Talking Data Webinar: Using impact data for social investment from Social Finance
Friday, 8 August 2014 from 10:45 to 11:45 (BST)
San Francisco, California
London, United Kingdom
Social Finance: Using impact data for social investment
In the third of our Talking Data webinars Jonny Godwin and Hannah Goldie from Social Finance will be discussing why the use of data is important in the social sector and how it can inform social investments, such as social impact bonds.
When funders decide which prevention services to fund, they have to ask 'what is the likelihood that the cohort will go on to have bad outcomes?' and 'which interventions are likely to work with this target group, and what would their impact be?'. Often these decisions are based on anecdotal or qualitative evidence which, while very useful, do not allow you to assess or forecast the scale of the impact achieved. Quantitative data is used at Social Finance to allow social sector organisations, funders and government to quantify the size of an intervention's impact, especially important when putting robust estimates around the savings government could make by intervening earlier.
The webinar will give a brief overview of how we approach data, and then run through a specific use case in UK Children's Services to demonstrate its usefulness, pointing out how the general principle have been applied in this case.
The webinars are free for all SIAA members and cost £20 for non-members. SIAA members should email email@example.com to access the webinar.