People working at a desk.

Impact Acceleration Accounts

Case Study

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
Katy Mason

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.

Funding

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 Funding

    to stimulate new partnerships and develop new ideas. Typically worth up to £5k over 3-6 months.
  • Growth Funding

    to support established partnerships and accelerate, deepen or broaden impact. Typically worth £10k-£15k over 6-12 months.
  • Joint-Funded Projects

    with 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.

Contact us to find out more

For more information about IAA collaborations, email Partnerships Development Manager Simon Hallam: lumsforbusiness@lancaster.ac.uk