This evaluation describes the progress made in the ongoing Cocoa Hubs project, which is funded with delegated PSD funds. Specific attention is paid to the effectiveness, efficiency, relevance, and coherence. The report states that the project is largely relevant, but that it needs further focus on partnerships with (Dutch) businesses and financing opportunities in order to reach long-lasting impact. The findings of the evaluation will be used to inform the next steps concerning a potential next phase of the project