An evaluation of Property Infrastructure Fund and Property for Business Development Grants funded through the ERDF and delivered through the West Wales and the Valleys Operational Programme 2014 to 2020.
This is the latest release
The Property Infrastructure Fund (PIF) and Property for Business Development Grants (PBDG) are part funded by the European Regional Development Fund and seek to increase the quantity of high-quality employment floor space available to Welsh businesses.
Main findings
- Original targets for PIF and PBDG were unobtainable, 4 projects were run under each operation.
- The management and delivery processes have worked effectively and efficiently.
- Main delivery challenges related to the long timescales required to progress projects.
- Funded premises are now occupied or have tenants waiting to move in.
- Clear evidence shows PIF/PBDG has led to investment in local areas.
- Benefits from the operations include creation of jobs for locals, improved productivity, improved client engagement and staff morale.
- Operation has evidenced clear value for money.
- The operation has made a wide range of contributions to Cross Cutting Themes particularly sustainability and tackling poverty and social exclusion.
Reports
Evaluation of Property Infrastructure Fund and Property for Business Development Grants: final report , file type: PDF, file size: 1 MB
PDF
1 MB
If you need a more accessible version of this document please email digital@gov.wales. Please tell us the format you need. If you use assistive technology please tell us what this is.
Contact
Andrew Booth
Email: rme.mailbox@gov.wales
Rydym yn croesawu gohebiaeth yn Gymraeg / We welcome correspondence in Welsh.
Media
Telephone: 0300 025 8099
Rydym yn croesawu galwadau yn Gymraeg / We welcome calls in Welsh.