The Fund provides social enterprises and charities with the up-front investment they need to deliver payment-by-results contracts, where income is dependent on delivering social outcomes set by a commissioner. Returns are linked to successfully achieving these outcomes.
Early intervention services target some of the most vulnerable and hard-to-reach communities in the UK, preventing problems from escalating and creating long term savings across a range of public services.
-
Fund size
£10 million -
Better Society Capital commitment
£10 million
Key information
-
Geography
UK wide -
Investment type
Outcomes contract -
Fund manager
Big Issue Invest -
Investment status
Current -
Investment date
2017 -
Term
9 years
Impact
-
Number of social outcomes contract
-
Number of people that will benefit
-
Number of commissioners
Sustainable development goals
-
1: No Poverty End poverty in all its forms everywhere -
3: Good Health and Well-being Ensure healthy lives and promote well-being for all at all ages -
8: Decent Work and Economic Growth Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all -
11: Sustainable Cities and Communities Make cities and human settlements inclusive, safe, resilient and sustainable