Welcome! This is the second Social Impact Bond interactive tool, produced in partnership between Social Finance, the Big Lottery Fund, the Cabinet Office, and the Local Government Association.
Children on the edge of the care system
Social isolation/ loneliness
Making savings through back office integration
Reducing obesity
Tackling knife crime and gang membership
Preventing people becoming not in education, employment or training
Provision of GP services
Working with complex or troubled families
Increasing council tax collection rates for a local authority
A community arts participation project
The program is a back-office integration project using social investment to fund the upfront capital costs of new IT systems and shared back-office facilities with a neighboring authority. This co-commissioning approach will generate cashable savings, freeing up money to spend on preventative services in adults and children's social care. Outcome payments will be made on the basis that back-office services can be run effectively following the integration process.
The program will work across the whole population to reduce the incidence of smoking. The social investment will be used to fund public health campaigning funds and a helpline to advise smokers on how to quit. It will work at a population level to avoid cherry-picking of the easiest cases. Outcomes payments will be made on the basis of successful placement of stop-smoking adverts on bus stops and other public spaces, and number of calls received by a stop smoking helpline.
The program seeks to raise social investment to pay for services for chaotic drug and alcohol users who frequently rough sleep and offend. The services will be targeted at individuals who meet at least three of those four criteria. Outcomes will be based on the number of individuals drug and/or alcohol-free at 6 and 12 months The service will not generate significant savings for the local authority and the CCG is reluctant to co-commission. However, the council has funding available and considers this area to be a priority.
True
False
True
False
True
False
The group of individuals with historically poor outcomes in the issue area
Everyone at risk of a poor outcome over the time period of the SIB
The group of individuals who meet the referral or identifying criteria specified for the intervention/s to be funded by the SIB
Everyone in the target population / cohort regardless of whether they engage with the intervention
Only those who engage with and complete the intervention
The individuals within the target population who have the worst outcomes post-interventions
True
False
True
False
True
False
True
False
True
False
A Randomised Control Trial
Before and after evidence
Comparison against national benchmark data
Matched control trial
Comparison against historical data for a similar cohort
Is when contracts to provide services are based on outcomes
Is when outcomes metrics or outcomes payments could incentivise action which has a detrimental effect on social outcomes
Is when a strict referral criteria is used to identify potential cohorts
Is when inputs or outputs are used in commissioning rather than outcomes
True
False
True
False
Trialling an innovative approach that has previously been piloted
Scaling up interventions which have been successful on a smaller scale
Testing whether a successful intervention might work with a different cohort
Replacing traditional funding for a programme which has a strong evidence base
Providing funding for programmes which have been trialled in the past but haven’t worked
Yes
Yes, but there may be a requirement to TUPE staff to a new organisation
No – investors will only be willing to fund new services
True
False
A saving that is a direct reduction in expenditure and is visible on an organisation’s budgets
A saving that generates income for the organisation in the future
A saving which can only be achieved if a capital asset can be decommissioned
The savings that result from social return on investment
Savings generated for the commissioner as a result of not having to pay for something in the future
Savings that accrue to other agencies as a result of a successful intervention
The provider
The investor
The commissioner
True
False
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