PILOT PROGRAM PURPOSE
Fairfax County Government through its Innovation Fund Pilot (The Fund) seeks proposals from businesses and nonprofits to create innovative, sustainable, and replicable human service programs or projects. The Fund will provide financial assistance to businesses and non-profits to address barriers to economic mobility among the most vulnerable residents in Fairfax County.
With its quality school system, low unemployment rate and high median income, Fairfax County is known for being a good place to live. However, despite being one of the wealthiest communities in the country, not all county residents share in this prosperity. There are disparities and poverty throughout the county. The intention of this funding is to impact the economic mobility of the county’s most vulnerable residents by addressing barriers to success or tackling a social or environmental problem through a market-driven approach. With the understanding that no single organization can solve any major social problem by itself, this fund encourages businesses and non-profits to partner to design programs or projects that positively impact human services and use a ‘collective impact’ approach and ‘social impact investing’ to achieve program goals.
Collective impact is a collaborative approach to address complex social issues, consisting of five conditions: a common agenda, shared measurement systems, mutually reinforcing activities, continuous communication and backbone support organizations. Social impact investing is defined as the placement of capital with the intent to create benefits beyond financial return.