Project

IDINDIGO-POJ-0132
Impact Bond Name - (Value)Aspire
Stage of Development - (Value)Complete
Stage of Development - (Source ID's)source2
Dates - Date outcomes contract signed - (Value)2015-01
Dates - Actual completion date - (Value)2017-12
Dates - Start date of service provision - (Value)2015-01
Dates - (Source ID's)source3
Overall project finance - Total investment commitment - Currency - (Value)GBP
Overall project finance - Total investment commitment - Amount - Exact - (Value)310000
Overall project finance - Total investment commitment - Amount USD - Exact - (Value)473611.0935
Purpose and classifications - Intervention - (Value)On referral participants are allocated a Link Worker, providing a single point of contact and support, and undertaking an initial assessment and action planning exercise (Outcome Star used, and in subsequent assessments). The project follows an ’housing led’ approach, aiming to place clients within 3 months into permanent independent tenancies and offering intensive support to ensure they are sustained (via Link Workers and a recently employed Tenancy Support Officer).
Purpose and classifications - Policy sector - (Value)Homelessness
Purpose and classifications - (Source ID's)source10,source2
Service and beneficiaries - Target population - (Value)Young people aged 18-24 not in employment, education, or training (NEET); homeless as defined in the homelessness legislation but not in priority need under that legislation and deemed a priority for local authority support but unable to be accommodated in a supported housing scheme.
Service and beneficiaries - Actual number of unique service users or beneficiaries engaged (total) - (Value)171
Service and beneficiaries - Unit type of actual service users or beneficiaries engaged - (Value)Individual
Service and beneficiaries - (Source ID's)source2
Notes - (Value)Referral Route: Referrals were mainly via the START gateway, which operated across Gloucestershire and the district authorities of Tewkesbury, Forest of Dean, Stroud, Cheltenham, Gloucester City and Cotswold, and with which the project worked closely during the Year 1 recruitment period. The project also took referrals of young people awaiting release from prison. Additional assessment: The project also uses other non-outcome payment-related assessments, including process evaluation (following a mixed methods approach), costed case studies, and review of perfromance data against forecast. No impact evaluation or value for money analysis was conducted due to inability to establish a comparison group.
Outcome Funds 1: IdINDIGO-FUND-0005
Delivery Locations 1: Location - Name - (Value)South West: Gloucestershire County Council and six district councils – Tewkesbury, Forest of Dean, Stroud, Cheltenham, Gloucester City and Cotswold
Delivery Locations 1: Location - Country - (Value)GB
Delivery Locations 1: Lat/Lng - Lat - (Value)51.744066
Delivery Locations 1: Lat/Lng - Lng - (Value)-1.986861
Sources 1: Idsource1
Sources 1: Name - (Value)Evaluation of the Fair Chance Fund Final Report (ICF, 2019) page 16
Sources 2: Idsource2
Sources 2: Name - (Value)Evaluation of the Fair Chance Fund Final Report (ICF, 2019) page 9
Sources 3: Idsource3
Sources 3: Name - (Value)Evaluation of the Fair Chance Fund Final Report (ICF, 2019) page 1
Sources 4: Idsource4
Sources 4: Name - (Value)Individual charity websites
Sources 5: Idsource5
Sources 5: Name - (Value)Evaluation of the Fair Chance Fund Final Report (ICF, 2019) page 87
Sources 6: Idsource6
Sources 6: Name - (Value)Fair Chance Fund Interim Report Year One (ICF, 2017), page 113
Sources 7: Idsource7
Sources 7: Name - (Value)Big Society Capital, 'Social Investment Activity December 2016' (BSC, 2017)
Sources 8: Idsource8
Sources 8: Name - (Value)Evaluation of the Fair Chance Fund Final Report (ICF, 2019) page 22
Sources 9: Idsource9
Sources 9: Name - (Value)Evaluation of the Fair Chance Fund Final Report (ICF, 2019) page 12
Sources 10: Idsource10
Sources 10: Name - (Value)Fair Chance Fund Interim Report Year One (ICF, 2017), page 19
Sources 11: Idsource11
Sources 11: Name - (Value)Evaluation of the Fair Chance Fund Final Report (ICF, 2019) page 11
Sources 12: Idsource12
Sources 12: Name - (Value)Building the Tools for Public Services to Secure Better Outcomes: Collaboration, Prevention, Innovation (GO Lab, 2018)
Sources 13: Idsource13
Sources 13: Name - (Value)Evaluation of the Fair Chance Fund Final Report (ICF, 2019) page 28 (accommodation), page 35 (education), page 41 (volunteering), page 45 (employment),
Sources 14: Idsource14
Sources 14: Name - (Value)Fair Chance Fund Interim Report Year One (ICF, 2017), page 25
Sources 15: Idsource16
Sources 15: Name - (Value)Evaluation of the Fair Chance Fund Final Report (ICF, 2019) page 29 (accommodation), page 36 (education), page 42 (volunteering), page 46 (employment),
Sources 16: Idsource17
Sources 16: Name - (Value)Evaluation of the Fair Chance Fund Final Report (ICF, 2019) page 28 (accommodation), page 35 (education), page 41 (volunteering), page 45 (employment)
Sources 17: Idsource18
Sources 17: Name - (Value)Evaluation of the Fair Chance Fund Final Report (ICF, 2019) page 19; Evaluation of the Fair Chance Fund Final Report (ICF, 2019) page 12-13
Sources 18: Idsource20
Sources 18: Name - (Value)Evaluation of the Fair Chance Fund Final Report (ICF, 2019) page 11
Service Provisions 1: Idserviceprovision1
Service Provisions 1: Organisation ID - (Value)INDIGO-ORG-0084
Service Provisions 2: Idserviceprovision2
Service Provisions 2: Organisation ID - (Value)INDIGO-ORG-1038
Outcome Payment Commitments 1: Organisation ID - (Value)INDIGO-ORG-0088
Outcome Payment Commitments 2: Organisation ID - (Value)INDIGO-ORG-0171
Investments 1: Idinvestment1
Investments 1: Organisation ID - (Value)INDIGO-ORG-0132
Investments 1: Investment Type - (Value)Quasi-equity
Investments 2: Idinvestment2
Investments 2: Organisation ID - (Value)INDIGO-ORG-1039
Investments 2: Investment Type - (Value)Quasi-equity
Investments 3: Idinvestment3
Investments 3: Organisation ID - (Value)INDIGO-ORG-0084
Investments 3: Investment Type - (Value)Quasi-equity
Investments 4: Idinvestment4
Investments 4: Organisation ID - (Value)INDIGO-ORG-1038
Investments 4: Investment Type - (Value)Quasi-equity
Intermediary services 1: Organisation ID - (Value)INDIGO-ORG-0002
Intermediary services 1: Organisation Role Category - (Value)Performance management
Outcome Metrics 1: Idoutcomemetric1
Outcome Metrics 1: Outcome Definition - (Value)Initial Assessment fee Number of initial assessments of service users completed
Outcome Metrics 1: Targeted number of service users Or beneficiaries (total) - (Value)150
Outcome Metrics 2: Idoutcomemetric2
Outcome Metrics 2: Outcome Definition - (Value)Second Assessment fee Number of second assessments of service users completed
Outcome Metrics 3: Idoutcomemetric3
Outcome Metrics 3: Outcome Definition - (Value)Third Assessment fee Number of third assessments of service users completed
Outcome Metrics 4: Idoutcomemetric4
Outcome Metrics 4: Outcome Definition - (Value)Move into Accommodation Initial prevention or relief of homelessness/ entry into accommodation which is a non-hostel tenancy Signed copies of licence or tenancy agreements, written agreements with landlords, exclusive occupation of own room if living with friends/family.
Outcome Metrics 5: Idoutcomemetric5
Outcome Metrics 5: Outcome Definition - (Value)Accommodation sustained for 3 Months Sustainment of accommodation for 3 months with no identified risk of homelessness Evidence required alternates between claims to reduce burden on landlords - documentary evidence (e.g. signed letter from landlord or equivalent) and self-certification.
Outcome Metrics 6: Idoutcomemetric6
Outcome Metrics 6: Outcome Definition - (Value)Accommodation sustained for 6 Months Sustainment of accommodation for 6 months with no identified risk of homelessness
Outcome Metrics 7: Idoutcomemetric7
Outcome Metrics 7: Outcome Definition - (Value)Accommodation sustained for 12 Months Sustainment of accommodation for 12 months with no identified risk of homelessness
Outcome Metrics 8: Idoutcomemetric8
Outcome Metrics 8: Outcome Definition - (Value)Accommodation sustained for 18 Months Sustainment of accommodation for 18 months with no identified risk of homelessness
Outcome Metrics 9: Idoutcomemetric9
Outcome Metrics 9: Outcome Definition - (Value)Entry into Education or training Service users take up training and education opportunities Signed letter from education/training provider that skills assessment completed, learning agreement is in place, registered on course and attended a session.
Outcome Metrics 10: Idoutcomemetric10
Outcome Metrics 10: Outcome Definition - (Value)First Entry Level qualification (incl. Maths and/or English), minimum 45 guided learning hours Achievement of an accredited QCF/NQF Entry Level qualification Qualification Certificate or signed letter from education/training provider.
Outcome Metrics 11: Idoutcomemetric11
Outcome Metrics 11: Outcome Definition - (Value)First level 1 qualification (e.g. NVQ), minimum 120 guided learning hours Achievement of QCF/NVQ Level 1 qualification
Outcome Metrics 12: Idoutcomemetric12
Outcome Metrics 12: Outcome Definition - (Value)First level 2 or equivalent qualification, minimum 325 guided learning hours Achievement of QCF/NVQ Level 2 qualification
Outcome Metrics 13: Idoutcomemetric13
Outcome Metrics 13: Outcome Definition - (Value)Entry into Employment Entry into employment (includes both full-time or part-time) Signed letter from employer, copy of payslips or employment contract, to show individual made and accepted an offer of employment.
Outcome Metrics 14: Idoutcomemetric14
Outcome Metrics 14: Outcome Definition - (Value)13 Weeks part-time Employment Sustained part time employment for 13 weeks Employment for 8-16 hours/week, evidenced by signed letter from employer or copy of payslips.
Outcome Metrics 15: Idoutcomemetric15
Outcome Metrics 15: Outcome Definition - (Value)26 Weeks part-time Employment Sustained part time employment for 26 weeks
Outcome Metrics 16: Idoutcomemetric16
Outcome Metrics 16: Outcome Definition - (Value)13 Weeks full-time Employment Sustained full time employment for 13 weeks Employment for a minimum of 16 hours/week, evidenced by signed letter from employer or copy of payslips.
Outcome Metrics 17: Idoutcomemetric17
Outcome Metrics 17: Outcome Definition - (Value)26 Weeks full-time Employment Sustained full time employment for 26 weeks
Outcome Metrics 18: Idoutcomemetric18
Outcome Metrics 18: Outcome Definition - (Value)6 Weeks Volunteering Sustained volunteering for 6 weeks Signed letter from organisation confirming volunteering agreement and attendance
Outcome Metrics 19: Idoutcomemetric19
Outcome Metrics 19: Outcome Definition - (Value)13 Weeks Volunteering Sustained volunteering for 13 weeks
Outcome Metrics 20: Idoutcomemetric20
Outcome Metrics 20: Outcome Definition - (Value)20 Weeks Volunteering Sustained volunteering for 20 weeks
Outcome Metrics 21: Idoutcomemetric21
Outcome Metrics 21: Outcome Definition - (Value)26 Weeks Volunteering Sustained volunteering for 26 weeks
Outcome Pricings 1: Outcome Metric Id - (Value)outcomemetric1
Outcome Pricings 1: Currency - (Value)GBP
Outcome Pricings 1: Price Per Unit - Amount - (Value)500
Outcome Pricings 2: Outcome Metric Id - (Value)outcomemetric2
Outcome Pricings 2: Currency - (Value)GBP
Outcome Pricings 2: Price Per Unit - Amount - (Value)500
Outcome Pricings 3: Outcome Metric Id - (Value)outcomemetric3
Outcome Pricings 3: Currency - (Value)GBP
Outcome Pricings 3: Price Per Unit - Amount - (Value)200
Outcome Pricings 4: Outcome Metric Id - (Value)outcomemetric4
Outcome Pricings 4: Currency - (Value)GBP
Outcome Pricings 4: Price Per Unit - Amount - (Value)500
Outcome Pricings 5: Outcome Metric Id - (Value)outcomemetric5
Outcome Pricings 5: Currency - (Value)GBP
Outcome Pricings 5: Price Per Unit - Amount - (Value)1500
Outcome Pricings 6: Outcome Metric Id - (Value)outcomemetric6
Outcome Pricings 6: Currency - (Value)GBP
Outcome Pricings 6: Price Per Unit - Amount - (Value)1500
Outcome Pricings 7: Outcome Metric Id - (Value)outcomemetric7
Outcome Pricings 7: Currency - (Value)GBP
Outcome Pricings 7: Price Per Unit - Amount - (Value)1500
Outcome Pricings 8: Outcome Metric Id - (Value)outcomemetric8
Outcome Pricings 8: Currency - (Value)GBP
Outcome Pricings 8: Price Per Unit - Amount - (Value)1500
Outcome Pricings 9: Outcome Metric Id - (Value)outcomemetric9
Outcome Pricings 9: Currency - (Value)GBP
Outcome Pricings 9: Price Per Unit - Amount - (Value)500
Outcome Pricings 10: Outcome Metric Id - (Value)outcomemetric10
Outcome Pricings 10: Currency - (Value)GBP
Outcome Pricings 10: Price Per Unit - Amount - (Value)1500
Outcome Pricings 11: Outcome Metric Id - (Value)outcomemetric11
Outcome Pricings 11: Currency - (Value)GBP
Outcome Pricings 11: Price Per Unit - Amount - (Value)2500
Outcome Pricings 12: Outcome Metric Id - (Value)outcomemetric12
Outcome Pricings 12: Currency - (Value)GBP
Outcome Pricings 12: Price Per Unit - Amount - (Value)3500
Outcome Pricings 13: Outcome Metric Id - (Value)outcomemetric13
Outcome Pricings 13: Currency - (Value)GBP
Outcome Pricings 13: Price Per Unit - Amount - (Value)500
Outcome Pricings 14: Outcome Metric Id - (Value)outcomemetric14
Outcome Pricings 14: Currency - (Value)GBP
Outcome Pricings 14: Price Per Unit - Amount - (Value)3000
Outcome Pricings 15: Outcome Metric Id - (Value)outcomemetric15
Outcome Pricings 15: Currency - (Value)GBP
Outcome Pricings 15: Price Per Unit - Amount - (Value)2000
Outcome Pricings 16: Outcome Metric Id - (Value)outcomemetric16
Outcome Pricings 16: Currency - (Value)GBP
Outcome Pricings 16: Price Per Unit - Amount - (Value)4500
Outcome Pricings 17: Outcome Metric Id - (Value)outcomemetric17
Outcome Pricings 17: Currency - (Value)GBP
Outcome Pricings 17: Price Per Unit - Amount - (Value)3500
Outcome Pricings 18: Outcome Metric Id - (Value)outcomemetric18
Outcome Pricings 18: Currency - (Value)GBP
Outcome Pricings 18: Price Per Unit - Amount - (Value)500
Outcome Pricings 19: Outcome Metric Id - (Value)outcomemetric19
Outcome Pricings 19: Currency - (Value)GBP
Outcome Pricings 19: Price Per Unit - Amount - (Value)500
Outcome Pricings 20: Outcome Metric Id - (Value)outcomemetric20
Outcome Pricings 20: Currency - (Value)GBP
Outcome Pricings 20: Price Per Unit - Amount - (Value)250
Outcome Pricings 21: Outcome Metric Id - (Value)outcomemetric21
Outcome Pricings 21: Currency - (Value)GBP
Outcome Pricings 21: Price Per Unit - Amount - (Value)250
Results 1: Outcome Metric Id - (Value)outcomemetric1
Results 1: Result level - (Value)Outcome level
Results 1: Result type - (Value)Final
Results 1: Period - Start - (Value)2015-01
Results 1: Period - End - (Value)2017-12
Results 1: Outcomes achieved - (Value)162
Results 2: Outcome Metric Id - (Value)outcomemetric2
Results 2: Result level - (Value)Outcome level
Results 2: Result type - (Value)Final
Results 2: Period - Start - (Value)2015-01
Results 2: Period - End - (Value)2017-12
Results 2: Outcomes achieved - (Value)152
Results 3: Outcome Metric Id - (Value)outcomemetric3
Results 3: Result level - (Value)Outcome level
Results 3: Result type - (Value)Final
Results 3: Period - Start - (Value)2015-01
Results 3: Period - End - (Value)2017-12
Results 3: Outcomes achieved - (Value)140
Results 4: Outcome Metric Id - (Value)outcomemetric4
Results 4: Result level - (Value)Outcome level
Results 4: Result type - (Value)Final
Results 4: Period - Start - (Value)2015-01
Results 4: Period - End - (Value)2017-12
Results 4: Outcomes achieved - (Value)151
Results 5: Outcome Metric Id - (Value)outcomemetric5
Results 5: Result level - (Value)Outcome level
Results 5: Result type - (Value)Final
Results 5: Period - Start - (Value)2015-01
Results 5: Period - End - (Value)2017-12
Results 5: Outcomes achieved - (Value)143
Results 6: Outcome Metric Id - (Value)outcomemetric6
Results 6: Result level - (Value)Outcome level
Results 6: Result type - (Value)Final
Results 6: Period - Start - (Value)2015-01
Results 6: Period - End - (Value)2017-12
Results 6: Outcomes achieved - (Value)133
Results 7: Outcome Metric Id - (Value)outcomemetric7
Results 7: Result level - (Value)Outcome level
Results 7: Result type - (Value)Final
Results 7: Period - Start - (Value)2015-01
Results 7: Period - End - (Value)2017-12
Results 7: Outcomes achieved - (Value)106
Results 8: Outcome Metric Id - (Value)outcomemetric8
Results 8: Result level - (Value)Outcome level
Results 8: Result type - (Value)Final
Results 8: Period - Start - (Value)2015-01
Results 8: Period - End - (Value)2017-12
Results 8: Outcomes achieved - (Value)85
Results 9: Outcome Metric Id - (Value)outcomemetric9
Results 9: Result level - (Value)Outcome level
Results 9: Result type - (Value)Final
Results 9: Period - Start - (Value)2015-01
Results 9: Period - End - (Value)2017-12
Results 9: Outcomes achieved - (Value)63
Results 10: Outcome Metric Id - (Value)outcomemetric10
Results 10: Result level - (Value)Outcome level
Results 10: Result type - (Value)Final
Results 10: Period - Start - (Value)2015-01
Results 10: Period - End - (Value)2017-12
Results 10: Outcomes achieved - (Value)27
Results 11: Outcome Metric Id - (Value)outcomemetric11
Results 11: Result level - (Value)Outcome level
Results 11: Result type - (Value)Final
Results 11: Period - Start - (Value)2015-01
Results 11: Period - End - (Value)2017-12
Results 11: Outcomes achieved - (Value)36
Results 12: Outcome Metric Id - (Value)outcomemetric12
Results 12: Result level - (Value)Outcome level
Results 12: Result type - (Value)Final
Results 12: Period - Start - (Value)2015-01
Results 12: Period - End - (Value)2017-12
Results 12: Outcomes achieved - (Value)1
Results 13: Outcome Metric Id - (Value)outcomemetric13
Results 13: Result level - (Value)Outcome level
Results 13: Result type - (Value)Final
Results 13: Period - Start - (Value)2015-01
Results 13: Period - End - (Value)2017-12
Results 13: Outcomes achieved - (Value)73
Results 14: Outcome Metric Id - (Value)outcomemetric14
Results 14: Result level - (Value)Outcome level
Results 14: Result type - (Value)Final
Results 14: Period - Start - (Value)2015-01
Results 14: Period - End - (Value)2017-12
Results 14: Outcomes achieved - (Value)6
Results 15: Outcome Metric Id - (Value)outcomemetric15
Results 15: Result level - (Value)Outcome level
Results 15: Result type - (Value)Final
Results 15: Period - Start - (Value)2015-01
Results 15: Period - End - (Value)2017-12
Results 15: Outcomes achieved - (Value)4
Results 16: Outcome Metric Id - (Value)outcomemetric16
Results 16: Result level - (Value)Outcome level
Results 16: Result type - (Value)Final
Results 16: Period - Start - (Value)2015-01
Results 16: Period - End - (Value)2017-12
Results 16: Outcomes achieved - (Value)43
Results 17: Outcome Metric Id - (Value)outcomemetric17
Results 17: Result level - (Value)Outcome level
Results 17: Result type - (Value)Final
Results 17: Period - Start - (Value)2015-01
Results 17: Period - End - (Value)2017-12
Results 17: Outcomes achieved - (Value)29
Results 18: Outcome Metric Id - (Value)outcomemetric18
Results 18: Result level - (Value)Outcome level
Results 18: Result type - (Value)Final
Results 18: Period - Start - (Value)2015-01
Results 18: Period - End - (Value)2017-12
Results 18: Outcomes achieved - (Value)27
Results 19: Outcome Metric Id - (Value)outcomemetric19
Results 19: Result level - (Value)Outcome level
Results 19: Result type - (Value)Final
Results 19: Period - Start - (Value)2015-01
Results 19: Period - End - (Value)2017-12
Results 19: Outcomes achieved - (Value)21
Results 20: Outcome Metric Id - (Value)outcomemetric20
Results 20: Result level - (Value)Outcome level
Results 20: Result type - (Value)Final
Results 20: Period - Start - (Value)2015-01
Results 20: Period - End - (Value)2017-12
Results 20: Outcomes achieved - (Value)17
Results 21: Outcome Metric Id - (Value)outcomemetric21
Results 21: Result level - (Value)Outcome level
Results 21: Result type - (Value)Final
Results 21: Period - Start - (Value)2015-01
Results 21: Period - End - (Value)2017-12
Results 21: Outcomes achieved - (Value)15
Outcome Payments 1: Period - Start - (Value)2015-01
Outcome Payments 1: Period - End - (Value)2017-12
Outcome Payments 1: Payments - Currency - (Value)GBP
Outcome Payments 1: Payments - Amount - (Value)1313690
Outcome Payments 1: NotesThis is 91% of the total outcome payment available (1, 451,250)

Download Form