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London Regeneration Fund evaluation

Key information

Publication type: General

Publication date:

The Greater London Authority (GLA) commissioned CAG Consultants, in association with Ramidus Consulting, to undertake a quantitative and qualitative impact evaluation of the London Regeneration Fund (LRF) and conduct bespoke research and evaluation activities to better understand the wider impact of the programme.

The London Economic Actions Partnership's (LEAP) London Regeneration Fund used the Government’s Growth Deal 2 allocation of £20m capital funding to deliver jobs and growth through a competitive programme to encourage London’s high streets and places of work to become more thriving and diverse, commencing delivery in April 2016.

Overview

The following key areas of focus for this evaluation study were identified:

  • design and implement a programme-wide evaluation strategy to assess the impact and value for money of the London Regeneration Fund
  • conduct detailed case studies into particular groupings or geographic locations of projects, with a specific focus on affordable workspace
  • make fast and compelling assessments of the strengths and weaknesses of the programme

Key takeaways and lessons learnt

The GLA role has also demonstrated good practice:

  • It is reported that GLA staff have provided useful technical inputs to support some projects.
  • In circumstances where match funding has been withdrawn, the GLA originally agreed support has continued, allowing the project to proceed.
  • Renegotiating output targets with the GLA in response to project problems and implications following COVID-19 has been welcomed.
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