This excerpt from the press release says it all:
Governor John Hickenlooper of Colorado: “Colorado is excited to be among this collective to strategically look at the role social impact bonds might play in solving some of our more complex social issues such as homeless and early childhood development.”
Governor Dannel Malloy of Connecticut: “Social impact bonds can potentially be an innovative way to help governments expand access to social services during challenging fiscal times. We are excited to be a part of the conversation, and look forward to working with partners in our state on next steps in the days and months ahead.”
Governor Pat Quinn of Illinois: “Illinois has successfully launched a social impact bond project which will help tackle major social problems and strengthen our communities. This innovative model is a unique way to invest in our community priorities without dipping into the pockets of our residents. I extend gratitude to The Rockefeller Foundation and the Harvard Kennedy School for recognizing Illinois as a pioneer in social innovation.”
Governor Andrew Cuomo of New York: “Social impact bonds provide an innovative way to encourage smart and cost-effective solutions to social problems. By attracting private investment to fund programming, this approach also ensures that solutions that work can be brought to scale. I am proud to have been an early advocate of this approach and look forward to our partnership with the SIB Technical Assistance Lab.”
Governor John Kasich of Ohio: “We’re constantly looking for new ways to innovate in order to provide better value for taxpayers, and the social impact bond model can help us do that. Not only does this approach help pursue solutions to tough problems, but it does so in an accountable, results-oriented way. The Rockefeller Foundation and Harvard’s Kennedy School have worked hard to fine tune and advance this unique public-private strategy and I’m excited about how we can use it in Ohio.”
Governor Nikki Haley of South Carolina: “South Carolina is excited to participate in the SIB Lab because we see public-private partnerships as the best way to bring innovative solutions to government. This is another reason for South Carolinians to celebrate as we move to the national forefront in creatively finding ways to improve maternal and child health.”
Michael Belinsky 