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.
Snook were commissioned by Government Inclusive Economy Unit in the Office For Civil Society, Department for Culture Media and Sport in March 2016 to undertake a short piece of design and digital work to build on existing research insights and create a practical working plan.