This multi-component output - Relative Values - set out to construct a new narrative about the socioeconomic impacts generated by cultural activities, through co-creative research. Through extensive collaborations in the arts and social sciences, HERITAGE developed an interdisciplinary methodology that created multi-dimensional indicators to develop the research capacity of arts organisations that has enabled them to articulate the cultural value of initiatives that seek to make real and transformational change within vulnerable territories. Testing how these methodologies could be adapted at a micro-scale with young artists and cultural producers living in urban territories, and then with Brazil’s largest open-call arts funding programme, allowed HERITAGE to refine the Relative Values methodologies and ensure that they could be widely adopted by other artists, researchers and policymakers working in the field. The fourth component allowed HERITAGE to present the Relative Values methodologies within the context of the UK and Brazilian cultural policy landscape, demonstrating the importance of evidencing the socio-economic impact and cultural value of creative practice in relation to clearly defined social development goals.