Cool2Care - Invest in Families, Transform Disabled Childrens Lives (360G-tnlcomfund-0030118718)

£59,356
Recipient Organization

Cool2Care will use a grant of £125,000 to set up a social impact bond pilot. Since 2007 the organisation has matched personal assistants with families of disabled children. The pilot will develop the matching service, working with 60 children in Gloucestershire, Cambridgeshire and Surrey. Cool2Care is forecasting the bond will generate a return for investors over three years. The pilot will test a new financial model with commissioners and investors, for future use by local authorities.

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Grant Details

Amount Applied For 125000
Amount Awarded 59356
Award Date 2012-06-13T00:00:00+00:00
Grant Programme: Code SIE1
Grant Programme: Title Next Steps
Last Modified 2016-05-11T15:35:00Z
Planned Dates: Duration (months) 24
Planned Dates: Start Date 2012-09-11T00:00:00+00:00
Recipient Org: Company Number 6357886
Recipient Org: Location: Geographic Code E05007412
Recipient Org: Location: Geographic Code E07000216
Recipient Org: Location: Name Blackheath and Wonersh
Recipient Org: Location: Name Waverley
Recipient Org: Organisation Type Company/Mutual Society : CIC - Limited by Guarantee