Project
| ID | INDIGO-POJ-0053 |
|---|---|
| Impact Bond Name - (Value) | Working in Germany (Werken in Duitsland) |
| Stage of Development - (Value) | Implementation |
| Dates - Date outcomes contract signed - (Value) | 2016-09 |
| Dates - (Source ID's) | source2 |
| Overall project finance - Total investment commitment - Currency - (Value) | EUR |
| Overall project finance - Total investment commitment - Amount - Exact - (Value) | 1100000 |
| Overall project finance - Total investment commitment - Amount USD - Exact - (Value) | 1216766.878 |
| Purpose and classifications - Intervention - (Value) | The Dutch Municipality of Enschede, on the border with Germany, has a relatively high unemployment rate. Over the border, the neighbouring German state of North Rhine-Westphalia, has not only a very low unemployment rate but also experiences a labour shortage, with the number of unfilled vacancies expected to rise in the coming years as large sections of the population reach retirement age. Participants receive 4 weeks of intensive training from the Dutch provider's German partner covering technical skills in a range of trades (e.g. construction, plumbing, welding), German language and cultural differences, and a visit to a German employer. Upon completion of the course, they enter into a 4 week internship with a German employer leading to a potential contract of at least 6 months. |
| Purpose and classifications - Policy sector - (Value) | Employment and training |
| Purpose and classifications - (Source ID's) | source2 |
| Service and beneficiaries - Target population - (Value) | 138 unemployed adults in Eschede in receipt of social assistance. |
| Service and beneficiaries - Targeted number of unique service users or beneficiaries (total) - (Value) | 138 |
| Service and beneficiaries - (Source ID's) | source2 |
| Delivery Locations 1: Location - Name - (Value) | Enschede, The Netherlands |
| Delivery Locations 1: Location - Country - (Value) | NL |
| Delivery Locations 1: Lat/Lng - Lat - (Value) | 52.212981 |
| Delivery Locations 1: Lat/Lng - Lng - (Value) | 6.893665 |
| Sources 1: Id | source1 |
| Sources 1: Name - (Value) | Municipality of Enschede Factsheet (Dutch) https://www.enschede.nl/sites/default/files/factheet-sib-werken-in-duitsland--online-versie-gem-enschede.pdf accessed 26 July 2019. |
| Sources 2: Id | source2 |
| Sources 2: Name - (Value) | Social Finance Database https://sibdatabase.socialfinance.org.uk/?project_id=71 accessed 26 July 2019. |
| Sources 3: Id | source3 |
| Sources 3: Name - (Value) | ABN AMRO https://www.abnamro.com/en/newsroom/newsarticles/2016/worlds-first-cross-border-social-impact-bond-helps-jobseekers-in-enschede-find-work-in-germany.html accessed 28 July 2019 |
| Service Provisions 1: Id | serviceprovision1 |
| Service Provisions 1: Organisation ID - (Value) | INDIGO-ORG-0892 |
| Service Provisions 1: Notes | service provision in Germany |
| Service Provisions 2: Id | serviceprovision2 |
| Service Provisions 2: Organisation ID - (Value) | INDIGO-ORG-0895 |
| Service Provisions 2: Notes | service provision in the Netherlands |
| Outcome Payment Commitments 1: Organisation ID - (Value) | INDIGO-ORG-0894 |
| Investments 1: Id | investment1 |
| Investments 1: Organisation ID - (Value) | INDIGO-ORG-0448 |
| Investments 2: Id | investment2 |
| Investments 2: Organisation ID - (Value) | INDIGO-ORG-0177 |
| Investments 3: Id | investment3 |
| Investments 3: Organisation ID - (Value) | INDIGO-ORG-0895 |
| Intermediary services 1: Organisation ID - (Value) | INDIGO-ORG-0893 |
| Outcome Metrics 1: Id | outcomemetric1 |
| Outcome Metrics 1: Outcome Definition - (Value) | Reduction in unemployment benefit entitlement. Success is measured by the reduction in number of days of unemployment social assistance that participants are entitled to, relative to a control group. |
| Outcome Metrics 1: Targeted number of service users Or beneficiaries (total) - (Value) | 138 |
| Outcome Metrics 1: Primary SDG goal - (Value) | 8 |
| Outcome Metrics 1: Primary SDG target - (Value) | 8.5 |