In 2010, HCT raised a pioneering £4m round of social investment from a group of investors led by Bridges Ventures After surpassing all its growth and impact targets, HCT has now been able to provide a successful exit for its original social investors Its success illustrates the potential for social enterprises that access the right […]
Read moreThe Municipal Journal, a leading UK publication for local and national government officials, published an article written by Andrew Levitt, investment director with the Bridges Social Sector Funds. In this opinion piece, Andrew argues that local government commissioners should consider using outcomes-based contracts financed by social impact bonds as a way to deliver local services more […]
Read moreSince 2012, Career Connect’s SIB-funded programme has delivered thousands of improved outcomes for vulnerable young people, potentially saving the Government millions of pounds in future welfare payments Bridges, which invested in the SIB, has made a short film celebrating Career Connect’s story Career Connect and Teens & Toddlers (another Bridges-backed SIB) have both now repaid […]
Read morePioneers Post discusses the success of three early UK social impact bonds that have paid investors in full and ahead of schedule. Two of the three, Career Connect and Teens & Toddlers, were backed by Bridges – and earlier this year, the providers involved in both were recommissioned to deliver a second SIB-funded programme. Read the […]
Read moreHCT Group’s ‘Independent Travel Training’ scheme will help children with special educational needs (SEN) travel to school on public transport Acquiring this greater level of independence has a huge and lasting impact on the children’s quality of life It can also mitigate Local Authorities’ spend on providing transport to school for SEN children, which costs […]
Read morePioneers Post has written about our latest social impact bond, developed in partnership with Lambeth Council and HCT Group. The SIB will support HCT to provide specialist travel training to children with special education needs and disabilities (SEND). The programme has a proven track record of helping young people with SEND travel to school and work […]
Read more