Resource ID: INDIGO-ARES-0192
Link: https://yoursay.sa.gov.au/pages/social-impact-bonds-self-assessment-tool/
An ex-ante analysis tool to assess whether a proposed SIB is viable. Could be extremely useful for a small set of use cases.
The purpose of the SIB self-assessment tool is to provide an indication of where the challenges and opportunities would lie in developing a successful Social Impact Bond.
The tool asks a number of questions related to:
The social issue you want to address
The current cost to the Government related to the social issue
The target population
The potential outcome metric
The counterfactual or baseline
The intervention program
Responses to these questions are used to calculate a score and to provide you with a high-level assessment of viability.
Impact goal: Social impact
Internal/external: External, Internal
Leader: Government of South Australia
Method: Theory of change, Mission alignment, Ex ante projections
Output format: Non monetary quant index
Scale: Meso, Macro, Micro, Agnostic
Sourcing: Self driven
Time frame: Prospective
Type: Tool
Used in sectors: Sibs, Governance policy, Social enterprises
Who: Public sector, Private sector
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