Project

IDINDIGO-POJ-0137
Impact Bond Name - (Value)St Basil's
Stage of Development - (Value)Complete
Stage of Development - (Source ID's)source3
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)1030000
Overall project finance - Total investment commitment - Amount USD - Exact - (Value)1573611.052
Purpose and classifications - Social challenge - (Value)Homelessness
Purpose and classifications - Intervention - (Value)Participants are allocated a Support Worker, who is a source of intensive, practical and psycho-social support throughout the programme – on the basis of individually tailored action plans informed by completion of the Outcomes Star and Risk Tracker. The project is also building a team of Community Coaches in each local authority area to provide additional support to participants. The complexity of need with which young people present mean that this support is designed to come later in the participant journey.
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)351
Service and beneficiaries - Unit type of actual service users or beneficiaries engaged - (Value)Individual
Service and beneficiaries - (Source ID's)source2
Notes - (Value)Referral: Key referral routes were through a series of five local authority gateways, and self-referral through the provider website. 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: Service Provision ID - (Value)deliverylocation1
Delivery Locations 1: Location - Name - (Value)West Midlands: Birmingham City Council, Coventry City Council, Solihull Metropolitan Borough Council, Walsall Council, and Wyre Forest District Council
Delivery Locations 1: Location - Country - (Value)GB
Delivery Locations 1: Lat/Lng - Lat - (Value)52.513157
Delivery Locations 1: Lat/Lng - Lng - (Value)-2.249884
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 116 and Big Society Capital, 'Social Investment Activity December 2016' (BSC, 2017)
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 23
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 21; Evaluation of the Fair Chance Fund Final Report (ICF, 2019) page 12-13
Sources 18: Idsource19
Sources 18: Name - (Value)Email correspondence with Bridges Fund Management on 2/2/2022.
Service Provisions 1: Idserviceprovision1
Service Provisions 1: Organisation ID - (Value)INDIGO-ORG-1058
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-0010
Investments 2: Idinvestment2
Investments 2: Organisation ID - (Value)INDIGO-ORG-0132
Investments 3: Idinvestment3
Investments 3: Organisation ID - (Value)INDIGO-ORG-0007
Investments 3: Investment Type - (Value)Loan
Investments 4: Idinvestment4
Investments 4: Organisation ID - (Value)INDIGO-ORG-0008
Investments 5: Idinvestment5
Investments 5: Organisation ID - (Value)INDIGO-ORG-0266
Investments 5: Investment Type - (Value)Quasi-equity
Investments 6: Idinvestment6
Investments 6: Organisation ID - (Value)INDIGO-ORG-1304
Investments 7: Idinvestment7
Investments 7: Organisation ID - (Value)INDIGO-ORG-0268
Investments 8: Idinvestment8
Investments 8: Organisation ID - (Value)INDIGO-ORG-1305
Investments 9: Idinvestment9
Investments 9: Organisation ID - (Value)INDIGO-ORG-0049
Investments 10: Idinvestment10
Investments 10: Organisation ID - (Value)INDIGO-ORG-0547
Investments 11: Idinvestment11
Investments 11: Organisation ID - (Value)INDIGO-ORG-1306
Investments 12: Idinvestment12
Investments 12: Organisation ID - (Value)INDIGO-ORG-1222
Investments 13: Idinvestment13
Investments 13: Organisation ID - (Value)INDIGO-ORG-0641
Investments 14: Idinvestment14
Investments 14: Organisation ID - (Value)INDIGO-ORG-0303
Investments 15: Idinvestment15
Investments 15: Organisation ID - (Value)INDIGO-ORG-1307
Investments 16: Idinvestment16
Investments 16: Organisation ID - (Value)INDIGO-ORG-1221
Investments 17: Idinvestment17
Investments 17: Organisation ID - (Value)INDIGO-ORG-1308
Investments 18: Idinvestment18
Investments 18: Organisation ID - (Value)INDIGO-ORG-1309
Investments 19: Idinvestment19
Investments 19: Organisation ID - (Value)INDIGO-ORG-1295
Investments 20: Idinvestment20
Investments 20: Organisation ID - (Value)INDIGO-ORG-1221
Investments 21: Idinvestment21
Investments 21: Organisation ID - (Value)INDIGO-ORG-1308
Investments 22: Idinvestment22
Investments 22: Organisation ID - (Value)INDIGO-ORG-1309
Investments 23: Idinvestment23
Investments 23: Organisation ID - (Value)INDIGO-ORG-1295
Intermediary services 1: Organisation ID - (Value)INDIGO-ORG-0063
Intermediary services 1: Organisation Role Category - (Value)Performance management
Intermediary services 2: Organisation ID - (Value)INDIGO-ORG-0121
Intermediary services 2: Organisation Role Category - (Value)Other
Intermediary services 2: Other Role Description - (Value)Fund 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)315
Outcome Metrics 1: Unit type of targeted Service users or beneficiaries - (Value)Individual
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)322
Results 1: Number engaged In impact bond - (Value)351
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)253
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)176
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)290
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)271
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)251
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)211
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)181
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)292
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)31
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)91
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)3
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)101
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)3
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)63
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)43
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)31
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)12
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)8
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)7
Documents 1: Title - (Value)Fair Chance Fund - final evaluation report
Documents 1: URL - (Value)https://golab.bsg.ox.ac.uk/documents/Fair_Chance_Fund_final_report.pdf
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)2622375
Outcome Payments 1: NotesThis is 100% of the total outcome value claimed

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