Tuesday, 18 October 2011

A Quiet Place – finding funds for improvement

AQP, like most organisations in this time of recession, realise that it's becoming more and more difficult for clients to offer any services that aren't directly funded or paid for at point of delivery, even though they offer evidence of improvement in learning, behaviour and attendance for children and young people. We want to be able to help clients think more creatively about this - so that lack of funding to set up AQP ceases to be a barrier. AQP now has access to a new funding model which uses the rules which govern corporate tax to support the development of AQP Environment. It works by linking organisations within a geographical locality, with a "sponsor" corporate company, brokered by AQP, which helps to fund the capital aspects of the AQP environment. The sponsoring company benefits by knowing the support it is giving is going directly to the families of employees, and the organisation benefitting can evidence real results with children and young people who may well be future employees. AQP now want to see if this way of working can be applied to developing Social Impact Bonds to benefit a wider community.

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