The Pay for Success Lab is currently accepting applications for its 2017/18 Fellow positions. The Fellowship is an excellent opportunity to learn about important policy issue areas, gain familiarity with evidence-based policy and impact investing, and create real change in communities. Here is the application link. The due date is Wednesday, September 6, at 11:59 PM. For more information, contact Josh Ogburn, Director of the PFS Lab, at josh.ogburn@virginia.edu

The mission of the University of Virginia Pay for Success Lab is to identify and advance impactful Pay for Success projects in localities across the nation. Through our work, we: 

  • RESEARCH the social and financial benefits that effective policy solutions can provide
  • ENGAGE with local stakeholders to educate them about Pay for Success and other results-based funding strategies
  • CONNECT stakeholders with organizations and resources that can assist with advancing promising project ideas

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Pay for Success (PFS) generates social value and cashable savings to government and other community organizations while driving financial resources towards serving local needs and measurably improving lives. Through the structure, a private investor pays upfront for an intervention and an end payor agrees to repay that investment should the intervention meet or exceed its predetermined target outcome measures. PFS allows community-oriented organizations to pay for tangible benefits, transfers the risk of outcome achievement to external funders, and aligns a community towards achieving beneficial outcomes.

Who We Are

Staff

Fellows

Fellow Alumni