Interreg Baltic Sea Region matchmaking platform Interreg Baltic Sea Region matchmaking platform

Menu

  • Start
  • Project Ideas
    • Add Project Idea
  • Members
    • Search for partners
  • FAQ & Contact

Project Ideas

Newest | Active | Popular | Alphabetical
  • VR technology in medicine
    VR technology in medicine
    created 2 days, 16 hours ago
  • Pay-As-You-Waste Pilot Model
    Pay-As-You-Waste Pilot Model
    created 3 days, 15 hours ago
  • Group logo of Impact based Micro-Pollutant removal with a  Natural and Energy neutral Technology  (IMP-NET)
    Impact based Micro-Pollutant removal with a Natural and Energy neutral Technology (IMP-NET)
    created 4 days, 14 hours ago
  • MunicipaLean – implementation of selected rules or tools of the Lean Management concept in local gov
    MunicipaLean – implementation of selected rules or tools of the Lean Management concept in local gov
    created 4 days, 17 hours ago
  • test
    test
    created 5 days, 20 hours ago
  • Bridging the gap between SMEs and startups in the Baltic Sea region and investors from other EU coun
    Bridging the gap between SMEs and startups in the Baltic Sea region and investors from other EU coun
    created 1 week, 2 days ago
  • "Environmentally Sensitive Traffic Management in Urban Port Areas (ELSA)"
    ”Environmentally Sensitive Traffic Management in Urban Port Areas (ELSA)”
    created 1 week, 3 days ago
  • Biodegradable waste for local green energy.
    Biodegradable waste for local green energy.
    created 1 week, 5 days ago
  • Sustainable Urban Mobility Planning in Small and Medium European cities
    Sustainable Urban Mobility Planning in Small and Medium European cities
    created 1 week, 5 days ago
  • Social Impact Bond – Development Concept for Humanly and Economically Profitable Social Investments
    Social Impact Bond – Development Concept for Humanly and Economically Profitable Social Investments
    created 1 week, 5 days ago
Powered by
Interreg Baltic Sea Region
and iService
Interreg Baltic Sea Region matchmaking platform
  • Add Project Idea
  • Search for partner
  • Activity
  • My Account
    • Login
    • Register
Public Project Idea
Social Impact Bond – Development Concept for Humanly and Economically Profitable Social Investments

Social Impact Bond – Development Concept for Humanly and Economically Profitable Social Investments

active 1 week, 3 days ago

The Social Impact Bond (SIB) is a new form of impact investing, a new way to corroborate new business development through SIB investments for leveraging innovative preventive support for children and young people, increasing well-being, and preventing marginalization and social exclusion of children and youth.

SIB turns the situation upside down, so that private actors (investors and companies) are not able to gain profits through providing reactive, long-lasting and expensive remedial services, but instead innovating and funding new proactive cost-effective support that curbs the need for aforementioned child and youth services.

SIB is a cross-border model, which unites municipalities and private actors (investors & companies) for the good of the child and youth. A common aim is to improve the cost-effectiveness of the public service system by reducing the need for long-lasting and expensive remedial support (e.g. youth psychiatry and child protection institutional care).

Through Social Impact Bond initially developed by Sir Ronald Cohen and further elaborated the Finnish Innovation Fund (SITRA), Finnish municipalities and innovation HUB companies, timely measures can be pointed out as humanly and economically profitable social investments. Through performance-based financing agreements, funds are collected from private investors to the SIB Fund, from which funds are allocated to development of timely preventive innovations and HUBs responsible for nurturing new start-ups and business development.

When the goals are achieved, the municipality or city saves costs in expensive and long-lasting remedial services (e.g. child protection institutional care, child and youth psychiatry etc.), it returns part of the savings to the SIB Fund. The public sector only pays for the results achieved in curbing the need for long-lasting and expensive remedial social welfare & health care services. Thus, the SIB model is particularly suitable for preventive business innovations.

Project Idea Admins

  • Profile picture of Niko
  • Home
  • Files & Docs 0
  • Members 2
  • Send Invites

Home

  1. Home
  2. Project Ideas
  3. Social Impact Bond – Development Concept for Humanly and Economically Profitable Social Investments
  • RSS
  • Profile picture of Aleksandra

    Aleksandra joined the project idea Project Idea logo of Social Impact Bond – Development Concept for Humanly and Economically Profitable Social InvestmentsSocial Impact Bond – Development Concept for Humanly and Economically Profitable Social Investments 1 week, 3 days ago

 

Cookies are neccessary and useful.
We use cookies to analyse how visitors use our website and are required for the basic functionality of this website. They help us provide the best possible experience for users. View our Cookie Policy for more information.

 

We do not collect & store any personal data!
The information is used exclusively for statistical purposes and does not allow any conclusions to be drawn about individual persons or personal data.

 

By clicking "Agree" you support our improvement work on the website. Using the settings button, you can decide not to allow certain cookies. However, this may limit the functionality of the website. You can revoke your selection at any time via the corresponding link in the footer of the website.

 

Log in with your credentials

Remember me Lost your password?
Don't have an account yet? Create an account

Forgot your details?

I remember my details
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.

3rd Party Cookies

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

Keeping this cookie enabled helps us to improve our website.

Please enable Strictly Necessary Cookies first so that we can save your preferences!