Bridges Social Outcomes Funds
Pioneering funds dedicated to supporting Government-commissioned outcomes contracts.
Pioneering funds dedicated to supporting Government-commissioned outcomes contracts.
UK wide
Social Outcomes Contract
Current
2013
12 years
The challenge
Public services play a key role in tackling major social issues in the UK, including homelessness, health, education, employment, and children’s services. However, while the government is good at delivering services at scale, they often struggle to meet the needs of people with complex challenges that cut across service delivery siloes. This results in the individual’s problems persisting or worsening, leaving public services to firefight rather than prevent crises.
Our approach
We invest in Social Outcomes Partnerships funds that provide the upfront working capital needed by social enterprises and charities to deliver outcomes-based contracts. To-date, over 80 outcomes-based projects commissioned by the UK government have been funded by these specialist funds.
The fund
We invest in Social Outcomes Partnerships funds that provide the upfront working capital needed by social enterprises and charities to deliver outcomes-based contracts. To-date, over 80 outcomes-based projects commissioned by the UK government have been funded by these specialist funds.
£22.5 million first fund, £35 million second and third fund
£23.6 million on the first two funds, 20% of fund size (up to £20m) for the third fund
Committed across social outcomes contracts
Social outcomes achieved to date
Individuals with complex needs supported