Project

IDINDIGO-POJ-0025
Impact Bond Name - (Value)Epiqus Työhyvinvointi I ("Tyhy-SIB") (Epiqus Occupational Wellbeing)
Stage of Development - (Value)Complete
Stage of Development - (Source ID's)source18
Dates - Date outcomes contract signed - (Value)2015-11
Dates - Start date of service provision - (Value)2015-05
Dates - Actual end date of service provision - (Value)2020
Dates - (Source ID's)source2,source3
Overall project finance - Total investment commitment - Currency - (Value)EUR
Overall project finance - Total investment commitment - Amount - Exact - (Value)1500000
Overall project finance - Total investment commitment - Amount USD - Exact - (Value)1663600.168
Purpose and classifications - Intervention - (Value)The service providers offer a range of occupational wellbeing and preventative healthcare programmes to public sector employers. The intervention starts with a comprehensive survey of the workforce to assess needs and services, and a contact centre is then installed as an interface to the public healthcare system and point of contact for employees in relation to occupational healthcare needs. Some of the Occupational well-being SIB services are fixed, meaning that they run for the duration of the agreement. Additional tailored services are planned once a month at joint meetings involving the service providers, customers and Epiqus Oy, which manages the SIB project.
Purpose and classifications - Policy sector - (Value)Health
Purpose and classifications - (Source ID's)source13,source4
Service and beneficiaries - Target population - (Value)Public sector employees in Finland.
Service and beneficiaries - Targeted number of unique service users or beneficiaries (total) - (Value)1300
Service and beneficiaries - Unit type of targeted service users or beneficiaries - (Value)Individual
Service and beneficiaries - Actual number of unique service users or beneficiaries engaged (total) - (Value)1300
Service and beneficiaries - Unit type of actual service users or beneficiaries engaged - (Value)Individual
Service and beneficiaries - (Source ID's)source4
Notes - (Value)1) Sick-leave days per employee have dropped by an average of one day (0.94) per year. This represents a reduction of about 7% in relation to the comparative period. 2) Evaluator: Finnish Institute of Occupational Health (report to be published in autumn 2019)
Delivery Locations 1: Location - Name - (Value)Helsinki
Delivery Locations 1: Location - Country - (Value)FI
Delivery Locations 1: Lat/Lng - Lat - (Value)60.192059
Delivery Locations 1: Lat/Lng - Lng - (Value)24.945831
Sources 1: Idsource1
Sources 1: Name - (Value)Epiqus website "Funds" (accessed 2 August 2019) https://www.epiqus.com/funds.html; EVPA Roundtable presentation (13 Octcober 2016) on "Private investments, public funding and one goal" (Mika Pyykkö), page 8 (accessed 2 August 2019) https://evpa.eu.com/uploads/documents/2016_10_13-B.-Private-investments-public-funding_MPSITRA.pdf
Sources 2: Idsource2
Sources 2: Name - (Value)Sitra website "What is happening with the Occupational well-being SIB?" (accessed 02 August 2019)
Sources 3: Idsource3
Sources 3: Name - (Value)Social Finance website (accessed: 25.07.2019) https://sibdatabase.socialfinance.org.uk/#;
Sources 4: Idsource4
Sources 4: Name - (Value)Epiqus Occupational Wellness I First Close Press Release, p. 1 (accessed: 25.07.2019) http://www.epiqus.com/Epiqus%20Occupational%20Wellness%20I%20First%20Close%20Press%20Release.pdf
Sources 5: Idsource5
Sources 5: Name - (Value)PPT Presentation "Private Investments, Public Funding and One Goal" (SITRA, 2016), p. 8 (accessed : 25. 07.2019) https://evpa.eu.com/uploads/documents/2016_10_13-B.-Private-investments-public-funding_MPSITRA.pdf
Sources 6: Idsource6
Sources 6: Name - (Value)News release from 4 July 2017 by GSG (accessed 2 August 2019) https://gsgii.org/2017/07/sitra-and-me-saatio-launch-first-social-impact-bond-in-finland/
Sources 7: Idsource7
Sources 7: Name - (Value)SITRA website (accessed: 25.07.2019) https://www.sitra.fi/en/projects/sib-funds/#what-is-it-about
Sources 8: Idsource8
Sources 8: Name - (Value)Epiqus Occupational Wellness I First Close Press Release from 10 November 2015, p. 1 (accessed 2 August 2015) http://www.epiqus.com/Epiqus%20Occupational%20Wellness%20I%20First%20Close%20Press%20Release.pdf; Sitra Website "What is happening with the Occupational well-being SIB?" (accessed 02 Agust 2019) https://www.sitra.fi/en/news/whats-happening-occupational-well-sib/
Sources 9: Idsource9
Sources 9: Name - (Value)Epiqus Occupational Wellness I First Close Press Release, p. 2 (accessed: 25.07.2019) http://www.epiqus.com/Epiqus%20Occupational%20Wellness%20I%20First%20Close%20Press%20Release.pdf
Sources 10: Idsource10
Sources 10: Name - (Value)Epiqus Occupational Wellness I First Close Press Release, p. 1 (accessed: 02 August 2019) http://www.epiqus.com/Epiqus%20Occupational%20Wellness%20I%20First%20Close%20Press%20Release.pdf
Sources 11: Idsource11
Sources 11: Name - (Value)Sitra website "What is happening with the occupational well-being SIB?" (accessed 02 August 2019)
Sources 12: Idsource12
Sources 12: Name - (Value)EVPA Roundtable presentation (13 Octcober 2016) on "Private investments, public funding and one goal" (Mika Pyykkö), page 9 (accessed 2 August 2019) https://evpa.eu.com/uploads/documents/2016_10_13-B.-Private-investments-public-funding_MPSITRA.pdf
Sources 13: Idsource13
Sources 13: Name - (Value)Sitra website "What's happening with the occupational Well-being SIB?" (accessed: 2 August 2019), https://www.sitra.fi/en/news/whats-happening-occupational-well-sib/; Social Finance website (accessed: 2 August 2019) https://sibdatabase.socialfinance.org.uk/#;
Sources 14: Idsource14
Sources 14: Name - (Value)Sitra website "What is happening with the occupational well-being SIB" (accessed 02 August 2019)
Sources 15: Idsource15
Sources 15: Name - (Value)Epiqous website "Funds" (accessed 2 August 2019)
Sources 16: Idsource16
Sources 16: Name - (Value)1) Sitra website "What's happening with the occupational Well-being SIB?" (accessed: 26.07.2019), https://www.sitra.fi/en/news/whats-happening-occupational-well-sib/ 2) Sitra website "What's happening with occupational Well-being SIB?" (accessed 2 August 2019) https://www.sitra.fi/en/news/whats-happening-occupational-well-sib/
Sources 17: Idsourcehackandlearn2021-08
Sources 17: Name - (Value)Hack and Learn - August 2021
Sources 18: Idsource18
Sources 18: Name - (Value)FIM website accessed on 18/10/2021: https://www.ttl.fi/en/finlands-first-sib-project-was-evaluated/
Sources 18: Type - (Value)Website
Sources 18: URL - (Value)https://www.ttl.fi/en/finlands-first-sib-project-was-evaluated/
Service Provisions 1: Idserviceprovision1
Service Provisions 1: Organisation ID - (Value)INDIGO-ORG-0382
Service Provisions 2: Idserviceprovision2
Service Provisions 2: Organisation ID - (Value)INDIGO-ORG-0383
Service Provisions 3: Idserviceprovision3
Service Provisions 3: Organisation ID - (Value)INDIGO-ORG-0384
Outcome Payment Commitments 1: Organisation ID - (Value)INDIGO-ORG-0386
Investments 1: Idinvestment1
Investments 1: Organisation ID - (Value)INDIGO-ORG-0387
Investments 2: Idinvestment2
Investments 2: Organisation ID - (Value)INDIGO-ORG-0388
Investments 3: Idinvestment3
Investments 3: Organisation ID - (Value)INDIGO-ORG-0389
Investments 4: Idinvestment4
Investments 4: Organisation ID - (Value)INDIGO-ORG-0390
Intermediary services 1: Organisation ID - (Value)INDIGO-ORG-0385
Outcome Metrics 1: Idoutcomemetric1
Outcome Metrics 1: Outcome Definition - (Value)Reduction in number of sick leave days per employee per year
Outcome Metrics 1: Targeted number of service users Or beneficiaries (total) - (Value)1300
Outcome Metrics 1: Primary SDG goal - (Value)3
Outcome Metrics 1: Primary SDG target - (Value)3.d
Results 1: Outcome Metric Id - (Value)outcomemetric1
Results 1: Number engaged In impact bond - (Value)1580

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