Process Evaluation for the Life Chances Fund - GOV.UK
Process Evaluation for the Life Chances Fund - GOV.UK"
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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.
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