Social Finance Announces Pay for Success Projects in South Carolina and Connecticut

What is Pay for Success?

Pay for Success, also referred to as Social Impact Bonds, is a public-private partnership that drives government resources toward social programs that deliver proven results to those in need.

This innovative funding model connects high-quality service providers with impact investors, who provide up-front funding for programs, and government, who agrees to repay that investment if, and only if, the program achieves predetermined goals of improving lives.