Project
| ID | INDIGO-POJ-0030 |
|---|---|
| Impact Bond Name - (Value) | IMPACT Académie CIS (France) |
| Stage of Development - (Value) | Implementation |
| Dates - Date outcomes contract signed - (Value) | 2016-11 |
| Dates - Start date of service provision - (Value) | 2017-01 |
| Dates - (Source ID's) | source2,source3 |
| Overall project finance - Total investment commitment - Currency - (Value) | EUR |
| Overall project finance - Total investment commitment - Amount - Exact - (Value) | 1000000 |
| Overall project finance - Total investment commitment - Amount USD - Exact - (Value) | 1106151.707 |
| Purpose and classifications - Intervention - (Value) | The intervention aims to reduce the barriers to entry for entrepreneurs starting franchised businesses in QPVs (Quartiers prioritaires de la Politique de la Ville, which are designated socially deprived areas), in order to accelerate the growth of these businesses so that they can become important local employers. Entrepreneurs are first given acces to e-learning courses, provided by the National Centre of Arts and Trades (CNAM) and the French Franchise Federation (FFF), which award certificated qualification upon completion. The provider also provides beneficiaries with the legal structuring of their new franchised business, in order to maximize chances of success. They also organize recruitment sessions and other activities to support businesses with local job creation. |
| Purpose and classifications - Policy sector - (Value) | Employment and training |
| Purpose and classifications - (Source ID's) | source6,source2 |
| Service and beneficiaries - Target population - (Value) | First-time entrepreneurs and job-seekers located in a QPV, with low personal contributions and professional experience. |
| Service and beneficiaries - Targeted number of unique service users or beneficiaries (total) - (Value) | 1000 |
| Service and beneficiaries - (Source ID's) | source4 |
| Delivery Locations 1: Location - Name - (Value) | Quartiers prioritaires de la Politique de la Ville, France |
| Delivery Locations 1: Location - Country - (Value) | FR |
| Delivery Locations 1: Lat/Lng - Lat - (Value) | 48.813878 |
| Delivery Locations 1: Lat/Lng - Lng - (Value) | 2.394135 |
| Sources 1: Id | source1 |
| Sources 1: Name - (Value) | Ministère de l'Économie et des Finances, "Dossier de Présentation - Conférence sur l'Investissement à l'Impact Social" (24/11/2016), (trans.) Presentation Brief - Social Impact Investment Conference (Ministry of the Economy and Public Finances) - p.10 |
| Sources 2: Id | source2 |
| Sources 2: Name - (Value) | Ministère de l'Économie et des Finances, "Dossier de Présentation - Conférence sur l'Investissement à l'Impact Social" (24/11/2016), (trans.) Presentation Brief - Social Impact Investment Conference (Ministry of the Economy and Public Finances) - p.6 |
| Sources 3: Id | source3 |
| Sources 3: Name - (Value) | Communiqué de presse, "Michel Sapin et Martine Pinville signent les deux premiers contrats à impact social en présence du Président de la République " (24/11/2016), (trans.) press release - Sapin and Pinville sign first SIB contracts in the presence of the president |
| Sources 4: Id | source4 |
| Sources 4: Name - (Value) | Ministère de l'Économie et des Finances, "Dossier de Présentation - Conférence sur l'Investissement à l'Impact Social" (24/11/2016), (trans.) Presentation Brief - Social Impact Investment Conference (Ministry of the Economy and Public Finances) - p.11 |
| Sources 5: Id | source5 |
| Sources 5: Name - (Value) | Communiqué de presse, "Michel Sapin et Martine Pinville signent les deux premiers contrats à impact social en présence du Président de la République " (24/11/2016), (trans.) press release - Sapin and Pinville sign first SIB contracts in the presence of the president - p.1 |
| Sources 6: Id | source6 |
| Sources 6: Name - (Value) | Ministère de l'Économie et des Finances, "Dossier de Présentation - Conférence sur l'Investissement à l'Impact Social" (24/11/2016), (trans.) Presentation Brief - Social Impact Investment Conference (Ministry of the Economy and Public Finances) - p.10 - 11 |
| Sources 7: Id | source7 |
| Sources 7: Name - (Value) | Own calculation, based on Ministère de l'Économie et des Finances, "Dossier de Présentation - Conférence sur l'Investissement à l'Impact Social" (24/11/2016), (trans.) Presentation Brief - Social Impact Investment Conference (Ministry of the Economy and Public Finances) - p.6 |
| Service Provisions 1: Id | serviceprovision1 |
| Service Provisions 1: Organisation ID - (Value) | INDIGO-ORG-0089 |
| Outcome Payment Commitments 1: Organisation ID - (Value) | INDIGO-ORG-0021 |
| Outcome Payment Commitments 1: Maximum potential Outcome payment - Amount - (Value) | 1000000 |
| Investments 1: Id | investment1 |
| Investments 1: Organisation ID - (Value) | INDIGO-ORG-0090 |
| Investments 1: Investment Commitment - Currency - (Value) | EUR |
| Investments 1: Investment Commitment - Amount - Exact - (Value) | 1000000 |
| Investments 1: Investment Commitment - Amount USD - Exact - (Value) | 1106151.707 |
| Outcome Metrics 1: Id | outcomemetric1 |
| Outcome Metrics 1: Outcome Definition - (Value) | Creation of viable businesses. Number of viable businesses created. |
| Outcome Metrics 1: Targeted number of service users Or beneficiaries (total) - (Value) | 1000 |
| Outcome Metrics 1: Primary SDG goal - (Value) | 8 |
| Outcome Metrics 1: Primary SDG target - (Value) | 8.3 |
| Outcome Metrics 2: Id | outcomemetric2 |
| Outcome Metrics 2: Outcome Definition - (Value) | Creation of jobs. Number of jobs created within QPVs. |
| Outcome Metrics 2: Primary SDG goal - (Value) | 8 |
| Outcome Metrics 2: Primary SDG target - (Value) | 8.3 |
| Outcome Metrics 3: Id | outcomemetric3 |
| Outcome Metrics 3: Outcome Definition - (Value) | Completion of training. Number of completed training qualifications (CNAM and FFF). |
| Outcome Metrics 3: Primary SDG goal - (Value) | 8 |
| Outcome Metrics 3: Primary SDG target - (Value) | 8.3 |