Ontario is moving forward with it's Social Impact Bonds (SIBs). The RAFT was one of four organizations selected to run a pilot project based on their SIB idea. The RAFT's proposed idea is to target over 900 at-risk young people, primarily in under-served rural areas surrounding Haldimand-Norfolk County, Niagara Region and Hamilton, to increase high school graduation rates and improve employment and social outcomes. A report was issued November 12, 2015 outlining the current status of the SIBs.
To view this report, please visit: https://www.ontario.ca/page/piloting-social-impact-bonds-ontario-development-path-and-lessons-learned?_ga=1.27849276.185304496.1447714426
For the News Release regarding the update, please visit: http://news.ontario.ca/medt/en/2015/11/ontario-moving-forward-with-social-impact-bonds.html?utm_source=digest&utm_medium=email&utm_campaign=p