Office for the Impact Economy
The Office for the Impact Economy is government’s specialist capability for mobilising and partnering with impact capital and business to support core public priorities.
The Office for the Impact Economy is moving to the Department for Digital, Culture, Media, and Sport. Further updates will be provided here in due course.
The impact economy
The impact economy is a diverse economic ecosystem including business, investment and philanthropy. These organisations measure success not only by the economic value that they create, but by the tangible social and environmental value that they generate for communities. This part of the economy is large and growing.
What is the Office for the Impact Economy?
The Office for the Impact Economy is government’s specialist capability for mobilising and partnering with the impact economy. We connect government to the impact economy to unlock impact capital and resources to support core national and local priorities, creating good growth in every postcode.
The Office for the Impact Economy does this by catalysing partnerships between the impact economy, places and government departments. We aim to facilitate a systematic, long-term partnership between government and the impact economy to improve lives, strengthen communities, and deliver good growth across every region of the UK.
The Office for the Impact Economy is about doing government differently. Combining the best of public sector expertise alongside impact economy experts and secondees, we act as an innovation and delivery engine, bringing together central government departments, local authorities and the impact economy around shared priorities.
What we do
Catalyse: Bringing together partners across sectors to develop transformative partnerships around shared objectives.
Advise: Providing expertise, evidence and practical support.
Mobilise: Unlock investment, delivery capability, collaboration and innovation to improve social and environmental outcomes.
Who we work with
The Impact Economy. We convene partnerships around shared priorities, support earlier engagement in policy design and delivery, and help dismantle the barriers that constrain collaboration, investment and innovation.
Places and Mayors. We work with places to unlock the power of the impact economy to drive good growth and deliver local priorities. We help build capability and capacity in places to establish the partnerships and infrastructure they need to mobilise purpose-driven business, impact investment and philanthropy to deliver lasting outcomes for people and places.
Government departments. We work across government to help departments harness the impact economy to achieve policy objectives and deliver better outcomes. Through convening partners, developing innovative approaches and unlocking new sources of capital and capability, we help government collaborate with the expertise and resource which exist within the impact economy.
Contact us
Contact the Office for Impact Economy at impacteconomyoffice@cabinetoffice.gov.uk