The research had direct effects on investment decisions of charities, donors and government agencies.
What impact did it make?
GROUNDWORK LAID FOR MORE INCLUSIVE FORMS OF URBAN REGENERATION
The work leveraged capital investment, improved the supply of social finance, supported the growth of community businesses and helped to develop new policies and investment programmes. This has in turn, strengthened area-based strategies, sectors, practice and infrastructure to sustain more inclusive forms of urban regeneration and local development.
These effects include leveraging £12,500,000 in investment; supporting the start-up or growth of 62 social enterprises; and creating 165 full time jobs. This was taken forward via a Knowledge Transfer Partnership with Ashton Community Development Limited (ACDL) in Belfast, which has added £1,100,000 in commercial income to this social enterprise.
The research had direct effects on investment decisions of charities, donors and government agencies. For example, the Atlantic Philanthropies Social Economy Ageing Programme led to an investment of £2,240,000 that created Tier 1 capital investment of £500,000 in Charity Bank (NI); an Investment-readiness programme for NGOs; Intermediary Labour Market for Older People (GEMS); a social enterprise Handy-Van project for older people living at home (Bryson Charitable Group); Time Bank volunteering for older people (Volunteer Now); and a social enterprise start-up programme (UnLtd).
- Leveraged £12,500,000 in investment
- Supported the start-up or growth of 62 social enterprises
- Created 165 full time jobs
Impact related to the UN Sustainable Development Goals
Learn more about Queen’s University’s commitment to nurturing a culture of sustainability and achieving the Sustainable Development Goals (SDGs) through research and education.
- SDG 13 - Climate action
- SDG 3 - Good Health and well-being
- SDG 7 - Affordable and clean energy
- SDG 9 - Industry, Innovation and Infrastructure
Impacting in Countries/Regions
School/InstituteSchool of Natural and Built Environment
- Fundamental rights, equality and social justice
- Intelligent manufacturing and service delivery
- Peace, identity, conflict and social sustainability