Pay for Performance Intervention Funding

Social impact bonds (SIB) have the potential to fund proven social innovation projects that governments have to date, for a variety of reasons, been reticent to fund. Through a SIB, private investors fund innovative social intervention work that is carried out by a non-profit. If the non-profit achieves certain social outcomes previously agreed upon by the three parties, a portion of the public savings from early intervention are given to investors as a return on their initial investment. This project will refine the SIB model for deployment in BC to fund proven interventions that can reduce homelessness rates in Vancouver.

Faculty Supervisor:

Dr. David Dunne

Student:

Geordan Hankinson

Partner:

Ecotrust Canada

Discipline:

Business

Sector:

Environmental industry

University:

Simon Fraser University