Project

IDINDIGO-POJ-0052
Impact Bond Name - (Value)Werk na Detentie (Work After Prison)
Stage of Development - (Value)Implementation
Dates - Date outcomes contract signed - (Value)2016-06
Dates - (Source ID's)source2
Overall project finance - Total investment commitment - Currency - (Value)EUR
Overall project finance - Total investment commitment - Amount - Exact - (Value)1200000
Overall project finance - Total investment commitment - Amount USD - Exact - (Value)1327382.048
Purpose and classifications - Intervention - (Value)The Work-Wise Direct Consortium offers an holistic approach to offenders by bringing together employment, education, healthcare, and municipal policies. Work-Wise Direct provides participants with an integral work-/study programme tailored to individual needs, alongside intensive, 'evidence-based' counselling. Each organisation in the Consortium has a national network of employers and relevant supply chain partners with which to connect offenders.
Purpose and classifications - Policy sector - (Value)Criminal justice
Purpose and classifications - (Source ID's)source2
Service and beneficiaries - Target population - (Value)150 adult prisoners with sentences of 3-12 months - not otherwise based on age, gender, or type of crime.
Service and beneficiaries - Targeted number of unique service users or beneficiaries (total) - (Value)150
Service and beneficiaries - (Source ID's)source2
Delivery Locations 1: Location - Name - (Value)The Netherlands
Delivery Locations 1: Location - Country - (Value)NL
Delivery Locations 1: Lat/Lng - Lat - (Value)52.361243
Delivery Locations 1: Lat/Lng - Lng - (Value)4.888519
Sources 1: Idsource1
Sources 1: Name - (Value)Gustafsson-Wright 2016 Blogpost on Brookings website https://www.brookings.edu/blog/education-plus-development/2016/06/09/the-netherlands-leads-again-in-social-innovation-with-announcement-of-fifth-social-impact-bond/. See also Social Finance Database https://sibdatabase.socialfinance.org.uk/?project_id=66 All accessed 26 July 2019.
Sources 2: Idsource2
Sources 2: Name - (Value)Social Finance Database https://sibdatabase.socialfinance.org.uk/?project_id=66 accessed 26 July 2019.
Service Provisions 1: Idserviceprovision1
Service Provisions 1: Organisation ID - (Value)INDIGO-ORG-0682
Outcome Payment Commitments 1: Organisation ID - (Value)INDIGO-ORG-0685
Investments 1: Idinvestment1
Investments 1: Organisation ID - (Value)INDIGO-ORG-0178
Investments 2: Idinvestment2
Investments 2: Organisation ID - (Value)INDIGO-ORG-0177
Investments 3: Idinvestment3
Investments 3: Organisation ID - (Value)INDIGO-ORG-0687
Intermediary services 1: Organisation ID - (Value)INDIGO-ORG-0684
Outcome Metrics 1: Idoutcomemetric1
Outcome Metrics 1: Outcome Definition - (Value)Reduce recidivism of the participants by 10%.
Outcome Metrics 1: Targeted number of service users Or beneficiaries (total) - (Value)150
Outcome Metrics 1: Primary SDG goal - (Value)16
Outcome Metrics 1: Secondary SDG goals - (Value)8
Outcome Metrics 1: Primary SDG target - (Value)16.7
Outcome Metrics 1: Secondary SDG targets - (Value)8.3
Outcome Metrics 2: Idoutcomemetric2
Outcome Metrics 2: Outcome Definition - (Value)Decrease social benefits issued to participants by 25-30%.
Outcome Metrics 2: Primary SDG goal - (Value)16
Outcome Metrics 2: Secondary SDG goals - (Value)8
Outcome Metrics 2: Primary SDG target - (Value)16.7
Outcome Metrics 2: Secondary SDG targets - (Value)8.3
Outcome Metrics 3: Idoutcomemetric3
Outcome Metrics 3: Outcome Definition - (Value)Increase the labour participation of participants by 882 months in comparison to a control group.
Outcome Metrics 3: Primary SDG goal - (Value)16
Outcome Metrics 3: Secondary SDG goals - (Value)8
Outcome Metrics 3: Primary SDG target - (Value)16.7
Outcome Metrics 3: Secondary SDG targets - (Value)8.3

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