DC Research updates the AIM Economic Impacts Toolkit
Since it was first published in 2010 the AIM Economic Impact Toolkit has helped museums all around the UK demonstrate the value they bring to their local economies, and DC Research has been delighted to see the toolkit being used by many museums (and other organisations) across the UK. We developed the toolkit as part of a larger study designed to quantify the economic impact of the independent museum sector in 2010.
We updated the Toolkit in 2014 for AIM (pro bono), and it has now been relaunched with more local information. The Toolkit enables museums to assess the economic impact of their museum through tourism, employment and spend on goods and services.
In general, the approach taken to the assessment is adopted and adapted from the HM Treasury’s ‘Green Book’ approach, using English Partnership’s Additionality Guidance (3rd edition, 2008), and where relevant, Scottish Enterprise’s Additionality & Economic Impact Assessment Guidance Note (2008).
For more information, please contact Jonathan Durnin