DASA Growth Impact Report 2025
In collaboration with the Defence and Security Accelerator (DASA), we have launched a report analysing its impact on the companies it has supported.

Since 2016, DASA has backed 461 UK SMEs developing cutting-edge, dual-use technologies—bridging national security and commercial impact. Its impact is exemplified by the following:
- £592m in equity raised by DASA-supported firms
- 1,842 jobs added since receiving DASA funding
- Nearly a billion pounds (£974m) in GVA since 2019
- £174m raised in 2024 alone
This report examines DASA’s extensive reach across the UK, its role in regional innovation clusters, and how its support has enabled breakthroughs in defence, cybersecurity, aerospace, and more.
Discover how DASA’s funding has transformed early innovation into national capability and global competitiveness.
Inside the report


About the authors
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Henry Whorwood Managing Director
Henry leads our Research & Consultancy team, and is an expert on equity finance and high-growth business. He's worked on briefs for the likes of Barclays, SyndicateRoom, Innovate UK, Smith & Williamson and British Business Bank. He regularly gives presentations on market trends at events around the UK.
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Callum Newton Senior Res&Con Associate
Callum is a Senior Research & Consultancy Associate, responsible for leading on the team's public sector work. Before joining Beauhurst, Callum was a Senior Researcher at Westminster-based think-tank Onward focusing on ‘Levelling Up’ policy. He was also a Consultant in Portland Communication’s specialist Litigation & Disputes practice.
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Hannah Nicholls Designer
Hannah produces graphic design and data visualisation for the Research & Consultancy team. Since receiving a BA (Hons) in Graphic Design Communications from Chelsea College of Arts (University of the Arts London), Hannah has accumulated over 10+ years of experience within the design industry and has specialised in data visualisation for the last 3+ years.
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Miraj Mistry Research Manager
Miraj handles project management and data analysis. Miraj recently joined Beauhurst, his previous role was with an economic consultancy who specialise in providing socio-economic research and analysis to support infrastructure and transport projects. He holds an MSc in economics from the University of Bristol and a BSc from the University of Leeds.
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