The Rockefeller Foundation and the Social Impact Bond Technical Assistance Lab at the Harvard Kennedy School have announced the six winners of a national competition to provide technical assistance to state and local governments looking to develop "pay-for-success" contracts using social impact bonds.
The Rockefeller Foundation and the Social Impact Bond Technical Assistance Lab (SIB Lab) at the Harvard Kennedy School (HKS) today announced the six winners of a national competition to provide state and local governments with technical assistance to develop pay-for-success contracts using social impact bonds (SIBs). The competition, run with support from The Rockefeller Foundation, received 28 state and local government applications, demonstrating the growing demand for new ways to fund and scale effective social services in a time of economic constraint...