Creating innovation in small and medium-sized enterprises:evaluating the short-term effects of the creative credits pilot

Bakhshi, Hasan, Edwards, John, Roper, Stephen, Scully, Judith and Shaw, Duncan (2011). Creating innovation in small and medium-sized enterprises:evaluating the short-term effects of the creative credits pilot. Working Paper. National Endowment for Science, Technology and the Arts (NESTA), London UK).

Abstract

This working paper looks at the short-term impact of the Creative Credits pilot scheme which operated in the Manchester City Region in the North West of England from September 2009 to September 2010, and was funded by NESTA, Manchester City Council, the North West Development Agency, the Economic and Social Research Council (ESRC) and the Arts and Humanities Research Council (AHRC). Creative Credits is a business-to-business (B2B) voucher mechanism designed to encourage small and medium-sized enterprises (SMEs) to work innovatively with creative companies. Businesses receive credits worth £4,000, which they must match with at least £1,000, to spend with creative firms on a variety of creative services.

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