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Lunch and Learn - Social Impact Bonds

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Nova Scotia Health Research Foundation

Suite 905, 1660 Hollis St

Halifax, Nova Scotia

Canada

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This session will be lead by Rob Assels

A Social Impact Bond (SIB) is an investment vehicle that involves three parties: social service providers, investors and government. Typically the social service provider raises funds from private investors, who receive a return on their investment, paid for by government, if agreed upon outcomes are achieved. Governments around the world are interested in SIBs as a means of supporting cost-saving preventative programs. SIBs also reduce the risk to government of spending tax payers’ money on programs that do not have the desired impact.

Currently, there are very few SIBs in world, and only four in Canada. None of them have been around for long enough to measure their long-term impact. Rob Assels is currently conducting a seven-year evaluation of two SIBs in Ontario and will speak about the challenges for service providers, government departments and evaluators who are interested in the opportunities that SIBs present.

Date and Time

Location

Nova Scotia Health Research Foundation

Suite 905, 1660 Hollis St

Halifax, Nova Scotia

Canada

View Map

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