Inquiry into Invest to Save

The Finance Committee considered how effective the Welsh Government’s Invest to Save Fund has been to date. The Fund is available to Welsh Government funded public service organisations to support their strategic improvement projects which lead to significant cash-releasing efficiency savings, while ensuring effective citizen-centred services.

In the course of the inquiry, the Committee considered:

• what impact is Invest to Save having, is it meeting it’s intended purpose - “supporting organisations involved in public service delivery make the transition to more efficient, more effective and more sustainable forms of service delivery”?
• how widely has it been taken up?
• what are the lessons learned and could examples of good practice be shared and extended more widely across the public sector?
• what savings have been achieved as a result of awards from the fund?
• are there any barriers to entry i.e. are there any elements of the Invest to Save fund process that make it difficult to participate in the scheme?