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Life Chances Fund Information Event - Liverpool
Thu 15 June 2017, 09:30 – 13:00 BST
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 that 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 ideally being led by a commissioner. The social policy themes for this final round of funding are Older People’s Services and Healthy Lives. The deadline for expressions of interest is 31 July 2017, with a deadline of 30 April 2018 for submission of the full application.
Due to limited places, please ensure that only one delegate per organisation registers for the event. If you wish to make an application but your proposal does not fit with the themes of this round, please send a note of interest to email@example.com and a member of our team will contact you to discuss this further.
For further information, please see our website: https://www.gov.uk/government/publications/life-chances-fund