cases

1 min

Children SIB

The key facts on the social imapct bond focusing on the welfare of children and young people (Lapset-SIB).

Published

July 2, 2019

Objective

Promoting the welfare of children, young people and families with children

Commissioners

Five municipalities: Helsinki, Hämeenlinna, Kemiönsaari, Lohja and Vantaa

More specific objective, target group and performance indicators

Vary by municipality

Project administrator

FIM Vaikuttavuussijoitukset Oy (formerly Epiqus Oy) in cooperation with the Central Union for Child Welfare

Service providers

Several different service providers, mainly organisations

Dates of implementation

The SIB was launched in 2019
The implementation time varies by municipality. For example, 12 years in Hämeenlinna and six years in Vantaa

Sijoittajat

City of Espoo, Tradeka

Other information

The planning of the Children SIB II project was launched in spring 2019

(updated 7/2019)

Contact us

Taru Keltanen

Specialist, Communications and Public Affairs, Sitra

+358 (294) 618 221

taru.keltanen@sitra.fi

Projects

SIB fonds

Social Impact Bonds encourage targeted investments in well-being. Agreements are drafted so that all parties – the public sector, investors and service providers – benefit.

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What's this about?

SIB fonds

Social Impact Bonds encourage targeted investments in well-being. Agreements are drafted so that all parties – the public sector, investors and service providers – benefit.

Impact investing

Impact investing helps promote well-being effectively and in a resource-wise way. It is a means of channelling private equity to projects whose aim is to achieve positive, measurable social benefit.

New working life and a sustainable economy

Sitra’s New working life and sustainable economy theme analyses new phenomena in the world of work and the economy as well as offers solutions for coping with their effects. We help individuals, companies and other organisations prepare for changes in working life and we also want to provide them with tools for this purpose.