Last week we launched One Value, a free and user-friendly platform that aggregates information about the unit costs of different social problems in Portugal.
For two years, MAZE has been working on One Value as part of a partnership agreement between the Calouste Gulbenkian Foundation and the Portuguese Government.
On the 20th of June, One Value was presented to the public. The Ministry of the Presidency and Administrative Modernization and the President of the Calouste Gulbenkian Foundation have shared their views on the relevance and importance of such a tool.
As of today, One Value showcases 80 indicators, distributed across 5 thematic areas – education, health, employment, social protection and justice. This is, at One Value one can find information related to the average cost of a child in foster care, of an unemployed or of a prisoner.
It also includes a “calculator” which was developed to help social entrepreneurs estimating the potential of public savings generated by their projects. It will be managed by Portugal Inovação Social. Information is available both in English and Portuguese.
MAZE believes One Value will serve different audiences and purposes; in particular, it will be useful to structure social impact bonds and to foster outcomes-based commissioning within the public sector. At the end, we expect it contributes to the design of more cost-effective services to the vulnerable populations.
We could not be happier with the result and look forward to seeing this platform grow.