Slide 3

Question 1

How SIB works?

Answer 1

Definition: financial mechanism.
Explain the stakeholders and their relations.
Addition: prevention, long-term, integration,

Question 2

Main features and critical success factors in SIB

Answer 2

Features: risk transfer, outcome metrics, money, performance management
Critical success factors: gap in a social problem, promising interventions, risk transfer/external expertise, performance management, outcomes based contract, social impact attractive

Question 3

Limitations and benefits of the SIB

Answer 3

Government:
L: uncertain upside, reputational risk
B: no downside, risk transfers, integration

Intermediaries:
L: reputational risk,
B: increase awareness

Investors:
L: uncertain returns
B: impact, returns

Providers:
L: reputational risk
B: access of capital, organization

Population:
B: no downside

Question 4

Development process of the SIB

Answer 4

Identify the problem
Identify target population
Target intervention
Outcome metrics
Financial modeling
Business plan
Implementation

Question 5

Examples of SIB

Answer 5

Peterborough, TOP, be the change
Context: social welfare, employment, education, criminal justice