Project
| ID | INDIGO-POJ-0203 |
|---|---|
| Impact Bond Name - (Value) | Finland Children’s Welfare SIB |
| Alternative Names - (Value) | Lapset - SIB |
| Stage of Development - (Value) | Implementation |
| Stage of Development - (Source ID's) | source1, source9 |
| Social Investment Prototype - (Value) | NO |
| Dates - Date outcomes contract signed - (Value) | 2018-10 |
| Dates - Start date of service provision - (Value) | 2019-01 |
| Dates - Anticipated end date of service provision - (Value) | 2030-12 |
| Dates - (Source ID's) | source1, source9 |
| Dates - (Notes) | Anticipated end date of service provision varies between municipalities. |
| Overall project finance - Total investment commitment - Currency - (Value) | EUR |
| Overall project finance - Total investment commitment - Amount - Exact - (Value) | 5000000 |
| Overall project finance - Total investment commitment - Amount USD - Exact - (Value) | 5731000 |
| Overall project finance - Maximum potential outcome payment - Currency - (Value) | EUR |
| Overall project finance - Maximum potential outcome payment - Amount - (Value) | 10000000 |
| Overall project finance - (Source ID's) | source2, source9 |
| Overall project finance - (Notes) | Outcome Payments vary between municipalities. Considering all the outcome payers, the maximum potential outcome payment ranges between EUR 10 and 12 million. |
| Purpose and classifications - Policy sector - (Value) | Child and family welfare |
| Purpose and classifications - (Source ID's) | source1, source9 |
| Service and beneficiaries - Target population - (Value) | Children (the youth) and their families in need of welfare support. |
| Service and beneficiaries - Targeted number of unique service users or beneficiaries (total) - (Value) | 400 |
| Service and beneficiaries - Unit type of targeted service users or beneficiaries - (Value) | Individual |
| Service and beneficiaries - (Source ID's) | source1, source9 |
| Service and beneficiaries - (Notes) | Specific target group varies by municipality. Also target number of engaged service users varies by municipality between 50 and 200 people. The Municipality of Helsinki has at least 200 service users. |
| Notes - (Value) | Outcome metrics and pricing vary by municipalities. |
| Delivery Locations 1: Location - Name - (Value) | Helsinki |
| Delivery Locations 1: Location - Country - (Value) | FI |
| Delivery Locations 1: Lat/Lng - Lat - (Value) | 60.192059 |
| Delivery Locations 1: Lat/Lng - Lng - (Value) | 24.945831 |
| Delivery Locations 2: Location - Name - (Value) | Hämeenlinna |
| Delivery Locations 2: Location - Country - (Value) | FI |
| Delivery Locations 2: Lat/Lng - Lat - (Value) | 60.99596 |
| Delivery Locations 2: Lat/Lng - Lng - (Value) | 24.46434 |
| Delivery Locations 3: Location - Name - (Value) | Kemiönsaari |
| Delivery Locations 3: Location - Country - (Value) | FI |
| Delivery Locations 3: Lat/Lng - Lat - (Value) | 60.01583 |
| Delivery Locations 3: Lat/Lng - Lng - (Value) | 22.31389 |
| Delivery Locations 4: Location - Name - (Value) | Lohja |
| Delivery Locations 4: Location - Country - (Value) | FI |
| Delivery Locations 4: Lat/Lng - Lat - (Value) | 60.24859 |
| Delivery Locations 4: Lat/Lng - Lng - (Value) | 24.06534 |
| Delivery Locations 5: Location - Name - (Value) | Vantaa |
| Delivery Locations 5: Location - Country - (Value) | FI |
| Delivery Locations 5: Lat/Lng - Lat - (Value) | 60.2941 |
| Delivery Locations 5: Lat/Lng - Lng - (Value) | 25.041 |
| Sources 1: Id | source1 |
| Sources 1: Name - (Value) | Children SIB |
| Sources 1: Type - (Value) | Website |
| Sources 1: Publishing Organisations - (Value) | SITRA |
| Sources 1: URL - (Value) | https://www.sitra.fi/en/cases/children-sib/ |
| Sources 2: Id | source2 |
| Sources 2: Name - (Value) | EUR 5 million for the well-being of children and young people under the leadership of S-Bank and FIM - investors include the S Group, LähiTapiola and Sitra |
| Sources 2: Type - (Value) | Website |
| Sources 2: Publishing Organisations - (Value) | FIM |
| Sources 2: URL - (Value) | https://www.fim.com/fi/tiedotteet/2020/lasten-ja-nuorten-hyvinvointiin-5-miljoonaa-euroa-s-pankin-ja-fimin-johdolla--sijoittajina-muun-muassa-s-ryhma-lahitapiola-ja-sitra/ |
| Sources 3: Id | source3 |
| Sources 3: Name - (Value) | CHILDREN SIB |
| Sources 3: Type - (Value) | Website |
| Sources 3: Publishing Organisations - (Value) | Central Union for Child Welfare |
| Sources 3: URL - (Value) | https://www.lskl.fi/keskusliitto/organisaatio/lapset-sib/ |
| Sources 4: Id | source4 |
| Sources 4: Name - (Value) | The coordination project will help the municipalities get started |
| Sources 4: Type - (Value) | Website |
| Sources 4: Publishing Organisations - (Value) | Central Union for Child Welfare |
| Sources 4: URL - (Value) | https://www.lskl.fi/keskusliitto/organisaatio/lapset-sib/koordinaatiohanke-auttaa-kuntia-alkuun/ |
| Sources 5: Id | source5 |
| Sources 5: Name - (Value) | Children SIB Vantaa |
| Sources 5: Type - (Value) | Website |
| Sources 5: Publishing Organisations - (Value) | City of Vantaa |
| Sources 5: URL - (Value) | https://www.vantaa.fi/terveys-_ja_sosiaalipalvelut/lapsiperheiden_palvelut/tukea_lapselle_ja_nuorelle/lapset_sib_vantaa |
| Sources 6: Id | source6 |
| Sources 6: Name - (Value) | Children SIB Lohja |
| Sources 6: Type - (Value) | Website |
| Sources 6: Publishing Organisations - (Value) | City of Lohja |
| Sources 6: URL - (Value) | https://www.lohja.fi/lapset-ja-nuoret/lapset-sib/ |
| Sources 7: Id | source7 |
| Sources 7: Name - (Value) | Acquisition of support services for families with children: with the family service - Case Children SIB City of Helsinki |
| Sources 7: Type - (Value) | Website |
| Sources 7: Publishing Organisations - (Value) | Keino |
| Sources 7: URL - (Value) | https://www.hankintakeino.fi/fi/keinokkaat-hankintaesimerkit/lapsiperheen-tukipalvelujen-hankinta-perheen-mukana-palvelu-case |
| Sources 8: Id | source8 |
| Sources 8: Name - (Value) | Children SIB Kemiönsaari |
| Sources 8: Type - (Value) | Website |
| Sources 8: Publishing Organisations - (Value) | Kemiönsaari Municipality |
| Sources 8: URL - (Value) | https://www.kemionsaari.fi/fi/sosiaali-_ja_terveydenhuolto/sosiaalipalvelut/lapset_sib |
| Sources 9: Id | source9 |
| Sources 9: Name - (Value) | Email correspondence with Mika Pyykkö, Centre of Expertise on Impact Investing (Ministry of Economic Affairs and Employment of Finland) on 28/10/2020. |
| Service Provisions 1: Organisation ID - (Value) | INDIGO-ORG-1161 |
| Service Provisions 2: Organisation ID - (Value) | INDIGO-ORG-1162 |
| Outcome Payment Commitments 1: Organisation ID - (Value) | INDIGO-ORG-1163 |
| Outcome Payment Commitments 1: Organisation Role Category - (Value) | Government/Public Sector/Public Bank |
| Outcome Payment Commitments 1: Notes | Outcome Payments vary between municipalities. Considering all the outcome payers, the maximum potential outcome payment ranges between EUR 10 and 12 million. |
| Outcome Payment Commitments 2: Organisation ID - (Value) | INDIGO-ORG-1164 |
| Outcome Payment Commitments 2: Organisation Role Category - (Value) | Government/Public Sector/Public Bank |
| Outcome Payment Commitments 2: Notes | Outcome Payments vary between municipalities. Considering all the outcome payers, the maximum potential outcome payment ranges between EUR 10 and 12 million. |
| Outcome Payment Commitments 3: Organisation ID - (Value) | INDIGO-ORG-1165 |
| Outcome Payment Commitments 3: Organisation Role Category - (Value) | Government/Public Sector/Public Bank |
| Outcome Payment Commitments 3: Notes | Outcome Payments vary between municipalities. Considering all the outcome payers, the maximum potential outcome payment ranges between EUR 10 and 12 million. |
| Outcome Payment Commitments 4: Organisation ID - (Value) | INDIGO-ORG-1166 |
| Outcome Payment Commitments 4: Organisation Role Category - (Value) | Government/Public Sector/Public Bank |
| Outcome Payment Commitments 4: Notes | Outcome Payments vary between municipalities. Considering all the outcome payers, the maximum potential outcome payment ranges between EUR 10 and 12 million. |
| Outcome Payment Commitments 5: Organisation ID - (Value) | INDIGO-ORG-1167 |
| Outcome Payment Commitments 5: Organisation Role Category - (Value) | Government/Public Sector/Public Bank |
| Outcome Payment Commitments 5: Notes | Outcome Payments vary between municipalities. Considering all the outcome payers, the maximum potential outcome payment ranges between EUR 10 and 12 million. |
| Investments 1: Organisation ID - (Value) | INDIGO-ORG-1168 |
| Investments 2: Organisation ID - (Value) | INDIGO-ORG-1169 |
| Investments 3: Organisation ID - (Value) | INDIGO-ORG-0387 |
| Investments 4: Organisation ID - (Value) | INDIGO-ORG-1170 |
| Investments 5: Organisation ID - (Value) | INDIGO-ORG-1171 |
| Investments 6: Organisation ID - (Value) | INDIGO-ORG-1172 |
| Intermediary services 1: Organisation ID - (Value) | INDIGO-ORG-1173 |
| Intermediary services 1: Notes | (Former Epiqus Oy) |
| Intermediary services 2: Organisation ID - (Value) | INDIGO-ORG-1174 |
| Documents 1: Title - (Value) | Report - Children Welfare SIB in Finland |
| Documents 1: URL - (Value) | https://golab.bsg.ox.ac.uk/knowledge-bank/resources/selvitykset-ja-raportit/ |