A Social Impact Bond (SIB) is a payment-by-results contract where social investors pay for your organisation to deliver a service – for example, helping homeless people to find a home. The Government repays the investors with interest if the service is successful.
Shaun Doran, CEO FRC Group, shares the good, bad and ugly story of their road to social investment. FRC Group used social investment to tackle furniture poverty.
David Jenkins, Managing Director Arts at The Mill CIC, talks about the role social investment played in renovating property in Wigan to be used by the community with arts and culture.