Social Finance

Speaking to the BBC in response to Lord Darzi's report into the NHS, the Health and Social Care Secretary Rt. Hon. Wes Streeting MP Streeting noted the links between delays in treatment for physical illness on mental health, and pointed to pioneering schemes that support those with severe mental illness into paid employment. One such pioneering scheme is IPS Grow - a national programme developed by Social Finance, in 2019, to support the expansion of Individual Placement and Support (IPS) services in mental health, primary care and drug and alcohol teams across England. We're delighted to announce that we've secured a new contract with NHS England that will allow us to continue this work for another five years. With NHS England’s investment, we aim to expand access to IPS services, supporting an additional 140,000 people by 2028/29. Together, we will help more people secure high-quality employment that reflects their skills and aspirations—driving recovery and improving mental health outcomes. A bold vision for the future: 📈Doubling the number of Employment Specialists by 2028/29 🔧Launching a new qualification and apprenticeship framework 📊Investing in enhanced data tools to drive performance and impact Learn more about our vision and upcoming initiatives at the link below. Also, stay tuned for our webinar in October, where we’ll outline how we can work together to create a brighter, more inclusive future. #IPS #IndividualPlacementSupport #MentalHealth #IPSGrow #EmploymentSupport #NHSEngland #IPSModel

Social Finance is proud to have contributed to Pro Bono Economics' recent report, Charting a Happier Course for England’s Children. As part of our Early Inclusion Collective, we share the belief that universal well-being measurement is crucial for advancing systems that support children earlier on and ensuring that all children are seen and safe. More deficit-focused metrics have long overshadowed well-being, but it is time for a shift. By embracing a comprehensive approach to measuring well-being, we can ensure that systems are proactive in providing support and creating conditions that prevent support from being required. We are committed to continuing our partnership with Pro Bono Economics and others to drive this vital work forward. #ChildrensWellbeing #YouthMentalHealth #WellbeingMeasurement #Education

As Rt. Hon. Wes Streeting MP rightly notes, the problems outlined in Lord Darzi's report on the NHS in England represent a “vicious cycle”. At Social Finance, we believe that social investment is a key tool to pump-prime the needed systemic change. In Streeting's words, “the solution does not lie in hospitals”. Instead, we need a systemic ‘rebalancing’, where we move away from treatment in hospital to the community and from sickness to prevention. However, this type of reform is difficult: seeing the benefits from shifting investment from acute care to well-coordinated preventative services takes time to realise against the backdrop of annual NHS budget cycles. Meanwhile, demand increases for hospitals, which may now be less resourced. This is where social investment can help. Social investment is where a sympathetic investor funds the development of services and is repaid only once agreed outcomes are achieved. Social Finance has been developing innovative end-of-life care services across the UK with Macmillan Cancer Support as a social investor. We have seen that where patients are supported to die at home with the care they need, both the person and the system see beneficial outcomes. For the person, they can spend more of their precious last days of life at home rather than unnecessarily in hospital. At the same time the number of unplanned hospital admissions and ambulance journeys are radically reduced. Amanda Pritchard, Chief Executive of NHS England, says that if the third of all bed days that are accounted for by those in their last year of life could be shifted “by just 10%... nationally we’d deliver the same effect as building three large new hospitals.” Our work is shifting spending, reducing bed days by significantly over 10%, and providing a better experience. Of course, we're open to extending this approach to other areas and places. If you'd like to find more please read the recent blog by our Director of Health and Social Care, Katy Saunders (in comment) or get in touch with Angus.Kerr@socialfinance.org.uk or katy.nex@socialfinance.org.uk - or even better, do both. #LordDarziReport #NHS #EndofLifeCare #SocialInvestment Katy Saunders Katy Nex Angus Kerr

Opportunity alert! 💫   The Global Disability Innovation Hub is searching for a General Partner to support the Accessible & Assistive Technology Growth Fund (AT Growth Fund), an initiative which has been co-designed with Social Finance International and Investing for Good CIC. We have been working with GDI Hub to design the AT Growth Fund, a catalytic impact fund, which will invest in accessible and assistive technology ventures across LMICs. We are now supporting GDI Hub in their search for an experienced General Partner to lead the AT Growth Fund. This is an outstanding opportunity for a GP with a proven track record in impact-driven investment to lead a fund that aims to improve millions of lives through innovative and life-changing technology. We encourage qualified candidates to review the RfP and share this opportunity with their networks. #ImpactInvesting #AssistiveTechnology #CatalyticImpact #InclusiveGrowth #GPOpportunity #GeneralPartner #SocialImpact

Our Co-founder, Toby Eccles gives a fascinating insight into how the world's first Social Impact Bond (SIB) at HMP Peterborough came into being in his blog "The tale of the scruffy rabbit". Toby was inspired to write this account after being asked to contribute to the Government Outcomes Lab, University of Oxford's new report "The Evolution of Social Outcomes Partnerships in the UK". While the report covers lessons learned over 15 years of Social Impact Bonds (now also known as Social Outcomes Partnerships), Toby's blog post dives deeper into the origin story of the world's first SIB launched by Social Finance in 2010. In it, he discusses the contributions of key individuals who made it possible and recalls the many nail-biting moments he experienced—including reviewing the final contract at one in the morning before it could be signed later that day! Louise Savell Janette (Jet) Powell Sir Ronald Cohen Arthur Wood David Robinson Peter Wheeler Emily Bolton MBE Jonathan Slater Allen & Overy Danyal Sattar Andreea Anastasiu Eleanor Carter Mara Airoldi #SocialImpactBonds #SIBS #SOCs #SocialOutcomesPartnerships #Socialinvestment #impactinvestment

We are hiring! Check our website for more details. #hiring #IPSGrow #IPS

Our Director, Louise Savell will be presenting at the Social Outcomes Conference on Friday at 1.30pm BST. You can join online (free) or in-person by signing up here: https://lnkd.in/ekaYrJfx. Follow Social Finance International on LinkedIn to stay up to date with insights from our work in low- and middle-income countries. #SOC24 #SocialImpact

We're #hiring a new Data Analyst in London, England. Apply today or share this post with your network.

Our Associate, Tanyah Hameed, will speak at the Social Outcomes Conference tomorrow, sharing lessons from our work on refugee support in England. Through the Refugee Transitions Outcomes Fund (RTOF), Social Finance helped design and pilot an outcomes fund to structure this support and proactively facilitated 'live learning' for partners through our role as a learning partner. Join her and other brilliant fellow panellists from NSW Treasury, The University of Sheffield, The Education Outcomes Fund at 2 PM British Summer Time to hear more examples of designing and implementing outcomes-based services for marginalised communities. You can join online (free) or in-person by signing up here: https://lnkd.in/ekaYrJfx. Government Outcomes Lab, University of Oxford #SOC24 #SocialImpact

Have you submitted your application for our Adult Social Care Data Analysis Apprenticeship yet? 📁 It's a Level 4 Data Analysis Apprenticeship designed for local authority adult social care analysts and fully funded by the Apprenticeship Levy. We're holding our final briefing session a week today, at 10am on Tuesday 10th September, where we'll cover the course overview, time commitments, eligibility and how to apply. 🔉 Visit our website (https://lnkd.in/eFZ_EM86) or email us at asc.apprenticeship@socialfinance.org.uk to sign up. #dataanalysis #apprenticeship #adultsocialcare #localgovt