Project
| ID | INDIGO-POJ-0054 |
|---|---|
| Impact Bond Name - (Value) | Werkplaats Rotterdam-Zuid (WRZ or Workplace Rotterdam South) |
| Stage of Development - (Value) | Implementation |
| Dates - Date outcomes contract signed - (Value) | 2015-09 |
| Dates - (Source ID's) | source2 |
| Overall project finance - Total investment commitment - Currency - (Value) | EUR |
| Overall project finance - Total investment commitment - Amount - Exact - (Value) | 3000000 |
| Overall project finance - Total investment commitment - Amount USD - Exact - (Value) | 3327200.336 |
| Purpose and classifications - Intervention - (Value) | Workplace Rotterdam South (WRZ) is a collection of several private companies in a shared workspace in South Rotterdam, an area with high unemployment rates. Jobseekers are referred to the service by the municipal labour authority and are assessed, with suitable candidates being offered immediately a position with one of the companies. They are then mentored by senior employees and managers to build their confidence and sustain employment. Participating companies are commercial companies, encouraging jobseekers to upskill quickly and take on responsibility. |
| Purpose and classifications - Policy sector - (Value) | Employment and training |
| Purpose and classifications - (Source ID's) | source2 |
| Service and beneficiaries - Target population - (Value) | People who have become distanced from the labour market in Rotterdam South and are social benefits claimant. |
| Service and beneficiaries - Targeted number of unique service users or beneficiaries (total) - (Value) | 750 |
| Service and beneficiaries - (Source ID's) | source4 |
| Delivery Locations 1: Location - Name - (Value) | Rotterdam, the Netherlands |
| Delivery Locations 1: Location - Country - (Value) | NL |
| Delivery Locations 1: Lat/Lng - Lat - (Value) | 51.916892 |
| Delivery Locations 1: Lat/Lng - Lng - (Value) | 4.454617 |
| Sources 1: Id | source1 |
| Sources 1: Name - (Value) | Deloitte 2014 Werkplaats Rotterdam Zuid Report (Dutch) on https://www.eurodiaconia.org/wordpress/wp-content/uploads/2016/07/Deloitte-Rapport-Werkplaats-Rotterdam-Zuid-002.pdf accessed 26 July 2019. See also Social Finance Database https://sibdatabase.socialfinance.org.uk/?project_id=5 accessed 26 July 2019 |
| Sources 2: Id | source2 |
| Sources 2: Name - (Value) | Social Finance Database https://sibdatabase.socialfinance.org.uk/?project_id=5 accessed 26 July 2019 |
| Sources 3: Id | source3 |
| Sources 3: Name - (Value) | Social Finance Database https://sibdatabase.socialfinance.org.uk/?project_id=5 accessed 26 July 2019. See also Erasmus Uni Webpage https://www.eur.nl/ice/social-impact-bond-wrz-gemeente-rotterdam-social-impact-finance accessed 26 July 2019. |
| Sources 4: Id | source4 |
| Sources 4: Name - (Value) | Social Finance Database https://sibdatabase.socialfinance.org.uk/?project_id=5 accessed 26 July 2019. |
| Service Provisions 1: Id | serviceprovision1 |
| Service Provisions 1: Organisation ID - (Value) | INDIGO-ORG-0688 |
| Outcome Payment Commitments 1: Organisation ID - (Value) | INDIGO-ORG-0176 |
| Investments 1: Id | investment1 |
| Investments 1: Organisation ID - (Value) | INDIGO-ORG-0689 |
| Investments 1: Investment Commitment - Currency - (Value) | EUR |
| Investments 1: Investment Commitment - Amount - Exact - (Value) | 3000000 |
| Investments 1: Investment Commitment - Amount USD - Exact - (Value) | 3327200.336 |
| Outcome Metrics 1: Id | outcomemetric1 |
| Outcome Metrics 1: Outcome Definition - (Value) | Reduction in benefit days. |
| Outcome Metrics 1: Targeted number of service users Or beneficiaries (total) - (Value) | 750 |
| Outcome Metrics 1: Primary SDG goal - (Value) | 8 |
| Outcome Metrics 1: Primary SDG target - (Value) | 8.5 |