What the buyer wrote
On 30 April 2014 a package of measures to help address youth unemployment and homelessness were announced. These included a new Youth Engagement Fund of over £16m over three years to tackle the attainment gap and reduce the number of young people who become NEET (not in education, employment or training) using social impact bonds (SIBs). The new Youth Engagement Fund will build on the existing DWP Innovation Fund to bring together evidence of effective practice alongside external social investment to fund innovative preventative interventions that will improve outcomes for young people. The Fund will test the extent to which a payment by results approach involving social investors can driv…
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Awarded to
Details
- What the buyer calls it
- Youth Engagement Fund
- How they are buying
- Advertised, shortlist firstSuppliers applied to be considered, and the buyer picked who went on to bid.
- Type
- services
- Suitable for small firms
- The buyer says yes. What that is worth
- Work starts
- 29 Mar 2015
- Work ends
- 29 Mar 2018
- Kind of work
- Training and education services
Who the buyer named
Short Messaging Services (SMS) was the named contact on this notice.