Sweet Dreams SIB
SIB Details
Location | Canada, Saskatchewan |
Commencement date | 12 May 2014 |
Savings area | Out-of-home-care, education, employment |
Bond Amount | C$1m |
Bond terms (years) | 5 years |
Intervention Program
Program description | Safe accomodation and support that allows at risk young single mothers to continue with their education or participate in work-preparation activities. |
Treatment duration | 2 months – 2 years depending on need |
Target population | Single mothers with children under the age of 8 who are at risk of requiring services from Child and Family Services. |
Intervention cohort | 11 adults and 11-15 children at any one time. |
Outcome Measurement
Metric | Number of families leaving the supported accommodation and staying together for more than 6 months without entering into care. |
Counterfactual | Fixed – nil |
Outcome Calculation and Target | By 2019, aim to have 22 children and their mothers leave the home and stay together as family units for at least six months. |
Contracting parties
Government Agency | Government of Saskatchewan. Multi ministry – Health, Education and Social Services |
Service Provider | EGADZ |
Intermediary | EGADZ |
Evaluator | Unknown |
Investor details
Investors | Conexus Credit Union and Mah Family |
Returns | Investors will receive a portion of their investment back if 17 to 21 children are kept out of foster care, plus 5% interest.They will lose their capital if fewer than 17 children stay with their mothers. |
Capital protection | Nil |
Case study
Comments | Supplemented by grants/donations of C$535k. |
Download the Sweet Dreams SIB case study (PDF, 187KB)