Difference between revisions of "Right2Succeed"

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According to Right2Succeed, it aims to achieve change by 'developing collaborative solutions to the systemic problems of educational inequality', piloting and proving that they work, and then scaling projects 'until they reach a systemic scale'.
 
According to Right2Succeed, it aims to achieve change by 'developing collaborative solutions to the systemic problems of educational inequality', piloting and proving that they work, and then scaling projects 'until they reach a systemic scale'.
  
It has ties to [[Teach First]], [[NESTA]], and [[Merrill Lynch]], among others.
+
It was incubated by the [[Young Foundation]] and [[Teach First]], and has ties to [[NESTA]], and [[Merrill Lynch]], among others.
  
 
==Projects==
 
==Projects==

Revision as of 16:36, 10 August 2015

Right2Succeed is a UK-based social enterprise aimed at reducing educational inequality.

According to Right2Succeed, it aims to achieve change by 'developing collaborative solutions to the systemic problems of educational inequality', piloting and proving that they work, and then scaling projects 'until they reach a systemic scale'.

It was incubated by the Young Foundation and Teach First, and has ties to NESTA, and Merrill Lynch, among others.

Projects

Right to Succeed’s first project is to develop a school-led approach to turning around challenged secondary schools in low-income communities. It is hoped the first phase of the project is up and running in early 2016.[1]

Funding

Right2Succeed received a Teach First Innovation Award in 2014, along with £10,000 in prize money.

Social Impact Bond model

Under Right2Succeed's model, initial funding would be invested in three-year “social impact bonds”, which would involve social investors stumping up for projects at each of the schools. These would be linked to targets covering a range of measures, such as exam results, attendance, behaviour, destination data and student well-being. Providing the targets were hit by the end of the three years, the investment would be refunded by the commissioning body. And if the projects were unsuccessful, the loss would be borne by the investors rather than the taxpayer.

The names of the investors putting up the money is not known.[2]

Partners

'Development partners' of Right2Succeed include:

People

Trustees

Staff


Contact

Website:http://righttosucceed.org.uk
Twitter: @Right2Succeed

References