GovWire

This data release presents interim findings from the primary evaluation of the Life Chances Fund (LCF). Specifically, the report provides analysis of two waves of a longitudinal survey of LCF providers, commissioners, investors and intermediaries. The survey analysis explores four aspects of the LCFs development and delivery, namely: project development; implementation and delivery; trust and collaboration; and performance management.

The Department for Culture, Media and Sport (DCMS) are working in partnership with the Government Outcomes Lab (GO Lab) to undertake an evaluation of the LCF. The LCF was launched in 2016 to tackle entrenched social issues across England through locally-led social impact bonds (SIBs) - also known as social outcomes partnerships (SOPs). The LCF contributes to SIB projects through payments-by-results contracts. These contracts involve social investors and are locally commissioned.