Impact Acceleration Accounts
Economic and Social Research Council (ESRC) Impact Acceleration Account (IAA) partnerships seek to develop new relationships and grow existing ones to accelerate the real-world impact of Lancaster University Management School’s cutting-edge research. Our world-leading academics collaborate with you to develop joint projects lasting between three and 18 months.
How does an IAA work?
IAAs are open to a wide range of partners, including, private businesses (of any size or sector), local authorities, Local Enterprise Partnerships, schools, charities, NGOs, community organisations and special interest groups.
Expert Lancaster researchers work with you on the project, supporting you in reaching your economic or social goals.
Lancaster University has received £1m of IAA funds from the ESRC, available until March 2023. An internal application process promotes quick funding decisions and project start-up.
Three types of funding are available:
Seed Fundingto stimulate new partnerships and develop new ideas. Typically worth up to £5k over 3-6 months.
Growth Fundingto support established partnerships and accelerate, deepen or broaden impact. Typically worth £10k-£15k over 6-12 months.
Joint-Funded Projectswith typical values of £40k-£50k.
Seed Funding and Growth Funding projects require no cash contribution from external partners. For Joint-Funded Projects, at least half of the total project costs come from the external partner.
Professor Katy Mason was part of a Lancaster University Management School team who worked with the UK Cabinet Office on an Impact Accelerator Account-funded project.Read Case Study