Outcomes Rate Card Development Competition
Social Finance is seeking government and/or nonprofit applicants nationwide for free technical assistance to develop outcomes rate cards, a standardized PFS contracting approach to serve large constituencies by defining outcomes (e.g. getting a job, maintaining employment, boosting earnings) and paying providers as they achieve those outcomes. In this competition, Social Finance will select up to three Service Recipients to receive technical assistance in order to develop an outcomes rate card, procure service providers to deliver on target outcomes, and launch PFS projects with procured providers.
Applications must be submitted by April 18, 2017. Learn more here.
Pay for Success in Career and Technical Education - Technical Assistance Competition
Funded by the U.S. Department of Education, Social Finance and Jobs for the Future (JFF) are hosting the first Pay for Success competition in K-12 education to provide technical support to develop and expand career and technical education (CTE) programs for underserved, high-need youth. The resulting projects will create and scale effective programs and connect students to educational opportunities that increase their economic mobility.
Social Finance and JFF will select four applicants and explore how Pay for Success would allow them to implement or expand a CTE program. The partner organizations will then work with select applicants to develop and launch Pay for Success projects in their communities.
Applications must be submitted by March 17, 2017. For more information, visit http://www.jff.org/payforsuccess.
Social Innovation Fund Transaction Structuring Program
The University of Utah’s Sorenson Impact and Social Finance, Inc. (the Eligible Partnership) are proud recipients of a grant from the Social Innovation Fund of the Corporation for National and Community Service to structure and enable Pay for Success (PFS) projects within governments and nonprofit organizations that have previously deemed their project feasible and suitable for PFS.
The purpose of this request for proposals is to select up to five local, state, tribal, territorial governments and/or nonprofits in the target geography to participate in the Eligible Partnership’s transaction structuring program. The Eligible Partnership will support the activities of selected Service Recipients to structure and enable PFS projects.
Applications will be accepted on a rolling basis. For more information, visit http://sorensonimpact.com/sif-structuring-program.