Social Impact Partnerships – How feasible are they?

Social Impact Partnerships, is the process of raising private investments to fund prevention and early intervention programs that reduce the necessity of expensive crisis responses. You can find out more here. Thus (to a certain extent) mobilizing the private sector to reduce expenditure on public good provision. For example, a Social Impact Partnership may seek to reduce structural unemployment by 10% with a certain geographical location over a 5 year period. If the program is successful, the government will reimburse the partnership with funds, and may also engage them with further social programs. Continue reading