In America and Britain governments hope that a partnership with “social entrepreneurs”

A great article in the Economist about the evolution of social entrepreneurship as a way to address pubic challenges. It is worth a read.

http://www.economist.com/node/16789766?story_id=16789766&CFID=145057759&...

Deep in the article, they talk about social impact bonds. This is a fascinating approach to allieviating social problems by effectively paying the nonprofit to deliver the social return. This is a fascinating and exciting approach and one that I have heard rumours about here in Canada amongst Family Service Canada members.... but I can't remember exactly who told me about it. Does anyone know about this?