Life Chances Fund 170217 - post event page
Life Chances Fund event 17/2/17 - post event page
The Life Chances Fund (LCF) is an £80 million top-up fund, whose objective is to help those people in society who face the most significant barriers to leading happy and productive lives. The £80 million has been committed by central government to provide contributions to outcome payments for payment-by-results contracts, which involve socially minded investors - i.e. towards Social Impact Bonds (SIBs). These contracts must be locally commissioned and aim to tackle complex social problems. The fund is particularly focused on outcomes in early years and for young people.
The second call for Expressions of Interest opened in January 2017 and a launch event took place on February 17th 2017 in Nottingham.
Presentations and other resources from the event can be downloaded.
Further guidance on how to apply and more information regarding social impact bonds and social investment can be found on the Life Chances Fund homepage.
Social Investment: a national overview - Alison Jeffrey, Office for Civil Society, DCMS
- Life Chances Fund overview - Jason Flynn, Big Lottery Fund
Learning session presentations
A new approach for Lincolnshire: Developing Social Impact Bonds - James Murphy, Lincolnshire Community Foundation and Richard Collins, Sortified
- Social Impact Bonds and P3 - Mark Simms, P3
Christine Oliver from Nottingham City Council also delivered a learning session from a commissioner's perspective but there is no presentation.
Good Finance presentation
Life Chances Fund key aims and timeline
Life Chances Fund key aims - example
Early Years policy guide
Young people policy guide
Directory of Social Impact Bond investment funds
Directory of Social Impact Bond providers
Commissioning Better Outcomes Fund Evaluation: Summary Report Targeted at Investors - updated December 2016
Life Chances Fund frequently asked questions
Big Society Capital https://www.bigsocietycapital.com/
Access Foundation https://access-socialinvestment.org.uk/
- Social Impact Bonds overview - video link
A similar event took place in Birmingham. Below are resources from that event: