Backed by a decade of evidence, Social Outcomes Partnerships are transforming public service delivery in the UK, leveraging private capital, aligning incentives and delivering outcomes at a scale that is capturing the attention of investors and governments around the world.
public value generated by outcomes according to ATQ research
number of people supported across 3 Fund Managers we are invested in
number of social outcomes partnerships in the UK
The independent report, Outcomes for All - Redefining Public Service Delivery, demonstrates how Social Outcomes Partnerships (also called Social Outcomes Contracts or Social Impact Bonds) have generated nearly £9 of public value for every £1 spent, delivering significant savings for government.
Our Outcomes for All report charts a decade of growth in the Social Outcomes Partnerships market, highlighting the significant value delivered through long-term, tailored support for individuals with complex needs and making the case for outcomes-based contracting as a value-add to public service delivery.
Too many young people in the UK are missing out on the support they need to thrive in education and as they enter the workforce. Outcomes-based approaches within Education and Youth Employment offer a proven way to improve these outcomes, with lasting benefits for individuals, communities and the wider economy.
To properly support the NHS, more than just funding from government is needed – innovative models of commissioning that supports both prevention and fire-fighting emergencies would see a number of these concerns alleviated.
Meeting unmet needs while using unused resources is what makes a finance minister happy and shining a spotlight on unclaimed assets was an important mission for me both as Chancellor and Prime Minister. Outcomes contracts deliver public services through third sector organisations and the taxpayer only puts up cash for high-quality, well-targeted services.
Gordon Brown
Former Prime Minister of the United Kingdom
Social outcomes partnerships can be effective because they align incentives in a way that some grants and traditional contracts simply can't - providers are paid on outcomes achieved, delivery is actively managed and flexible, and the evidence bar is high. The Better Futures Fund takes that proven foundation and applies it at real scale - up to £1 billion in outcomes contracts focused on children, young people and families. There's been interest to date from pension funds, foundations and institutional investors to support the providers of these contracts to deliver real outcomes for individuals. We're focused on ensuring that the right capital is in place to do so.
Aman Johal
Managing Director, BSC
If you'd like to learn more about Social Outcomes Partnerships or the Better Futures Fund, please get in touch with the team.
