Bridges commits £1.65m to first active social impact bond in the UK healthcare sector
The ‘Ways to Wellness’ programme will launch next week, providing up-front funding for innovative ‘social prescribing’ interventions by four specialist providers in Newcastle
It is aiming to improve the health outcomes of over 11,000 people
Bridges’ Social Sector Funds have now backed 13 UK SIBs Read more
Seven new Social Impact Bond investment schemes aim to support social entrepreneurs and help to reform public services. The UK now has more Social Impact Bonds (SIBs) than the rest of the world put together.
SIBs are a form of social investment where private investors provide the capital to address complex social problems. It is a payment by results system. Investors fund innovative interventions and the government only pays if these interventions succeed in, for example, helping young people get back into education. Read more
Welcome to the 13th Bulletin for the Ways to Wellness Project. The Bulletin assumes that readers are already familiar with the Ways to Wellness Project, so if you are not already aware of our work then please refer to the FAQs and the first twelve bulletins, which tell the story thus far and can be found on the Vonne website. Read more