Urban Investments: Social Impact Bond For Early Childhood Education

June 13, 2013
Author: Andrea Phillips | Goldman Sachs
http://www.goldmansachs.com/what-we-do/investing-and-lending/urban-investments/case-studies/salt-lake-social-impact-bond.html

In this video, Andrea Phillips of the Urban Investment Group at Goldman Sachs discusses the firm’s second social impact bond, which invests in early childhood education.

Watch the video>>

On June 13, 2013, Goldman Sachs, United Way of Salt Lake and J.B. Pritzker formed a partnership to create the first-ever social impact  bond designed to finance early childhood education. Together with J.B. Pritzker, Goldman Sachs is making a loan commitment of up to $7 million to fund the expansion of the Granite and Park City School Districts’ high-quality preschool program for at-risk children in Utah.   

For more information:

PRESS RELEASE:  United Way of Salt Lake Announces Results-based Financing for Low-income Preschool Students

PRESS RELEASE:  Pritzker, Goldman Sachs Announce First Phase of Early Childhood Innovation Accelerator Initiative

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