Sweet Dreams SIB

SIB Details

LocationCanada, Saskatchewan
Commencement date12 May 2014
Savings areaOut-of-home-care, education, employment
Bond AmountC$1m
Bond terms (years)5 years

Intervention Program

Program descriptionSafe accomodation and support that allows at risk young single mothers to continue with their education or participate in work-preparation activities.
Treatment duration2 months – 2 years depending on need
Target populationSingle mothers with children under the age of 8 who are at risk of requiring services from Child and Family Services.
Intervention cohort11 adults and 11-15 children at any one time.

Outcome Measurement

MetricNumber of families leaving the supported accommodation and staying together for more than 6 months without entering into care.
CounterfactualFixed – nil
Outcome Calculation and TargetBy 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 AgencyGovernment of Saskatchewan. Multi ministry – Health, Education and Social Services
Service ProviderEGADZ

Investor details

InvestorsConexus Credit Union and Mah Family
ReturnsInvestors 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 protectionNil

Case study

CommentsSupplemented by grants/donations of C$535k.

Download the Sweet Dreams SIB case study (PDF, 187KB)