Economic Impact of Interface

BiGGAR Economics was commissioned by Interface to estimate the economic and social impact of its work brokering connections between businesses and academics.

The study found that research and development projects between collaborations enabled by Interface contributed £88.9m GVA and supported 1,595 jobs, with expectations to reach £222.3 million GVA and 3,193 jobs.

The findings also captured wider wellbeing and environmental benefits to society as the collaborative project tackled major challenges such as health improvement, low carbon, community support, delivering education, helping young people, supporting international development and alleviating poverty.

Dr Siobhán Jordan, Director of Interface, said:

“This report shows the significant gains right across Scotland, from the smallest community to the largest city, when innovation and idea flourish through business and academic partnerships

“We are in a unique position to make a real difference to all aspects of society through the connections we catalyse enabling world leading research to be purposeful.”

Further details on the study can be found through the following links:

Posted 19.02.21