Who can place a monetary value on the benefits enjoyed by an individual who participated in a social project? How do you quantify the value a social project adds to people's lives? i60 Community Interest Company is in need of researchers who will volunteer in helping us evaluate (in monetary terms) the impact of our project, Strike-A-Chord, on the ageing community.

When presenting a Value Proposition to a prospective donor or grant funder, there is the occasional question of measuring the monetary value of the benefits people will enjoy from our projects such as Strike-A-Chord. Typically, this question arises when trying to build a case or value proposition to justify the investment or grant we are asking for.

Strike-A-Chord is a Birmingham-based uplifting and fun-filled project in which the Over-50's and Over-60's learn how to play the keyboard. This activity fosters togetherness and social interaction, as well as helps the ageing population overcome isolation and loneliness.

It is evident that what we do improves the mental health and overall wellbeing of the ageing population who participate in Strike-A-Chord. However, the question is "How do you measure or quantify the improvement the individual has experienced?" This endeavour has long been a challenge for social enterprises and we at i60 Community Interest Company are willing to explore the best approach.

We are hoping to find researchers and statisticians who will support our endeavour by volunteering their skills and time. Between the statistics and data available at ONS and the Centre for Ageing Better, we intend to establish credible parameters and detail in establishing a solid and viable value proposition.

If you are interested, kindly send an email to [email protected] expressing your interest along with brief details about your background and experience in conducting research.