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Download full textBerlin, Gordon L. – MDRC, 2016
The social sector's hottest "impact investing" product--the social impact bond (SIB)--has generated a range of reactions, from excitement to angst. An SIB uses private funds to pay for a social, educational, or health program, and the government repays investors (plus a return) only if the program achieves prespecified results. The…
Descriptors: Investment, Bond Issues, Financial Support, Program Implementation
Financing Promising Evidence-Based Programs: Early Lessons from the New York City Social Impact Bond
Rudd, Timothy; Nicoletti, Elisa; Misner, Kristin; Bonsu, Janae – MDRC, 2013
Lack of money has long kept promising preventive programs from expanding. Existing government-funded programs are furthermore subject to budgetary cutbacks or complete loss of funding. Moreover, preventive programs traditionally offer no accountability for success or failure. This leaves government entities in a bind where if they invest their…
Descriptors: Financial Support, Best Practices, Adolescent Development, Adolescents
