Social impact bonds
Charities Minister, Nick Hurd, has announced a trial in Social Impact Bonds, a scheme that lets people invest in social projects, getting a return on successful projects based on savings in public sector expenditure. Four pilot schemes were launched in Hammersmith & Fulham, Westminster, Birmingham, and Leicestershire. Social Impact Bonds are explained in Urban Forum's Guide to Community Resilience.
Friday, 04 November 2011