PLY: UK lottery funds deployed to SIBs…
Big Lottery Fund Grants Awarded To Five Numbers For Good Partners To Develop SIBs
Numbers For Good
The Big Lottery Fund’s Commissioning Better Outcomes has awarded development funding to a range of commissioners, charities, social enterprises and housing associations who are seeking to establish social impact bonds (SIBs).
Numbers for Good is delighted to share details of five of our partners’ projects which we’ll be providing technical support to develop SIBs. We’ll be working with organisations to test whether their proposition is appropriate for an outcomes-based funding model, and if it is we’ll support them to structure and raise investment using a SIB model.