Process evaluation for the life chances fund

Research and analysis PROCESS EVALUATION FOR THE LIFE CHANCES FUND This report presents the findings of a process evaluation of the Department for Digital, Culture, Media and Sport (DCMS)’s

Life Chances Fund Get emails about this page APPLIES TO ENGLAND DOCUMENTS LIFE CHANCES FUND PROCESS EVALUATION (ACCESSIBLE) PDF, 1.24 MB, 94 pages DETAILS The report presents an analysis of

progress to date, applicants’ experiences, early implementation, governance and performance management, the impact of Covid-19 on social impact bond (SIB) project delivery and learning for

future programmes. The Department for Digital, Culture, Media and Sport (DCMS) commissioned ICF Consulting to undertake an evaluation of the Life Chances Fund (LCF). LCF was launched as an

outcomes fund with up to £80 million, which aims to tackle complex social problems by helping people in society who face the most significant barriers to leading happy and productive lives

in England. The LCF contributes to projects through payments by results contracts. These contracts involve social investors and are locally commissioned. This process evaluation report

details findings based on administrative project-level data, qualitative interviews with a variety of relevant stakeholders, and case studies with eight projects including interviews with

investment fund managers, commissioners, providers and intermediaries where applicable. The aims of the interim evaluation report is to examine: * what worked well and less well in the

implementation of the LCF, identifying enablers and barriers, and why some SIBs did not proceed in launching * whether the LCF is on track to achieve its aims and objectives, such as whether

it has become quicker or easier to set-up a SIB, what types of innovation are being funded, whether it has increased the amount of capital available to voluntary, community and social

enterprise organisations and what has been the impact of the LCF on the SIB market UPDATES TO THIS PAGE Published 27 May 2021 SIGN UP FOR EMAILS OR PRINT THIS PAGE Get emails about this page

Print this page