- Fri, Jan 13, 2017 04:30 PM
The Big Lottery Fund
Latitude: 51.5167, Longitude: -0.108908
The Life Chances Fund supports payment-by-results contracts where the initial funding is provided by social investors. These contracts are called Social Impact Bonds (SIBs), and one of the aims of the programme is to grow the SIB market across the UK. SIBs allow for socially innovative interventions to be delivered by commissioners without putting themselves at financial risk, and the outcomes based payment system helps to generate cashable savings. The aim is to help people in society who face the most significant barriers to leading happy and productive lives, and it is expected LCF will typically provide a £1-2M subsidy for proposals. We are looking to fund intervention services aimed at early stage prevention in particular policy areas, with proposals being led by a commissioner. The immediate social policy areas of interest are Early Years and Youth Services, where there is a deadline of end of February 2017 to apply. Places are limited so please send only one delegate. Due to limited places, should you be interested in further events, please send a note of interest to the Life Chances Fund email account at: LifeChancesFund@Biglotteryfund.org.uk .