Social Impact Bond
Location: Staffordshire, United Kingdom
Launch date: 2018
Duration: 72 months
Capital raised: £0.47m
Policy area: Health & wellbeing
Government outcomes fund: Life Chances Fund (Department for Digital, Culture, Media & Sports, Big Lottery Fund)
Commissioners: Staffordshire County Council (Local government), Department for Digital, Culture, Media and Sport (DCMS) (Central government)
Providers: Addiction Dependency Solutions (Charity Number: 702559)
Investors: Big Issue Invest
Target population: The project will involve three main target audiences: 1) Children in need (CIN) 2) Children subject to a Child Protection Plan (CPP) 3) Looked After Children (LACs)
Size of cohort: 1680
The aim of the project is to work with families who have children & young people identified as children in need, to reduce child safeguarding concerns associated with drug and or alcohol use primarily amongst parents. the IFSS intervention is a strengths-based model that relies on empowering families to find solutions for their issues, rather than relying on statutory services - a large part of this sustainability stems from engagement with community-based activities - which is also a core element of the wider drug/alcohol strategy.
The IFSS service has been operating as a two-year trial between April 2016 and March 2018, as amendment to a wider contract with the core drug/alcohol treatment service provider.
Reduce the number of Child Protection Plans (CPP) escalating to become Looked After Children (LAC).
Reduce the number of Children in Need (CIN) escalating to become CPPs (Child Protection Plans).
More detailed information on this project can be found in the Data Template Excel sheet linked below, with a full list of sources. All fields are defined according to our data dictionary.