Impact Hub

The University of Northampton is an economic engine and a force for social change for the county, the region, and the UK.

Download the UON Economic Impact Assessment*

Economic Impact Assessment

To quantify the benefits generated by the University we carried out an Economic Impact Assessment and here are the key findings:

• 300% return on investment, for every £1 spent running the University, £4 is returned to the economy.
• £823 million GVA injected into the UK economy during 2023/24 thanks to UON, an increase of 8% from 2018/19 when the Covid pandemic hit.
• 10,610 jobs supported by UON across the UK during 2023/24.
• £366 million GVA generated for Northamptonshire during 2023/24, an increase of 14% in real terms after accounting for inflation from 2018/19 and the pandemic.
• 5,410 jobs supported in Northamptonshire during 2023/24.
• £123 million of estimated unemployment costs avoided over a 40-year period thanks to the intake of undergraduates from deprived areas during 2023/24.
• 54% of graduates entered full-time employment in the education and health sectors, compared to the sector total of 38%.
• £7 million GVA achieved via collaboration with businesses by sharing the research and expertise at UON through Knowledge Transfer, work placements, and other services for business.

The UON Economic Impact Report was launched during a breakfast networking event on Wednesday 4 December which was attended by many of the key decision makers In Northamptonshire including leaders for both unitary councils, the Police, Fire and Crime Commissioner and Northampton South MP Mike Reader gave his reaction to the report via video link. Here’s what he and others thought of the report.

EIA Report

Mike Reader, MP for Northampton South:

“The Economic Impact Report powerfully demonstrates how the University of Northampton aligns with our national Industrial Strategy and regional skills agenda. I’m particularly impressed by the £7 million generated through business collaboration, demonstrating the kind of academia-industry partnerships our Industrial Strategy aims to foster. I’m committed to ensuring University of Northampton remains at the forefront of this national agenda.”

The report is packed with examples of how these figures were generated and over the next few months we will be looking at many of them in depth.

Download the UON Economic Impact Assessment*

Testimonials

Barry Tong, CEO of Stevenson’s Online:

“By taking part in one of the University’s projects, we have implemented an IT system that has saved our business tens of thousands of pounds each month. They have also introduced us to a network of people and other organisations such as InnovateUK, helping us grow further.”

Chloe Gay, Consultant in Public Health at West Northamptonshire Council:

“We’re building our research capacity and capability, and the university has been really important in developing that. The university also helps us, through partnership working, demonstrate the impact of our work. By connecting academics to practitioners, we can look at how we evidence our impact but also how we bring that academic theory to inform everything that we do.”

James Whiting, Chief Executive, Northampton Town Football Club:

“This is not your regular sponsorship. This is a deep-rooted partnership.”