2012 has been an extraordinary year for Third Sector Capital Partners and the field of Social Innovation Finance, one that will be remembered for its many firsts. Pay for Success and Social Impact Bonds have gained worldwide attention and are quickly taking root across the United States, with several tangible pilots under development.

We offer a huge thank you to every member of this growing community, each of whom has helped accelerate America’s transition to a performance-based social sector.

2012: A Year of Firsts

New York City launched the nation’s first Pay for

Holder: New Anti-Crime Spending is “Investment” in Innovation
by Ted Guest – The Crime Report – October 2, 2012

With government funds for new initiatives scarce as a few federal fiscal year begins, the Obama administration has announced some potentially innovative spending aimed at preventing repeat criminality.

Describing what he called “investments […] designed to aid in the development, implementation, and expansion of proven strategies for intervention,” Attorney General Eric Holder told the International Association of Chiefs of Police convention in San Diego yesterday that the Justice Department is working “to improve public safety policies