Economic Change CIC has spent some of the summer working with a consortium of organisations in East Sussex to develop a Social Impact Bond Proposal for DWP.
Economic Change successfully secured funding to develop the SIB proposal, facilitate conversations with partners and beneficiaries, develop a proposal showing innovation and a proven track record, and secure backing from an investor ready for the PQQ to be submitted. We are now awaiting the outcome.
During the overall process, it was apparent how important it is to measure your impact as an organisation to ensure you can prove your impact to public sector funders to foster confidence and further investment.
Join our next Measuring Impact Masterclass to ensure you have a framework and process in place to measure your impact.