Outcomes and Impact
Employment & Volunteering: 51% £7,358,076
Social Value Total £14,271,197.67
Education & Skills: 26% £3,734,552
During the evaluation of the activities delivered, 19 outcomes have been identified and are split across five key areas: health and wellbeing, social and community, education and skills, employment and volunteering and local economic added value.
Social & Community: 15% £2,179,341
Health & Wellbeing: 6% £875,069
Social Return on Investment £5.42
These areas are the cornerstones of developing thriving local businesses and residential communities, as they offer a valuable platform to address the emerging skills shortages within the technology sector. The impact is created through delivered outcomes,
although not all outcomes lead to a tangible impact. While the impact achieved is both qualitative and quantitative, where quantitative impacts are evident, they are associated with a financial value. These results are verified to ensure the principles of Social Value are followed.
Economic: 1% £124,157
42 | Social Impact Report 2023
Social Impact Report 2023 | 43
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