Guidance

Illustrating the government's commitment to developing the social investment market

The government sees an important role for supporting the growth of the social economy and attracting private investment to deliver Social Justice.

From:
Department for Work and Pensions
Published
19 June 2013
Last updated
16 July 2013 — See all updates

This publication was withdrawn on

This pilot project ended in 2015. Read the Qualitative evaluation of the DWP Innovation Fund: final report.

Documents

Infographic illustrating the government's commitment to developing the social investment market

PDF, 777 KB, 2 pages

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Factsheet on the Innovation Fund

PDF, 153 KB, 2 pages

Details

One of the events organised to promote Britain’s presidency of the G8 Summit was a G8 Social Impact Investment Forum held on 6 June 2013

Work and Pensions Secretary, Iain Duncan Smith, together with Prime Minister, David Cameron spoke at the forum.

Iain Duncan Smith introduced a panel session about how social investment could promote economic growth and help tackle social problems more cost effectively.

Infographic

This infographic helps to illustrate the government’s commitment to developing the social investment market.

Factsheet on the Innovation Fund

The Innovation Fund was set up in 2012 and is a pilot project aimed at testing social investment. It is set to run until 2015. Under this, a range of investors, many of whom are private, are paid by results through Social Impact Bonds.

Published 19 June 2013
Last updated 16 July 2013 + show all updates

  1. Factsheet on the Innovation Fund added to the page

  2. Document summary updated

  3. First published.