Innovation
RegionSouth West
CategoryConsultancy & Legal
Ended 3y 1mo ago7mo term
Awarded 27 Feb 2023Expired 8 Oct 2023

About

UK Research & Innovation awarded a contract to Cambridge Policy Consultants Ltd for an economic evaluation of BBSRC's translational funding.

The study assessed the outcomes and impact of BBSRC's investments in translational funding since 2004, focusing on the effectiveness of the Follow on Fund and Impact Acceleration Accounts in achieving strategic aims and monetising economic impacts to deliver a Gross Value-Added figure.

It included in-depth case studies and described how BBSRC/UKRI created leverage and opportunity for the academic research base, individual businesses, bioscience entrepreneurs, and the wider economy.

The contract value was £105,025, with work expected to commence in February/March 2023 and complete by 30 October 2023, with optional time-only extensions of up to 4 months subject to UKRI approval.

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