Outcome-focused payments, Social impact bond

The Skill Mill, United Kingdom

Established to reduce reoffending among young ex-offenders in the United Kingdom, The Skill Mill employs participants on environmental projects to provide work experience, training, and qualifications. Funded through Social Impact Bond payments and client revenue, the six-month programme has supported 450 young people since 2014, with a reconviction rate of 7.3% and wider social and economic benefits.

Outcome-focused payments, Payment for outcomes/results

Fair chance fund

Established to support homeless young people aged 18–24 in the United Kingdom, the Fair Chance Fund uses a Social Impact Bond to finance local projects providing tailored support for housing, education, and employment. This approach links investor repayment to participants achieving outcomes such as securing accommodation, entering education or training, and gaining employment.

Outcome-focused payments, Social impact/outcome fund

The Brabant Outcomes Fund

To scale social impact in the Netherlands, the Brabant Outcomes Fund uses Social Outcomes Contracting to finance social enterprises working on issues such as employment, empowerment, and inclusion. The approach links public repayment to the achievement of agreed social outcomes, including job creation and improved social participation.

Outcome-focused payments, Social impact bond

The Newpin Programme

Established to strengthen child protection in New South Wales, Australia, the Newpin Programme has implemented a Social Impact Bond to fund intensive family support and help children safely return home. This bond links investor repayment to successful family reunification and reduced public care costs.

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