UK PUBLIC CAPITAL MONITOR
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UK institutions and system

Interim Evaluation of the ENABLE Funding Programme

Commissioned evaluation
Authors
RSM UK Consulting
Publisher
British Business Bank
Commissioning context
British Business Bank

What it examines

Examines programme delivery, additional lending to smaller businesses and diversity of finance. Stakeholder interviews suggest benefits for participating lenders, but the quantitative analysis could not identify a statistically significant lending impact and faced limitations in constructing a comparable counterfactual. The report recommends stronger evidence for the final evaluation.

Why it matters

Provides evidence for judging the additionality and value for money of BBB’s support for smaller finance providers, while distinguishing stakeholder feedback from measured lending impacts.

Published in June 2026, using data through December 2023 and interviews conducted in March–May 2024.

Institutions and themes

British Business BankImpact and value for moneyPrivate investment and mobilisation

Related documents

Catalogue entry reviewed 21 Sept 2026. The summary describes the publication’s analysis; it does not establish that historical findings remain current.