The first Pay for Success initiative (aka Social Impact Bond) focused on early childhood education in the U.S. was launched in 2013 in Salt Lake County, Utah. The initiative involves a $7 million investment in private capital to fund the expansion of the early education for at-risk children. The goal is to increase school readiness and […]


The post The nation’s first Pay for Success initiative for early education: An interview with Ben McAdams, Mayor, Salt Lake County – Episode #80 appeared first on Gov Innovator podcast.

The first Pay for Success initiative (aka Social Impact Bond) focused on early childhood education in the U.S. was launched in 2013 in Salt Lake County, Utah. The initiative involves a $7 million investment in private capital to fund the expansion of the early education for at-risk children. The goal is to increase school readiness and academic performance among 3- and 4-year-olds and reduce the number of children who require special education and remedial services.


To learn more, we’re joined by a key player in setting up the initiative, Ben McAdams (@MayorBenMcAdams), the Mayor of Salt Lake County.


Updates since the interview:

NY Times, 10/7/15, For Goldman, Success in Social Impact Bond That Aids Schoolchildren
NY Times, 11/3/15, Success Metrics Questioned in School Program Funded by Goldman
United Way of Salt Lake, 11/5/15, When Solid Data Leads to Action – Kids’ Lives Improve (response to NY Times)

The post The nation’s first Pay for Success initiative for early education: An interview with Ben McAdams, Mayor, Salt Lake County – Episode #80 appeared first on Gov Innovator podcast.

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