Director at Social Finance
Toby Eccles' speeches focus on the need to privately fund public programs like inmate rehabilitation, children's programs and more. Eccles is a director at Social Finance in London, and the creator of the Social Impact Bond, designed to entice private investors to help fund social programs with the promise of profit. The program funds various programs to help inmate rehabilitation include therapy, rehab and work programs. The investors would receive annual profit for every 10% decrease in certain criminal offences.
Eccles' bonds have proven effective in England, and more such bonds are being tried out across the globe, including New York City and Massachusetts in the United States. Toby Eccles' speeches discuss and promote a proven method of solving some of society's worst ills by putting private sector money to work.