Payment by Results
What are social impact bonds? Or: Show me the money
Given the current state of the economy and scale of the deficit, it is clear that there is likely to be a continued high level of interest in Private Finance Initiatives which is essentially what Social Impact Bonds are. At one level, those of us trying to tackle entrenched social problems like drug-related offending are not too concerned with the source of funding, we just want someone to ‘show me the money’.
24th October 2011
