A new way to pay for social innovations launches in the U.K. The first Social Impact Bond will pay to fight recidivism with money from charity...
A new way to pay for social innovations launches in the U.K. The first Social Impact Bond will pay to fight recidivism with money from charity investors who get paid back profits for results. No government money is spent upfront. This could be a game changer for public spending. New Philanthropy Capital.