An evaluation of the UKRI Pilot Investment Accelerator created to accelerate economic growth in health and life sciences and infrastructure SME projects by matching innovative businesses to Investor Partner match funding opportunities (typically through convertible loans) at an early stage in the R&D pathway. The research covers a two-year period and involves process evaluation for the competition and funding arrangements, assessment of funding additionality (from funding provider and the circa 40 SME beneficiary perspectives) and initial impacts and econometric analysis (data linking), using surveys and longitudinal case studies and counterfactual surveys of unsuccessful applicants.
