Two useful stories today reflecting on the increasingly awesome SIB universe…
Meanwhile, a little personal aside outside of public markets, in the kindergarten of commerce. Today I begin a stint as a part-time Guest Lecturer at the Nicolaus Copernicus University (UMK) in Torun, Poland, lecturing a course on “Entrepreneurship & Startups.” Thus I will be out of the office during early Friday afternoon CET for the next term.
The Impact of Home Visiting: Pay for Success in Early Childhood Interventions
Emily Fabiaschi & Will Toasper – Third Sector
Governments across the United States are currently preparing prenatal and early childhood PFS projects. Last week, South Carolina Governor Nikki Haley announced the South Carolina Nurse-Family Partnership PFS Project, which will bring maternal and child health services into the homes of low-income pregnant women. Such prenatal and early childhood services have long-lasting benefits for both the child and the public: economists have found that well-designed and well-implemented home visiting programs can return up to $5.70 for every dollar invested by reducing the societal costs of poor health and academic failure.
Home visiting is a voluntary service in which a trained professional is matched with a mother and visits her regularly to provide information and support during her child’s first years. The service presents unique challenges to the PFS model; however, these challenges are far from insurmountable.
Cuyahoga Partnering For Family Success Program: Partner Perspectives & Lessons Learned Report
Third Sector
In Cuyahoga County, Ohio the nation’s first county-level Pay for Success (PFS) project is helping policymakers and government leaders measurably improve the lives of its vulnerable families. Over the 5-year duration of the PFS project known as the Cuyahoga Partnering for Family Success Program, community leaders in Cuyahoga County are using Pay for Success to improve services for vulnerable families.
Full report here.