Impact Assessment of the UKSA Accelerator Programme
Since 2023, the UK Space Agency's Accelerator has supported 160 businesses across the UK, helping them enter the space market and take advantage of opportunities. know.space were commissioned to assess the Accelerator’s impact on participants and the wider UK space sector.
A report for the UK Space Agency.
Since 2023, the UK Space Agency Accelerator programme, delivered with Entrepreneurial Spark and Exotopic, has supported 160 businesses across the UK, helping them enter the space market and take advantage of its wide-ranging opportunities. The programme aims to accelerate the development and growth of dynamic space startups across the UK.
know.space were commissioned to assess the Accelerator’s impact on participants and the wider UK space sector. We found strong evidence that the Accelerator is delivering positive outcomes for participating businesses across multiple dimensions: accelerating company growth and job creation, enabling first-time space sector revenue generation, facilitating access to finance, enhancing business strategy development, strengthening market knowledge, improving knowledge and skills and creating new collaborations and partnerships.
While these benefits will take time to fully develop into measurable results such as increased revenue and wider economic gains, our broad conclusion is that early signs are encouraging.