CABINET OFFICE | Life Chances Fund open for Applications

The Cabinet Office has launched an £80 million Life Chances Fund to support Social Impact Bonds (SIB) to help transform people’s lives.

We are delighted to announce that the Life Chances Fund is now open for Expressions of interest (EOIs) for Social Impact Bonds for all six themes including two new themes: Older People’s services and Healthy Lives.

The Life Chances Fund (LCF) was launched in July 2016 with the objective of helping those people in society who face the most significant barriers to leading happy and productive lives. The fund contributes to outcome payments for Social Impact Bonds.

As a reminder here are the six policy areas for proposals:

* Drug and Alcohol

* Children’s Services

* Young People

* Early Years

* Older People

* Healthy Lives

There is an opportunity to ask your questions live via the LCF Webinar on Wednesday 5th July, 11am to 12pm. The Centre for Social Impact Bonds will be holding a webinar session to walk you through the LCF timeline and application process.

ONLINE: Please join the webinar from your computer, tablet or smartphone at https://global.gotomeeting.com/join/517588837

PHONE: You can also dial in using your phone United Kingdom: +44 330 221 0097

VIEW: You can view the webinar slides here

EXPRESSIONS OF INTEREST must be submitted by 15th September 2017, 12 noon, via the LCF website where you can find more information and guidance on the policy areas. 

If you have any questions about LCF, please contact the team at lifechancesfund@biglotteryfund.org.uk

If you want to find out more about commissioning for outcomes, check out the website of the Government Outcomes Lab, which has published How-To Guides on procurement and feasibility.