5 March 2021
The Innovate to Save (I2S) Programme, run by Y Lab between 2017-2020, was an experiment in using blended finance to support innovation projects in Wales that had the potential to both: improve public services, and generate cashable savings. It was funded by the Welsh Government and implemented by Y Lab, with support from WCVA.
Evaluation played a significant role throughout the programme; helping the programme team to improve programme delivery and to understand whether the programme was successful in its aim to improve public services and generate cashable savings.
With the closure of the programme, we are pleased to publish our final evaluation report on Innovate to Save here. The report offers lessons learned, recommendations to others running similar programmes, and captures key findings about barriers and facilitators to innovation.