Social impact bond development for improved public service delivery

Programme 2014 - 2020 URBACT III

Date of latest update: 2025-01-21

Description

Description (EN):

The goal of this Action Planning Network is to explore how social impact bonds can be used to improve public service delivery in areas such as employment, ageing, and immigration. Often, the delivery of services is hindered by fragmented and siloed agencies and budgets, financial and political short-termism, and an aversion to risk and difficulty creating change. The social impact bond is a promising model that ameliorates these issues by increasing collaboration, prevention, and innovation.

Achievements (EN):

‘Are Social Impact Bonds (SIBs) going to be the new secret tool for providing adequate public services?’ - asked eight European cities in May 2020. Then they set out together on a journey to explore how SIBs can contribute to more efficient public services. Their joint trip promised to be rough from the start, which became even so due to Covid-19. The pandemic meant that the faceto-face meetings, which provided the basis for knowledge transfer and experience sharing, could only occur somewhere far in the unknown future. But the difficulties also brought new opportunities: the masterclasses enabled experts with extensive practical experience to join the cities in their collaborative work through online meetings. As a result, Aarhus (Denmark), Baia Mare (Romania), Fundão (Portugal), Heerlen (the Netherlands), Kecskemét (Hungary), Pordenone (Italy), Võru (Estonia) and Zaragoza (Spain) now have a solid knowledge base in the field of social impact bonds. Due to the lack of experience with SIBs, acquiring knowledge on social impact bonds was paramount. Therefore, it seemed appropriate to focus on an intensive learning process at the beginning of the project. In this respect, masterclasses based on the methodology developed in the AlpSib project (AlpSib, 2019) funded by the Interreg Alpine Space Programme assisted cities in this process. The first masterclass aimed to provide cities with a general theoretical understanding of SIBs, helping them absorb and understand subsequent presentations and providing deeper insight into the topic. This initial session also helped cities define the focus of their integrated action plans. The introductory lecture was followed by case studies of social impact bonds in five countries and six different areas and a pioneering Portuguese initiative providing funding for the development of several impact bonds. The purpose of the second masterclass was to introduce participants to the theory and practice of outcome measurement. It focused on the concept of impact measurement and its application in practice, combining lectures, workshops and the illustration of a case study. The third masterclass focused on SIBs as instruments of social change and innovation. As SIB commissioners or outcome payers, cities learnt how to engage, select, and manage provider organisations that deliver social interventions and game-changing solutions to social problems. They also learnt how to identify and stratify the target groups of such innovations according to varying levels of risk. The purpose of the fourth masterclass was to analyse SIBs as an impact investment tool, focusing on the financial aspects and the perspective of the investor as a SIB contracting party. During the fifth masterclass, cities analysed SIBs as an opportunity for innovation in public procurement. They explored advantages, barriers and challenges experienced by a public commissioner or outcome payer in undertaking the solutions explored.

Website: http://www.urbact.eu

Thematic information

Urban development Demographic change and immigration

Specific Objective: To improve the capacity of cities to manage sustainable urban policies and practices in an integrated and participative way

Thematic Objective:

(11) enhancing institutional capacity of public authorities and stakeholders and efficient public administration through actions to strengthen the institutional capacity and the efficiency of public administrations and public services related to the implementation of the ERDF, and in support of actions under the ESF to strengthen the institutional capacity and the efficiency of public administration.

Investment Priority:

(11 ETC) ETC specific for interregional cooperation: enhancing institutional capacity of public authorities and stakeholders and efficient public administration by enhancing institutional capacity of public authorities and stakeholders and efficient public administration by disseminating good practices and expertise and capitalising on the results of the exchange of experience in relation to sustainable urban development, including urban-rural linkages pursuant to point (3)(b) of Article 2 (exchange of experience concerning the identification, transfer and dissemination of good practices in relation to sustainable urban development, including urban-rural linkages)

Partners (10)

Lead Partner: Heerlen

Address: Geleenstraat 27, 6400 AA Heerlen, Netherlands

Legal status: public

Total budget: EUR 209 707.64

ERDF budget: EUR 146 795.35

Võru

Name: Võru

Address: Jüri 12, 66605 Võru, Estonia

Legal status: public

Total budget: EUR 58 073.65

ERDF budget: EUR 49 362.61

Comune di Pordenone

Name: Comune di Pordenone

Address: Corso Vittorio Emanuele II 64, 33170 Pordenone, Italy

Legal status: public

Total budget: EUR 84 337.09

ERDF budget: EUR 59 035.96

Kecskemét

Name: Kecskemét

Address: 6000 Kecskemét, H-6000 Kecskemét, Hungary

Legal status: public

Total budget: EUR 63 685.90

ERDF budget: EUR 54 133.02

Haidari

Name: Haidari

Address: Str, Karaiskaki 138 & Epavleos, 12461 Haidari, Greece

Legal status: public

Total budget: EUR 9 145.48

ERDF budget: EUR 6 401.84

Zaragoza

Name: Zaragoza

Address: Ayuntamiento de Zaragoza, 50071 Zaragoza, Spain

Legal status: public

Total budget: EUR 84 843.76

ERDF budget: EUR 59 390.63

Aarhus Kommune

Name: Aarhus Kommune

Address: Hack Kampmanns Plads 2, 2,2, 8000 Aarhus, Denmark

Legal status: public

Total budget: EUR 98 243.46

ERDF budget: EUR 68 770.42

Radlin

Name: Radlin

Address: Józefa Rymera 15, 44-310 Radlin, Poland

Legal status: public

Total budget: EUR 8 636.66

ERDF budget: EUR 7 341.16

Fundão

Name: Fundão

Address: Praça do Municipio, 6230-338 Fundão, Portugal

Legal status: public

Total budget: EUR 75 395.08

ERDF budget: EUR 64 085.82

Municipiul Baia Mare

Name: Municipiul Baia Mare

Address: 37 Gh, Sincai Street, 430311 Baia Mare, Romania

Legal status: public

Total budget: EUR 57 491.00

ERDF budget: EUR 48 867.35

Partners map

Partners and Projects info

Võru

Social impact bond development for improved public service delivery

Partners and Projects info

Municipality of Pordenone

Social impact bond development for improved public service delivery

Partners and Projects info

Kecskemét

Social impact bond development for improved public service delivery

Partners and Projects info

Haidari

Social impact bond development for improved public service delivery

Partners and Projects info

Zaragoza

Social impact bond development for improved public service delivery

Partners and Projects info

City of Aarhus

Social impact bond development for improved public service delivery

Partners and Projects info

Radlin

Social impact bond development for improved public service delivery

Partners and Projects info

Fundão

Social impact bond development for improved public service delivery

Partners and Projects info

Baia Mare Municipality

Social impact bond development for improved public service delivery

Partners and Projects info

Heerlen

Social impact bond development for improved public service delivery

Lead partner

Project partner

Summary

Project name (EN): Social impact bond development for improved public service delivery

Project acronym: SIBdev

Project start date: 2019-09-02

Project end date: 2022-05-13

Project status: closed

Total budget/expenditure: EUR 749 559.72

Total EU funding (amount): EUR 564 184.16

Co-financing sources:

ERDF: Amount, EUR 564 184.16.

Documents

Documents on this project are listed below, and organised by category. Please note field "Data source", attached to each document. Keep.eu users are free to use these documents as long as they mention the data source and keep.eu.

Videos / films

SIBdev URBACT project video – extended version

Attachment type: link

Type of document: Video / film

Data source: http://www.urbact.eu

Publication date: 2022-11-17

Document date: 2022-09-04

Languages: en

Discovering Budapest on bicycle

Attachment type: link

Type of document: Video / film

Data source: http://www.urbact.eu

Publication date: 2022-11-17

Document date: 2022-09-04

Languages: en

Kecskemét, learning about generations and singing with pálinka

Attachment type: link

Type of document: Video / film

Data source: http://www.urbact.eu

Publication date: 2022-11-17

Document date: 2022-09-04

Languages: en

Soft skills' training for youth in Baia Mare, Romania

Attachment type: link

Type of document: Video / film

Data source: http://www.urbact.eu

Publication date: 2022-11-17

Document date: 2022-08-31

Languages: en

Intergenerational mentoring in Kecskemét, Hungary

Attachment type: link

Type of document: Video / film

Data source: http://www.urbact.eu

Publication date: 2022-11-17

Document date: 2022-08-31

Languages: en

Smart social services on the way - Voru, Estonia

Attachment type: link

Type of document: Video / film

Data source: http://www.urbact.eu

Publication date: 2022-11-17

Document date: 2022-08-30

Languages: en

Creation for the sake of mental health - Aarhus, Denmark

Attachment type: link

Type of document: Video / film

Data source: http://www.urbact.eu

Publication date: 2022-11-17

Document date: 2022-08-30

Languages: en

Happy in the neighbourhood – Heerlen, The Netherlands

Attachment type: link

Type of document: Video / film

Data source: http://www.urbact.eu

Publication date: 2022-11-17

Document date: 2022-08-30

Languages: nl, en

"We like chatting" - "Nos gusta hablar" in Zaragoza, Spain

Attachment type: link

Type of document: Video / film

Data source: http://www.urbact.eu

Publication date: 2022-11-17

Document date: 2022-08-30

Languages: es, en

SIBdev URBACT project video

Attachment type: link

Type of document: Video / film

Data source: http://www.urbact.eu

Publication date: 2022-11-17

Document date: 2022-08-25

Languages: en

Physical and cognitive training with PlayMemoMove - Fundao, Portugal

Attachment type: link

Type of document: Video / film

Data source: http://www.urbact.eu

Publication date: 2022-11-17

Document date: 2022-08-22

Languages: pt, en

House of activities in Vallenoncello - Pordenone, Italy

Attachment type: link

Type of document: Video / film

Data source: http://www.urbact.eu

Publication date: 2022-11-17

Document date: 2022-08-22

Languages: it, en

Information regarding the data in keep.eu on the programme financing this project

Financing programme

2014 - 2020 URBACT III

Last month that data in keep.eu was retrieved from the Programme's website or received from the Programme

2023-03-28

No. of projects in keep.eu / Total no. of projects (% of projects in keep.eu)

88 / 88 (100%)

No. of project partnerships in keep.eu / Total no. of project partnerships (% of project partnerships in keep.eu)

716 / 716 (100%)

Notes on the data

Information provided by the Programme. Achievements were retrieved by Interact from the Programme website (http://www.urbact.eu), or a website directly linked from it, on 2021-12-13, 2023-01-03 and 2024-02-01.

Languages

Contact Form

Social impact bond development for improved public service delivery

Description

Thematic information

Partners (10)

Partners map

Summary

Documents

Information regarding the data in keep.eu on the programme financing this project

Disclaimer