Project
| ID | INDIGO-POJ-0077 |
|---|---|
| Impact Bond Name - (Value) | Norrköping SIB |
| Stage of Development - (Value) | Implementation |
| Dates - Date outcomes contract signed - (Value) | 2016-07 |
| Dates - Start date of service provision - (Value) | 2016 |
| Dates - (Source ID's) | source2,source1 |
| Overall project finance - Total investment commitment - Currency - (Value) | Swedish |
| Overall project finance - Total investment commitment - Amount - Exact - (Value) | 10000000 |
| Overall project finance - Total investment commitment - Amount USD - Exact - (Value) | 1167952.55 |
| Purpose and classifications - Intervention - (Value) | The intervention seeks to reduce the risk of replacement of children and young people previously placed in state care. It includes: individually adapted school support for each participant and tutoring. It will be carried out by a team specifically recruited for the intervention and an educational support expert. |
| Purpose and classifications - Policy sector - (Value) | Education |
| Purpose and classifications - (Source ID's) | source2,source3 |
| Service and beneficiaries - Target population - (Value) | To be eligible, the participant must be a child or young person that has been previously located at Home for Care and Housing (HVB) or at residential care homes offered by the Swedish National Board of Institutional Care (SiS). |
| Service and beneficiaries - (Source ID's) | source3 |
| Delivery Locations 1: Location - Name - (Value) | Norrköping, Sweden |
| Delivery Locations 1: Location - Country - (Value) | SE |
| Delivery Locations 1: Lat/Lng - Lat - (Value) | 58.580921 |
| Delivery Locations 1: Lat/Lng - Lng - (Value) | 16.188116 |
| Service Provisions 1: Id | serviceprovision1 |
| Service Provisions 1: Organisation ID - (Value) | INDIGO-ORG-0756 |
| Outcome Payment Commitments 1: Organisation ID - (Value) | INDIGO-ORG-0757 |
| Outcome Payment Commitments 1: Maximum potential Outcome payment - Amount - (Value) | 12000000 |
| Investments 1: Id | investment1 |
| Investments 1: Organisation ID - (Value) | INDIGO-ORG-0758 |
| Investments 1: Investment Commitment - Currency - (Value) | Swedish |
| Investments 1: Investment Commitment - Amount - Exact - (Value) | 10000000 |
| Investments 1: Investment Commitment - Amount USD - Exact - (Value) | 1167952.55 |
| Outcome Metrics 1: Id | outcomemetric1 |
| Outcome Metrics 1: Outcome Definition - (Value) | Project is implemented according to the contract signed, no social service costs are reduced/saved. |
| Outcome Metrics 1: Primary SDG goal - (Value) | 4 |
| Outcome Metrics 1: Secondary SDG goals - (Value) | 10 |
| Outcome Metrics 1: Primary SDG target - (Value) | 4.1 |
| Outcome Metrics 1: Secondary SDG targets - (Value) | 10.2 |
| Outcome Metrics 2: Id | outcomemetric2 |
| Outcome Metrics 2: Outcome Definition - (Value) | Project led to a reduction in social service costs for the target group, if savings are up to SEK 10,000,000 (repaid amount is equal to the amount saved). |
| Outcome Metrics 2: Primary SDG goal - (Value) | 4 |
| Outcome Metrics 2: Secondary SDG goals - (Value) | 10 |
| Outcome Metrics 2: Primary SDG target - (Value) | 4.1 |
| Outcome Metrics 2: Secondary SDG targets - (Value) | 10.2 |
| Outcome Metrics 3: Id | outcomemetric3 |
| Outcome Metrics 3: Outcome Definition - (Value) | Project led to a reduction in social service costs for the target group, when savings are over SEK 10,000,000 (amount repaid corresponds to the amount saved over SEK 10,000,000, with a cap of SEK 2,000,000) AND participants' school attaintment improves. |
| Outcome Metrics 3: Primary SDG goal - (Value) | 4 |
| Outcome Metrics 3: Secondary SDG goals - (Value) | 10 |
| Outcome Metrics 3: Primary SDG target - (Value) | 4.1 |
| Outcome Metrics 3: Secondary SDG targets - (Value) | 10.2 |
| Documents 1: Title - (Value) | SIB - Contract |
| Documents 1: URL - (Value) | https://golab.bsg.ox.ac.uk/documents/409/Social_outcome_contract_-_Norrkoping.pdf |