Project
| ID | INDIGO-POJ-0019 |
|---|---|
| Impact Bond Name - (Value) | Essential Skills Social Finance (ESSF) Pilot Project |
| Stage of Development - (Value) | Implementation |
| Dates - Start date of service provision - (Value) | 2016-10 |
| Dates - (Source ID's) | source3 |
| Overall project finance - Total investment commitment - Currency - (Value) | CAD |
| Overall project finance - Total investment commitment - Amount - Exact - (Value) | 250000 |
| Overall project finance - Total investment commitment - Amount USD - Exact - (Value) | 188591.687 |
| Purpose and classifications - Intervention - (Value) | The intervention seeks to recruit low-skilled, unemployed adult Canadians to raise their essential skill levels through the delivery of a training initiative based on Douglas College's proven Foundations Workplace Essential Skills Program. ESSF offers a blended-learning model comprised of group and individualized instruction designed to increase essential skills and engage participants. It is comprised of 144 instructional hours, typically delivered 6 hours per day, 4 days per week, for 6 weeks. Curriculum content supports learning in five main categories: document use, writing, digital technology, reading and numeracy. Each has a set of group activities, plus guidelines and resources for individual practice, at lower and higher levels of skill. As part of the curriculum, learners develop and produce their own portfolio of documents and resources to support them in their trajectory towards stable and satisfactory employment. The portfolio is more than a CV, containing materials for individual career exploration and job search, as well. |
| Purpose and classifications - Policy sector - (Value) | Employment and training |
| Purpose and classifications - (Source ID's) | source8,source2 |
| Service and beneficiaries - Target population - (Value) | Unemployed or underemployed adult Canadians with lower literacy skills, defined as below Level 3 on the IALS scale. |
| Service and beneficiaries - Targeted number of unique service users or beneficiaries (total) - (Value) | 91 |
| Service and beneficiaries - (Source ID's) | source9 |
| Delivery Locations 1: Location - Name - (Value) | British Columbia, Saskatchewan, Ontario, Canada |
| Delivery Locations 1: Location - Country - (Value) | CA |
| Delivery Locations 1: Lat/Lng - Lat - (Value) | 49.353696 |
| Delivery Locations 1: Lat/Lng - Lng - (Value) | -84.214174 |
| Sources 1: Id | source1 |
| Sources 1: Name - (Value) | CICan, Essential Skills Social Finance project, "A new way to support social innovation" - p.1 |
| Sources 2: Id | source2 |
| Sources 2: Name - (Value) | Johnson Shoyama Graduate School of Public Policy, "Assessing Social Impact Bonds in Canada (Khovrenkov et al., 2018) - p.2 |
| Sources 3: Id | source3 |
| Sources 3: Name - (Value) | SRDC, "Social finance pilot projects: interim report" (Brennan et al., Dec. 2017) - p. 60 |
| Sources 4: Id | source4 |
| Sources 4: Name - (Value) | Social Finance SIB project summary (accessed 23/07/2019), https://sibdatabase.socialfinance.org.uk/?project_id=82 |
| Sources 5: Id | source5 |
| Sources 5: Name - (Value) | CICan, Essential Skills Social Finance project, "A new way to support social innovation" - p.1 - 2 |
| Sources 6: Id | source6 |
| Sources 6: Name - (Value) | SRDC, "Social finance pilot projects: interim report" (Brennan et al., Dec. 2017) - p. 17 |
| Sources 7: Id | source7 |
| Sources 7: Name - (Value) | CICan, Essential Skills Social Finance project, "A new way to support social innovation" - p.2 |
| Sources 8: Id | source8 |
| Sources 8: Name - (Value) | CICan, Essential Skills Social Finance project, "A new way to support social innovation" - p.2; SRDC, "Social finance pilot projects: interim report" (Brennan et al., Dec. 2017) - p. 18 |
| Sources 9: Id | source9 |
| Sources 9: Name - (Value) | SRDC, "Social finance pilot projects: interim report" (Brennan et al., Dec. 2017) - p. 18 |
| Service Provisions 1: Id | serviceprovision1 |
| Service Provisions 1: Organisation ID - (Value) | INDIGO-ORG-0669 |
| Service Provisions 2: Id | serviceprovision2 |
| Service Provisions 2: Organisation ID - (Value) | INDIGO-ORG-0670 |
| Service Provisions 3: Id | serviceprovision3 |
| Service Provisions 3: Organisation ID - (Value) | INDIGO-ORG-0671 |
| Outcome Payment Commitments 1: Organisation ID - (Value) | INDIGO-ORG-0673 |
| Outcome Payment Commitments 1: Maximum potential Outcome payment - Amount - (Value) | C$300,000 |
| Outcome Payment Commitments 1: Total outcome payments made - Amount - (Value) | C$ |
| Investments 1: Id | investment1 |
| Investments 1: Organisation ID - (Value) | INDIGO-ORG-0593 |
| Investments 2: Id | investment2 |
| Investments 2: Organisation ID - (Value) | INDIGO-ORG-0674 |
| Investments 3: Id | investment3 |
| Investments 3: Organisation ID - (Value) | INDIGO-ORG-0675 |
| Intermediary services 1: Organisation ID - (Value) | INDIGO-ORG-0672 |
| Outcome Metrics 1: Id | outcomemetric1 |
| Outcome Metrics 1: Outcome Definition - (Value) | Gain in skills after training. Number of participants who achieved 25-point skill gain in literacy, numeracy, and computer skills at the end of training. |
| Outcome Metrics 1: Targeted number of service users Or beneficiaries (total) - (Value) | 91 |
| Outcome Metrics 1: Primary SDG goal - (Value) | 4 |
| Outcome Metrics 1: Primary SDG target - (Value) | 4.6 |
| Outcome Metrics 1: Secondary SDG targets - (Value) | 4.4 |
| Outcome Metrics 2: Id | outcomemetric2 |
| Outcome Metrics 2: Outcome Definition - (Value) | Gain in skills 1 year after training. Number of participants who achieved 25-point skill gain in literacy, numeracy, and computer skills 12 months after training. |
| Outcome Metrics 2: Primary SDG goal - (Value) | 4 |
| Outcome Metrics 2: Primary SDG target - (Value) | 4.6 |
| Outcome Metrics 2: Secondary SDG targets - (Value) | 4.4 |