Project

IDINDIGO-POJ-0012
Impact Bond Name - (Value)BeCode youth employment (Antwerp)
Stage of Development - (Value)Implementation
Dates - Date outcomes contract signed - (Value)2018-10
Dates - Start date of service provision - (Value)2019-01
Dates - (Source ID's)source1
Purpose and classifications - Intervention - (Value)Through this pilot project, the Flemish Service for Employment and Vocational Training (VDAB) is looking to get youngsters in Antwerp who are difficult to reach – the so-called 'NEETs' (Not in Education, Employment or Training) in particular - into work. BeCode provides low-threshold training courses in day-time education, familiarising young people with digital technologies. For the youngsters who enrol, the training is free of charge. BeCode works both on their technical skills, such as building a website or a mobile application, and their soft skills, such as creativity, problem solving, working in a team and project management.
Purpose and classifications - Policy sector - (Value)Employment and training
Purpose and classifications - (Source ID's)source4,source3
Service and beneficiaries - Target population - (Value)Young people in Antwerp who are not in education, employment or training.
Service and beneficiaries - (Source ID's)source5
Delivery Locations 1: Location - Name - (Value)Antwerp, Belgium
Delivery Locations 1: Location - Country - (Value)BE
Delivery Locations 1: Lat/Lng - Lat - (Value)51.222394
Delivery Locations 1: Lat/Lng - Lng - (Value)4.394204
Sources 1: Idsource1
Sources 1: Name - (Value)Interpretation of VDAB Young people in Antwerp learn digital techniques thanks to Social Impact Bond, Press release 23 January 2019 accessed on 27/07/2019 at https://www.vdab.be/nieuws/pers/antwerpse-jongeren-leren-digitale-technieken-dankzij-social-impact-bond
Sources 2: Idsource2
Sources 2: Name - (Value)VDAB Innovative way of getting young people into jobs, N.D. p. 2 accessed on 27/07/2019 at https://partners.vdab.be/sites/web/files/doc/partners/projecten/press%20release%20SIB%20Flanders%20%286%29.pdf
Sources 3: Idsource3
Sources 3: Name - (Value)VDAB Innovative way of getting young people into jobs, N.D. p. 1 accessed on 27/07/2019 at https://partners.vdab.be/sites/web/files/doc/partners/projecten/press%20release%20SIB%20Flanders%20%286%29.pdf
Sources 4: Idsource4
Sources 4: Name - (Value)VDAB Investing in success: resolving a complex problem by means of Social Impact Bonds, N.D, p. 1 accessed on 27/07/2019 at https://partners.vdab.be/sites/web/files/doc/partners/projecten/sib-webpage%20%281%29.pdf and VDAB Innovative way of getting young people into jobs, N.D. p. 1 accessed on 27/07/2019 at https://partners.vdab.be/sites/web/files/doc/partners/projecten/press%20release%20SIB%20Flanders%20%286%29.pdf
Sources 5: Idsource5
Sources 5: Name - (Value)VDAB Innovative way of getting young people into jobs, N.D. p. 2 accessed on 30/07/2019 at https://partners.vdab.be/sites/web/files/doc/partners/projecten/press%20release%20SIB%20Flanders%20%286%29.pdf
Service Provisions 1: Idserviceprovision1
Service Provisions 1: Organisation ID - (Value)INDIGO-ORG-0139
Outcome Payment Commitments 1: Organisation ID - (Value)INDIGO-ORG-0140
Outcome Payment Commitments 2: Organisation ID - (Value)INDIGO-ORG-0141
Investments 1: Idinvestment1
Investments 1: Organisation ID - (Value)INDIGO-ORG-0142
Outcome Metrics 1: Idoutcomemetric1
Outcome Metrics 1: Outcome Definition - (Value)Employment outcomes. If 10% more young people find work compared to a comparable group, VDAB, in partnership with PIO, repays the amount with interest.
Outcome Metrics 1: Primary SDG goal - (Value)8
Outcome Metrics 1: Primary SDG target - (Value)8.6
Outcome Metrics 1: Secondary SDG targets - (Value)8.5

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