Lancaster University’s work on a programme that has helped to support thousands of businesses and the economy has been recognised by the internationally acclaimed Academy of Management.
The University Management School’s Wave 2 Growth Hub Programme has been awarded the 2015 ‘Academy of Management Practice Theme Committee Research Centre Runner Up Impact Award’.
Lancaster’s Professor Ellie Hamilton and Dr Ricardo Zozimo collected the award at the 75th annual meeting of the Academy of Management in Vancouver.
The Lancaster W2GH Programme is accelerating the availability of responsive and accessible business support across England and creating powerful networks of locally based organisations that are learning together about what works best for business growth and job creation.
The programme is on track to create more than 4,000 jobs by 2017, with 1,300 new jobs already created in the supported regions.
To date 48,000 SMEs have engaged with regional Growth Hubs – one stop shops of business support – and more than £17.8m has been invested in supporting SMEs, generating more than £33m of investment by the private sector.
Professor Hamilton said: “We are delighted that Lancaster has received this prestigious award in recognition of the significant impact on regional economies working in partnership with the UK government. It has been an honour for the University to play such a pivotal role in agile implementation of policy supported by, and further developing, world class research.”
The Academy of Management judges said: “The contribution and achievements of Lancaster University have been seen as outstanding…”