Newsletter for January 2015

Why Early Childhood Investment?

The 21st century global, knowledge-based economy requires highly skilled workers capable of critical thinking and sophisticated scientific, technical and mathematical work. The foundations for these skills, as well as for general success, are developed in the first give years of life - the most active and important phase for overall brain development throughout the lifespan. By investing in effective educational and health programs during the early years of brain development, communities can create a more competitive, capable population and ensure the strongest foundation for their own future success and prosperity.

For more information, read the new ICS Issue Brief for business leaders and policy makers on brain science and strategies for building executive function and critical job skills early in life.

Event Details:

January 27th, 2015
7:30 am � 9:00 am

Columbia Metropolitan Convention Center

1101 Lincoln Street
Columbia, SC 29201


Pay for Success RFA Launched, Dates Set for San Diego Conference, Webinar Recording Available

On December 10, 2014, the Institute for Child Success released its Request for Applications for entities to apply for technical assistance to use Pay for Success financing to improve health and education outcomes for young children, prenatal to age 5. The RFA launch was announced in conjunction with the White House Summit on Early Childhood Education.

ICS is also pleased to work again with ReadyNation and Pritzker Children�s Initiative to host the second annual national conference of the Early Childhood Social Impact Performance Advisors April 27-29, 2015 in San Diego, California. This conference will bring together stakeholders from across the country to share best practices and develop expertise among communities working to develop Pay for Success transactions. The RFA also seeks applications for those interested in attending the conference.

In October 2014, ICS received $782,412 in investments from the Corporation for National and Community Service�s (CNCS) Social Innovation Fund (SIF), the results of a highly competitive open grant competition, to provide technical assistance to up to four state or local jurisdictions each year for three years, to assess the feasibility of Pay for Success in early childhood programs.

For more information, or to download the full RFA, please visit: instituteforchildsuccess.org/pfs.php. ICS hosted informational webinars on December 17, 2014 and January 6, 2015 which can be viewed on our website.

Dates set for 2015 Speaker Series

ICS is very pleased to announce the line-up for our 2015 Speakers Series. The goal of these events is explore new ideas at the leading edge of efforts to improve outcomes for young children and catalyze knowledge-informed action.

We hope many of you will plan to join us for these important sessions.

  • On March 3, in partnership with the Riley Institute at Furman University, we will host Dr. Lisa Gennetian of New York University for a lecture �A Behavioral Economic Perspective on Early Childhood Development.�
  • On May 12 in Spartanburg, Dr. Jason Gilliland from the University of Western Ontario will speak on �Children�s Health and the Built Environment.�
  • On September 29, we will welcome Clare Huntington, a professor at Fordham University�s Law School, for a session on her recent book Failure to Flourish: How Law Undermines Family Relationships (Oxford, 2014).
  • Finally, we are excited to welcome Dr. Mario Luis Small, Grafstein Family Professor of Sociology at Harvard University on November 10 in Charlotte for his lecture �The Role of Parents� Social Capital in the Success of Young Children.�

ICS is excited to announce the dates of the 2015 Research Symposium - October 15 and 16. This year, ICS plans to focus on early childhood development including physical health and wellbeing, executive function, and environmental factors. A call for proposals will be released in February. Please mark your calendars and plan to join us in the Lowcountry. Location and details to follow, but please save the date!

online here.

The Value of Pay for Success for Home Visiting:
New Technical Paper from ReadyNation

A technical paper has been written on the value of applying Pay for Success (PFS) using social impact financing to home visiting for lower income expectant mothers and their newborn babies. The authors demonstrate that an expansion of current quality home visiting models to mothers not receiving these services can substantially reduce health care costs. Based on the original service delivery model studied in Virginia by researchers at the University of North Carolina, investors could enjoy attractive returns on investment in a PFS setting. The paper, Early Health "Pay for Success" Social Impact Finance: Scaling Up Prenatal Care in Virginia, can be read and downloaded at www.readynation.org/pfs