Organisation: Department for Work and Pensions
Authors: Andy Thomas, Dr. Rita Griffiths and Dr. Alison Pemberton (Insite Research and Consulting on behalf of the Department for Work and Pensions)
Publication Date: 2016
Location: United Kingdom
Policy Area: Employment
This is the final report from the qualitative strand of evaluation research into the Department for Work and Pensions’ Innovation Fund (IF), a three-year £30 million pilot programme which was launched in April 2012 and ceased delivery in November 2015. The IF pilot used an innovative Social Impact Bond and 100 per cent outcomes-based Payment by Results funding model to support projects targeted on young people aged 14 and over who were disadvantaged or at risk of disadvantage.
The report explores the processes of delivery and project management through the perceptions of those involved, looking in particular at the e ects of the funding model and the operational relationships with schools essential for delivering early interventions with 14 to 16-year-olds.