Social Impact Bonds
(asked on 9th November 2018) - View Source
Question to the Department for Digital, Culture, Media & Sport:
To ask the Secretary of State for Digital, Culture, Media and Sport, how much his Department has spent promoting social impact bonds since 2010.
This question was answered on 14th November 2018
DCMS manages expenditure for the £20m Social Outcomes Fund and the £80m Life Chances Fund to promote the development of social impact bonds. These contribute to the cost of outcomes delivered by social impact bond programmes led by local commissioners or other government departments. £19,440,000 had been spent up to 31st March 2018.