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Resource Efficiency Fund evaluation
Client:
West Yorkshire Combined Authority
Study objectives:
• Complete a Summative Assessment in line with guidance from the Ministry of Housing, Communities and Local Government;
• Design and deliver primary research to gather feedback from businesses that engaged with the project; and,
• Complete all evaluation work within a 2 month period.
Vincent McCabe - Programme Manager, Resource Efficiency
"Thrive Economics have been a pleasure to work with, delivering a robust and professional summative assessment in a challenging timescale. Their communication and responsiveness have been excellent."
The Resource Efficiency Fund (REF) had a total cost of over £2.8 million, of which £1.1 million was from the European Regional Development Fund (ERDF). REF's main objective was to "remove barriers preventing businesses investing in cost effective resource efficiency measures that reduce waste, energy, water or greenhouse gas emissions."
We delivered a facilitated workshop with stakeholders to gather views on REF's design, delivery and impact. We designed a bespoke survey which was issued to businesses to gather data to inform the evaluation. 99 survey responses were received equating to a response rate of 27.3%.
We completed detailed statistical analysis and found:
• 89% of businesses were either highly satisfied or satisfied with the support they received;
• 28% of businesses invested in measures above and beyond those listed in the grant application at an average cost of £11,937; and,
• Over 3 years REF facilitated the creation of 322 jobs generating Gross Value Added of £15 million.