A conference to mark the end of the 'Preventonomics' project was held on 15 September 2016. The Personal Social Services Research Unit at the London School of Economics and Political Science (LSE) was commissioned by The Big Lottery Fund in 2013, and has been studying the potential savings that can be achieved by prevention and intervention in the early years via the A Better Start programme.
This study of the economics of prevention and early intervention has involved the development of a new model of economic analysis, which the researchers have termed 'Preventonomics'.
Speakers at the conference included: Sarah Gibbs from A Better Start talking about the programme; Jeni Beecham and Eva Bonin from the Preventonmics project presenting their model; Louise Scott from Ecorys giving some tips on the practicalities of economic evaluations. There were also presentations from the five A Better Start sites in Nottingham, Bradford, Southend, Blackpool and Lambeth. These speakers all gave different angles on the challenges of measuring and evaluating preventative interventions.
A Better Start is a £215 million investment by the Big Lottery Fund, launched in October 2012 to improve the life chances of some of the most vulnerable babies and children in England.