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<p>Since the launch of the world's first social impact bond (SIB) in Peterborough
Prison in 2010, the government has supported the development of 32 SIBs across the
country. This includes 14 SIBs targeting youth unemployment, 7 SIBs focused upon homelessness
and 11 SIBs centred on tackling a range of issues including mental health and employment,
long term health conditions, children in care and loneliness amongst older people.
We have also made more than £105m available over this Parliament to catalyse the growth
of SIBs aimed at tackling a range of social issues.</p>
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