Process evaluation of the “Work after prison” Social Impact Bond

Process evaluation of the “Work after prison” Social Impact Bond

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Summary

A Social Impact Bond (SIB) is an innovative funding scheme whereby private investors provide financing for tackling a societal issue. When the projected result is achieved, the government repays the investment and a previously agreed dividend is paid out. A SIB tests the workings of an innovative method and in principle it is temporary (for the period during which the project is being tested). If the method achieves satisfactory results, then the aim is that the government or other bodies take over the funding. The “Work after prison” Social Impact Bond focuses on intensive employment support for ex- prisoners. The Work after prisonf SIB has four aims: 1) more employment support for participants, 2) less re-offending by participants, 3) to assess whether working with SIBs is worthwhile for local councils and the government and 4) to gain up experience with an SIB and gather pointers for future SIBs.

Publication data

Author(s):
Plaisier, J., Vollebergh, M., Ditzhuijzen, J. van
Organization(s):
Impact R&D , WODC
Place of publication:
Amsterdam
Publisher:
Impact R&D
Year of publication:
2018

Order information

Address:
Impact R&D
Phone:
06-21712817
E-mailaddress:
info@mpct.eu
Website:
www.mpct.eu