UK PUBLIC CAPITAL MONITOR
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UK institutions and system

Evaluation of the Nations and Regions Investment Funds — Early Assessment

Commissioned evaluation
Authors
SQW
Publisher
British Business Bank
Commissioning context
British Business Bank

What it examines

An independent early assessment of six regional funds finds generally positive delivery and self-reported finance additionality, alongside uneven deployment and gaps in geographic reach. It draws on monitoring data, interviews and surveys, covering investments through September 2025. Later cluster funding and the new East and South East funds are outside its scope.

Why it matters

Evidence for assessing the Bank’s regional finance mandate and the additionality of public support. The study does not establish causal impact or value for money. Quasi-experimental analysis and a fuller assessment are planned for the later interim evaluation.

Institutions and themes

British Business BankPrivate investment and mobilisationImpact and value for moneyGovernance and accountability

Related documents

Catalogue entry reviewed 16 Oct 2026. The summary describes the publication’s analysis; it does not establish that historical findings remain current.