Baltimore, MD (PRWEB) April 22, 2014
Social Solutions Global, Inc., the leading provider of performance management software for human services, is hosting a free, three-part webinar series, “Building a SIB-Ready Sector,” that will examine the evolution, current state, and future of Social Impact Bonds (SIB) and Pay for Success (PFS) initiatives at the federal, state, and local levels.
The webinar series comes at a time when state and local governments across the country are pursuing innovative contracting strategies to tackle deep-rooted societal issues in a cost-effective way.
SIB and PFS initiatives drive significant private investment into efforts to address the causes of costly societal challenges, generating returns by reducing spending on acute services. ‘Building a SIB-Ready Sector’ features speakers from federal agencies, research institutions, SIB/PFS intermediaries, and SIB/PFS contract candidates and recipients who will provide insight on developing and preparing for SIB/PFS contracts and how this innovative approach can transform the human services sector.
Part one of the series, “Getting Connected: How is SIB/PFS being done today?” being held Wednesday, April 23, 1:30 p.m. EST, features invited speakers:
“Social Impact Bonds and Pay for Success initiatives are promising approaches for financing the delivery of social services and it’s important that the sector is ready to access capital on the basis of outcomes. This webinar will help to ensure that human service organizations are informed about the shifts underway in social sector financing and prepared for the new opportunities ahead, ” said Tracey Rutnik, Deputy Director for Research and Policy, Aspen Institute Program on Philanthropy and Social Innovation.
“The 'Building a SIB-Ready Sector' series brings together leading experts on Social Impact Bonds and Pay for Success financing models for an invaluable look at an innovative movement that has the potential to transform the human services sector to one that is more effective, more informed, and more accountable,” said Scott Johnson, CEO of Social Solutions. “We are proud to host this opportunity to take stock of the state of SIB/PFS and expect the series to be an invaluable resource for the sector.”
Part two of the series, “Getting Ready: Mathematica Rapid Cycle Evaluation & Third Sector SIB Readiness Assessment,” will be held on Wednesday, May 8, and part three, “Building a SIB-Ready Sector: What’s Next” with Steve Goldberg and with John Roman of the Urban Institute will be held on Wednesday, May 28.
To learn more about the “Building a SIB-Ready Sector” series and to register, visit http://www.socialsolutions.com/performance-management-webinars.
About Social Solutions: Social Solutions Global, Inc., creators of Efforts-to-Outcomes (ETO®) software, equips over 16,000 high-performing nonprofits, public agencies, donors and evaluators, with web-based data-tracking and outcomes-oriented case management tools to help improve results, simplify reporting requirements, and improve efficiencies in delivering services across agencies and funding streams. Social Solutions’ ETO software is strongly aligned with initiatives modeled on the Social Impact Bond or Pay for Success movement in the United States.
About Aspen Institute: The Aspen Institute is an educational and policy studies organization based in Washington, DC. Its mission is to foster leadership based on enduring values and to provide a nonpartisan venue for dealing with critical issues. The Institute’s Program on Philanthropy and Social Innovation seeks to maximize the impact of social sector actors through convenings, leadership development initiatives, communications, and strategic partnerships. The Institute has campuses in Aspen, Colorado, and on the Wye River on Maryland’s Eastern Shore. It also maintains offices in New York City and has an international network of partners. http://www.aspeninstitute.org/psi