The importance of place-based impact
Place-based impact describes how universities work with local and regional partners to strengthen the economic, social and environmental well-being of the regions in which they are located. It recognizes that institutions are not only global educators and research leaders but also anchors in their local communities — shaping skills, innovation, opportunity and long-term resilience.
Today, this work is more important than ever. Universities operate amid rapid regulatory and political change, declining public trust, tighter funding and growing global competition. Enrollment pressures and the need for revenue diversification mean institutions must demonstrate distinct value. Yet many struggle to understand, evidence and communicate their local impact or how it aligns with national priorities.
A place-based approach can help universities meet this moment, as it can provide a clear framework to embed place-based impact into strategy and show how they contribute to skills, growth and community well-being; build stronger partnerships; and remain competitive while advancing national objectives. By grounding strategy in regional needs, universities can strengthen their contribution, increase public trust and foster long-term sustainability.