Plexal Impact report 2017-2025
How we’re turning innovation into positive impact for society alongside startups, government, industry and academia.
We’re proud to share the Plexal Impact Update 2025, highlighting the impact we’ve achieved with our partners and ecosystem. As technology reshapes economies, societies and national security, the challenge is no longer simply to innovate, but to scale and adopt innovation where it can make the greatest difference.
Plexal commissioned Perspective Economics to undertake an impact study that captures the scale of the economic, social and innovation contribution that Plexal generates, both in the UK and internationally.
The findings have revealed…
Plexal has supported a £914m contribution to UK GDP since its inception in 2017, including over 11,540 jobs
28% of that sum has been generated in 2025 alone, including 3,300 jobs
We’ve helped over 1,650 companies across our places and programmes
201 companies that’ve participated in Plexal programmes have collectively raised £1.206bn in funding, as well as £102m in innovation grants
£587m of gross value added (GVA) has been achieved from just £41.3m of direct public sector contracts awarded to Plexal
This represents a return of £14.21 for every £1 spent by UK Government
“This report reflects what we have achieved together with our partners and our growing ecosystem. More importantly, it reinforces our belief that the UK’s greatest opportunities still lie ahead.”
“We look forward to continuing to work with our partners to help turn the UK’s world-class innovation ecosystem into the capabilities and outcomes that solve complex challenges, strengthen government, enable businesses to thrive and create lasting benefits for society.”
Saj Huq, CEO at Plexal
