Exceptional Regional Growth Fund: evaluation report
A report setting out the findings from an evaluation of the 10 investment projects delivered via the Exceptional Regional Growth Fund (eRGF) mechanism.
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The study evaluates 10 investments, which were provided with a total of £101 million of grant support, complemented by a further £555 million of co-investment from the businesses concerned.
The evaluation utilises a mixed methodology approach to test the eRGF logic model by asking whether those involved in the projects link the funding provided to decisions to locate significant investments in the UK (carried out via the qualitative case study approach).
The quantitative evidence then explores 2 dimensions:
- whether projects are associated with expansions at businesses and fewer closures of operations
- whether the employment associated with these expansions is high value