Summary
IN4 Group, based in Salford's MediaCity, generated £14.3 million in measurable social and economic impact during 2023, according to an independent Social Impact Report. For every pound invested in the group's programmes, stakeholders received a social return on investment of £5.42. The impact figure represents a threefold increase on the previous year's £4.6 million.
The impact was delivered through Skills City, one of the UK's largest digital skills bootcamp operators, and CyberFirst North West, an initiative run for the National Cyber Security Centre. Of 2022-23 participants across all activities, 80 per cent were female and 65 per cent from ethnic minorities. IN4 has secured over £3.5 million in government contracts and supports more than 600 people annually in skills and career development.
The group's rapid commercial growth mirrors its social impact trajectory: revenue increased by 1000 per cent from £500,000 in 2020, while profitability rose 2000 per cent. IN4 recently launched the Manchester Esports Academy at its HOST innovation hub, a junior professional esports education programme for ages 8-16 across Greater Manchester.
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Common questions
- What is this article about?
- IN4 Group, headquartered at MediaCity in Salford, delivered £14.3 million of economic and social impact in 2023, more than triple the previous year's £4.6 million. The award-winning technology group has grown revenue by 1000 per cent since 2020 while running dual commercial and social balance sheets.
- When was this published?
- This article was published on 12 September 2023.
- Who published this article?
- This article was published by Business Manchester.