Project
| ID | INDIGO-POJ-0260 |
|---|---|
| Impact Bond Name - (Value) | Public Education & Business Coalition |
| Stage of Development - (Value) | Implementation |
| Stage of Development - (Source ID's) | source1 |
| Dates - (Source ID's) | source1 |
| Dates - (Notes) | Duration: 3 years |
| Overall project finance - Total investment commitment - Currency - (Value) | USD |
| Overall project finance - Total investment commitment - Amount - Min - (Value) | 1400000 |
| Overall project finance - Total investment commitment - Amount USD - Min - (Value) | 1400000 |
| Overall project finance - (Source ID's) | source2 |
| Purpose and classifications - Social challenge - (Value) | Difficulties in hiring new teachers in secondary schools in Colorado, US. |
| Purpose and classifications - Intervention - (Value) | The project aims to reduce teacher turnover and cut the costs associated with recruiting, onboarding, and training new teachers. |
| Purpose and classifications - Policy sector - (Value) | Education |
| Purpose and classifications - Primary SDG goal - (Value) | 4 |
| Purpose and classifications - (Source ID's) | source1 |
| Service and beneficiaries - Target population - (Value) | Prospective teachers in seven districts of Colorado, including Aurora, Adams 12, and Durango. |
| Service and beneficiaries - Targeted number of unique service users or beneficiaries (total) - (Value) | 335 |
| Service and beneficiaries - Unit type of targeted service users or beneficiaries - (Value) | Individual |
| Service and beneficiaries - (Source ID's) | source1 |
| Service and beneficiaries - (Notes) | Goal/output: Mint 335 new teachers, including a significant number of teachers of color. |
| Delivery Locations 1: Service Provision ID - (Value) | deliverylocation1 |
| Delivery Locations 1: Location - Name - (Value) | Colorado |
| Delivery Locations 1: Location - Country - (Value) | US |
| Delivery Locations 1: Lat/Lng - Lat - (Value) | 39.550053 |
| Delivery Locations 1: Lat/Lng - Lng - (Value) | -105.782066 |
| Sources 1: Id | source1 |
| Sources 1: Name - (Value) | News update from website |
| Sources 1: Type - (Value) | Website |
| Sources 1: URL - (Value) | https://co.chalkbeat.org/2022/9/27/23375898/a-colorado-experiment-aims-to-expand-the-teacher-pipeline-and-stem-turnover |
| Sources 1: Publication Date - (Value) | Sept 28 2022 |
| Sources 1: Accessed Date - (Value) | Oct 5 2022 |
| Sources 2: Id | source2 |
| Sources 2: Name - (Value) | News update from website |
| Sources 2: Type - (Value) | Website |
| Sources 2: URL - (Value) | https://www.pebc.org/pebc-receives-first-in-nation-pay-for-success-financing-that-supports-training-more-high-quality-colorado-teachers/ |
| Sources 2: Publication Date - (Value) | Sept 26 2022 |
| Sources 2: Accessed Date - (Value) | Feb 7 2023 |
| Service Provisions 1: Id | serviceprovider1 |
| Service Provisions 1: Organisation ID - (Value) | INDIGO-ORG-1485 |
| Outcome Payment Commitments 1: Organisation ID - (Value) | INDIGO-ORG-1486 |
| Outcome Payment Commitments 2: Organisation ID - (Value) | INDIGO-ORG-1487 |
| Outcome Payment Commitments 2: Notes | Multiple rural districts in Southwest Colorado are also participating and other schools US School district are also participating in the model |
| Investments 1: Organisation ID - (Value) | INDIGO-ORG-1404 |
| Investments 1: Notes | Revenue from school districts are also used to pay upfront cost of the project |
| Investments 2: Organisation ID - (Value) | INDIGO-ORG-0098 |
| Investments 3: Organisation ID - (Value) | INDIGO-ORG-0564 |
| Investments 4: Organisation ID - (Value) | INDIGO-ORG-1488 |
| Intermediary services 1: Organisation ID - (Value) | INDIGO-ORG-0164 |
| Outcome Metrics 1: Id | outcomemetric1 |
| Outcome Metrics 1: Outcome Definition - (Value) | Resident complete the program |
| Outcome Metrics 1: Target Population - (Value) | Teachers |
| Outcome Metrics 1: Targeted number of service users Or beneficiaries (total) - (Value) | 335 |
| Outcome Metrics 1: Unit type of targeted Service users or beneficiaries - (Value) | Individual |
| Outcome Metrics 1: Policy sector - (Value) | Education |
| Outcome Metrics 1: Primary SDG goal - (Value) | 4 |
| Outcome Metrics 2: Id | outcomemetric2 |
| Outcome Metrics 2: Outcome Definition - (Value) | Resident becoming licensed teachers |
| Outcome Metrics 2: Target Population - (Value) | Teachers |
| Outcome Metrics 2: Targeted number of service users Or beneficiaries (total) - (Value) | 335 |
| Outcome Metrics 2: Unit type of targeted Service users or beneficiaries - (Value) | Individual |
| Outcome Metrics 2: Policy sector - (Value) | Education |
| Outcome Metrics 2: Primary SDG goal - (Value) | 4 |
| Outcome Metrics 3: Id | outcomemetric3 |
| Outcome Metrics 3: Outcome Definition - (Value) | Resident remain in the PFS partner district for three years (their residency year and two additional years of teaching) |
| Outcome Metrics 3: Target Population - (Value) | Teachers |
| Outcome Metrics 3: Targeted number of service users Or beneficiaries (total) - (Value) | 335 |
| Outcome Metrics 3: Unit type of targeted Service users or beneficiaries - (Value) | Individual |
| Outcome Metrics 3: Policy sector - (Value) | Education |
| Outcome Metrics 3: Primary SDG goal - (Value) | 4 |