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.
IMPACT 101: Bewildered by buzzwords? Drowning in jargon? Our experts help you get back to basics on impact economy concepts. This month, Michael Gibson from the Government Outcomes Lab has the lowdown on outcomes funds.