Families, friends and relationships can be affected by a wide range of issues including domestic violence, abuse, isolation, mental illness, caring responsibilities and family breakdown. Poverty is the root cause of many issues within families and relationships as it can lead to increased financial and emotional pressure.
Our investments are providing high quality support for families, friends and relationships. For example, the Essex Social Impact Bond is supporting children on the edge of care by delivering multi-systemic therapy which is an intervention that focuses on improving parenting and rebuilding positive family relationships. Social investment is also helping to improve the provision of early years support. For example, social investment has enabled the London Early Years Foundation to develop a cross-subsidy business model where profitable nurseries in affluent areas subsidise community nurseries in deprived parts of London..
There are opportunities for social investment to scale up models of early years support or replicate successful Social Impact Bonds when further impact evidence is available. There could also be opportunities to develop new Social Impact Bonds to provide early intervention for families with multiple and complex needs.