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Social Impact Bonds presentation at SIX TelePresence December 2010

by Louise Pulford on Jan 14, 2011

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social impact bonds social innovation exchange telepresence the young foundation six social innovation

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Social Impact Bonds presentation at SIX TelePresence December 2010 — Presentation Transcript

Social Impact Bonds
SIX and Social Impact Bonds –
Challenge and Opportunity
December 2010
SIBs Overview
Payment for outcome
- Alignment of incentives between funder, deliverer and payer
- Transparency on what is expected, what is gained, and what the risks are
- New funding
- Aligning incentives
- Real risk transfer
Slide 3
SIBs Advantages & Challenges
- Measurement
- Unintended consequences
Slide 4
Where SIBs will work
Improves wellbeing in an area of social need
Preventive intervention
2
1
Evidence of efficacy
Measureable impact
3
4
Aligns incentives
Savings greater than cost
6
5
Government preference for SIB
7
Slide 5
UK case studies
Youth Worklessness
Adult Reoffending
SocialHousing