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: How to develop Social Intervention Strategy? Case for Vulnerable Children and Young People |
I'd like to jointly create this type of social venture in my home town: | |||||||
You can create a Social Venture in your home town based on the business model in this page. The Social Entrepreneur Institute will assist you to make a business plan, funding the project and provide a More information on the Social Entrepreneurship Institute |
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Company/Organization: | How to develop Social Intervention Strategy? Case for Vulnerable Children and Young People | ||||||
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Please write about your business concept in five paragraphs with sub-title for each | |||||||
Answer: Briefly describe the usefulness and uniqueness of your social venture | We are looking to develop
SIBs that tackle the
underlying needs of
vulnerable children and
young people. Given that
these individuals often come
from a family environment
in which multiple risk factors
are present, we recognise
that no single intervention
is suitable in all cases. Therefore, SIB funding aims to bring together a suite of interventions that are tailored to address the needs of both the young person and his/her family members, and which reflect the local circumstances in which the programme operates. |
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1: | identify theunderlying needs of thetarget group | ||||||
1: Issues to be addressed by this social venture (or case) | A first step is to identify the
underlying needs of the
target group, which the selected interventions will
tackle. Once the profile of needs is understood an
intervention programme can be developed. To do this,
there needs to be a review of both national and local
service providers to identify where complementary
interventions could best meet the needs of the
target population and achieve the desired outcome. The SIB funding structure encourages all service providers to work collaboratively towards achieving the target outcome. | ||||||
2: | establish the impact the programme | ||||||
2: What is the unique idea to solve the issues? | To determine the feasibility of the intervention
programme for SIB funding it is necessary to
establish the impact the programme is likely to have
on the target outcome. This is dependent on two considerations: |
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3: | The degree to which interventions are wellunderstood and can be evidenced. | ||||||
3: Revenue Model & Organization | Illustration of intervention development:
Social Finance is undertaking a review of
the interventions relevant to the defined
target group. This involves investigating qualitative and quantitative evaluations, interviewing service provider staff members and analysing how these interventions meet the needs of the target group and improve their outcomes. |
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4: | If there were little existing support | ||||||
4: Targeted Benefit & Outcome | Whether there is a gap or scarcity of service
provision to the target population such that
SIB investment is likely to lead to a significant
change in the target outcome. Illustration of intervention development: If there were little existing support for families of young people who are at risk of entering or who have entered the care system then investment in this area is likely to yield higher social returns and consequently financial returns to investors. |
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5: Strengths and Risks of the business model | |||||||
The Project Owner: Explain your experience and skills within 150 words. | |||||||
Business_Partners: Describe what types of business partners are you seeking | |||||||
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Position6 (Outside Experts): |
Business Partners can jointly develop a business plan | |||||||
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