The first global SIB project was implemented by the UK in the fall of 2010 into a program that aimed to reduce
recidivism in a Peterborough Prison (Social Finance, 2013). According to Social Finance, experienced social
organizations supported 3,000 short-term prisoners in a span of a six-year period beginning from inside the prison
and after release. The individuals were helped in transitioning back into society (Social Finance, 2013). The
agreement was a return for investors through a share from the government savings if the program reduced reoffending
by 7.5% or more. With reductions of re-offending beyond 7.5%, investors would receive an increasing
return of up to 13% in correlation to the achieved success of social outcome (Social Finance, 2013).