Invest to save budget (ISB)
The Invest to Save Budget (ISB) is a joint Treasury/Cabinet Office initiative with an aim to create sustainable improvements in the capacity to deliver public services in a more joined up manner.
ISB encourages innovation and partnership throughout the public sector, in order to improve the quality and cost effectiveness of public services. A key principle of the ISB programme is that investment is provided in return for reform.
The ISB Review has attempted to evaluate the difference the ISB has made in the following areas:
- What lessons have been learned from encouraging innovation, risk and joint working within the public sector;
- Whether these lessons have enabled the identification of effective models of service delivery;
- How far these delivery models have been disseminated and more widely adopted;
- Whether the long-term efficiencies in public service delivery and the value for money (VFM) of projects funded by ISB have been successfully identified.
The Review is divided into two distinct themes:
- The ISB as an effective mechanism for investing in public service innovation. The Review looks at whether the ISB model is an exemplar grant funding scheme and identifies the positives and negatives of the processes in place and how effective they have been in gathering the lessons learned.
- Analysis of the lessons learned for public service delivery and evidence of the value for money/efficiencies generated. This considers:
- The ISB portfolio in terms of how innovation has benefited which services/policy areas
- How far successful approaches have been mainstreamed
- An assessment of the value for money of the scheme
- What lessons have been learned in relation to partnership working
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About ISB
Information about the ISB initiative and achieving excellence
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Evaluation
This is a very quick guidance note on evaluating an Invest to Save Budget (ISB) project
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ISB project administration
Information regarding project administration, including access to the ISB Project Manager
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Lesson learners
Useful documents and case studies including a review of the Invest to Save Budget
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ISB project links
External links to ISB projects
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Projects
Information on ISB projects with links to relevant documents and websites
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Documents and bidding guidance
A list of useful documents and information on how to bid for an ISB project
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ISB News
The latest news about the ISB and an archive of news from 2000 to present
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FAQ
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Contact ISB
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Useful links
ISB is not responsible for the content of external websites