IMPACT 101: ‘Social outcomes partnerships’ is the new term – at least in some countries – for ‘social impact bonds’. But what are they exactly? And what are outcomes funds? The experts at GO Lab have the answers.
The Better Futures Fund is the result of months of consultations over a new social impact investing vehicle announced by the government last autumn, and aims to support 200,000 children over 10 years.
Social investor Big Issue Invest says over three-quarters of young people involved in the Chances Social Outcomes Partnership achieved at least one positive outcome, improving their school, work and life circumstances.
