Innovate to Save

Innovate to Save aims to tackle some of the most complex issues facing public services.

Innovate to Save

We launched Innovate to Save in 2017 to find and support new ideas that improved services and made cashable savings.

Together with our partners, Welsh Government and Wales Centre for Voluntary Action (WCVA), we have supported fifteen projects through research and development. We have approved four interest-free loans totalling £2.8 million for those projects that can scale and reach more people with their improved service. 

Innovate to Save is a blended finance programme which combines non-financial support, grant funding and interest-free loan funding to help organisations delivering a public service.

Innovate to Save was not something that was in our usual comfort zone, so I’m proud that we took that step.

Jill Jones, Flintshire Council

We’ve given out £270,000 in grants while supporting projects to test and develop their ideas. Four of the fifteen have been approved for £2.8 million in interest-free loan funding to scale their work and reach more people.