Life Chances Fund
The Life Chances Fund (LCF) will be open for Expressions of Interest to develop Social Impact Bonds in the themes of early years and young people from 4 January 2017 to 28 February 2017. We are seeking applications from local commissioners, service providers and intermediaries who seek to use Social Impact Bonds to tackle complex social problems that affect children and young people.
The early years theme aims to support children from pre-birth to age 5, who are at risk of poor attainment, behaviour and health outcomes. The young people theme focuses on reducing the risk of negative social, economic and health outcomes amongst disadvantaged young people from ages 11-24.
The £80m Fund was launched in July 2016 with the objective of helping those people in society who face the most significant barriers to leading happy and productive lives. The fund contributes to outcome payments for Social Impact Bonds.
If you have any questions about LCF, you can visit the website for full details.
Alternatively, if you would like to discuss further questions with the LCF team, please send an email to firstname.lastname@example.org
For further information on Outcomes Based Commissioning and Social Impact Bonds, please visit the website of the Government Outcomes Lab.