Fund
| ID | INDIGO-FUND-0019 |
|---|---|
| Fund - Name | Education Outcomes Fund - Sierra Leone |
| Fund - Stage of Development - (Value) | Active |
| Fund - Host institution of Outcome Fund | INDIGO-ORG-1204 |
| Fund - Mechanism | The EOF Sierra Leone partnership will build the ecosystem for outcomes-based commissioning through a shift from activity-based to outcomes-focused funding and policy. The SLEIC project will ensure that service providers are accountable for delivering learning gains in foundational literacy and numeracy. Provider organisations (and/or investors) will be paid "in proportion to the level of outcomes achieved, creating a strong focus and incentive on performance". |
| Fund - Dates - Expression of interest - (Value) | 2020-05 |
| Fund - Purpose and classifications - Purpose | The Sierra Leone Education Innovation Challenge (SLEIC) is a partnership between the governmnent, donor, NGOs and social investors and the Education Outcomes Fund (EOF) to improve learning outcomes, in literacy and numeracy, in public schools through outcomes-focused funding and policy. |
| Fund - Purpose and classifications - Secondary SDG goals | 4,17 |
| Fund - Dimensions of Scale - Total Outcome Fund value (outcomes funding) - Currency | USD |
| Fund - Dimensions of Scale - Total Outcome Fund value (outcomes funding) - Aspiration - Amount - (Value) | 20000000 |
| Fund - Dimensions of Scale - Total Outcome Fund value (outcomes funding) - Aspiration - Amount USD - (Value) | 20000000 |
| Fund - Country | Sierra Leone |
| Fund - Geographic area for outcome payment 1: Country - (Value) | SL |