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General overview

Stage of development: Implementation

Policy sector: Education

Date outcomes contract signed: Oct 2020

Start date of service provision: Jan 2021

Anticipated completion date: Mar 2027

Capital raised (minimum): USD 5m

Max potential outcome payment: USD 14.90m

Service users: 300 individuals

Intervention

The Side by Side SIB will fund the working capital of the Side by Side Program, an intensive 12-month program designed to improve the engagement and learning outcomes of students in Years 1 to 4. The Program combines student and family therapeutic support in the home, educational case management at school and professional learning and mentoring for teachers delivered through a whole-of-school transformation process.

Target population

Vulnerable primary school students with priorty given to Aboriginal and Torres Strait Islander students

Location

Country

  • Australia

Service delivery locations

  • Victoria

Involved organisations

Configuration of contracting parties:

  • Direct structure

Commissioners/outcome payers

Service Providers

Investors

Intermediary organisations

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Outcome metrics

  • Reduction in the number of days that students are absent from school.
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