Spartanburg wins support for early-childhood Pay for Success (PFS) effort

Wellville Five community Spartanburg, South Carolina was selected to receive support from the Institute for Child Success (ICS) to advance Pay for Success (PFS) strategies in early childhood education. Kindergarten readiness is one of Spartanburg’s five Way to Wellville focus areas. Read more in the ICS press release.

This PFS effort is part of a larger initative by the Social Innovation Fund (SIF), a key White House initiative and program of the Corporation for National and Community Service. A list of all SIF PFS grantees and subgrantees is here.

PFS is one of several sustainable financing strategies we are advancing in the Wellville communities to align capital with outcomes. Payforsuccess.org is a good place to learn more. And for a summary of other strategies, check out the great work done last year by HICCup’s KIN Challenge grad student team from Kellogg School of Management at Northwestern University.

We look forward to connecting investors, solution providers, and Wellville communities to create investable markets for health!