The best example of innovation in a social impact bond is the ability to free up a non-profit service deliverer like Sweet Dreams to run their program without having to report on the activities they're doing month by month and year by year. In the construct of a social impact bond, you determine the outcomes up front and let the Dons of the world do their work. To me, that's the biggest innovation that this financial innovation allows.
On January 30th, 2018. See this statement in context.