Project
| ID | INDIGO-POJ-0302 |
|---|---|
| Impact Bond Name - (Value) | Istanbul Kodluyor (Istanbul codes) |
| Alternative Names - (Value) | Turkiye Outcomes Partnership |
| Stage of Development - (Value) | Implementation |
| Stage of Development - (Source ID's) | source1 |
| Social Investment Prototype - (Value) | NO |
| Dates - Date outcomes contract signed - (Value) | 2023-05 |
| Dates - Start date of service provision - (Value) | 2023-08 |
| Dates - Anticipated end date of service provision - (Value) | 2025-07 |
| Dates - (Source ID's) | source1,source2 |
| Jurisdiction - Jurisdiction - (Value) | TR |
| Jurisdiction - (Source ID's) | source1 |
| Overall project finance - Total investment commitment - Currency - (Value) | USD |
| Overall project finance - (Source ID's) | source,source2 |
| Purpose and classifications - Social challenge - (Value) | The Istanbul Codes Project aims to improve young people's skills and capacities by providing them with technical training. Young graduates of software training programs will be supported to find work in the ICT sector. |
| Purpose and classifications - Intervention - (Value) | The purpose of the project is to provide 600 unemployed young people with skills and integrate them into the workforce. Companies will also be able to meet their demand for trained human resources in the software area. |
| Purpose and classifications - Policy sector - (Value) | Employment and training |
| Purpose and classifications - Primary SDG goal - (Value) | 8 |
| Purpose and classifications - Secondary SDG goals - (Value) | 5 |
| Purpose and classifications - (Source ID's) | source1 |
| Service and beneficiaries - Target population - (Value) | Young adults aged 18-35 in Istanbul, who are not currently in education and have been unemployed for at least 12 months. |
| Service and beneficiaries - Targeted number of unique service users or beneficiaries (total) - (Value) | 600 |
| Service and beneficiaries - Unit type of targeted service users or beneficiaries - (Value) | Individual |
| Service and beneficiaries - (Source ID's) | source1 |
| Service and beneficiaries - (Notes) | Individuals between the ages of 18 and 35 with at least a high school graduate who have been unemployed for at least a year and want to work in the software business can apply for the program. |
| Delivery Locations 1: Service Provision ID - (Value) | deliverylocation1 |
| Delivery Locations 1: Location - Name - (Value) | Istanbul |
| Delivery Locations 1: Location - Country - (Value) | TR |
| Delivery Locations 1: Lat/Lng - Lat - (Value) | 41.0082 |
| Delivery Locations 1: Lat/Lng - Lng - (Value) | 28.9784 |
| Sources 1: Id | source1 |
| Sources 1: Name - (Value) | Türkiye's first social impact project: Istanbul Codes |
| Sources 1: Type - (Value) | Press release |
| Sources 1: URL - (Value) | https://www.trtworld.com/turkiye/turkiyes-first-social-impact-project-istanbul-codes-14527244 |
| Sources 1: Publication Date - (Value) | 2023-08-18 |
| Sources 1: Accessed Date - (Value) | 2023-09-04 |
| Sources 2: Id | source2 |
| Sources 2: Name - (Value) | Email correspondence with Bridges Fund Management on 25 June 2024 |
| Sources 2: Type - (Value) | Email correspondence |
| Service Provisions 1: Id | serviceprovision1 |
| Service Provisions 1: Organisation ID - (Value) | INDIGO-ORG-1588 |
| Service Provisions 1: Intervention - (Value) | Providing training to unemployed young people and support with finding employment. |
| Service Provisions 1: Planned Service - Start - (Value) | 2023-08 |
| Service Provisions 1: Planned Service - End - (Value) | 2025-07 |
| Outcome Payment Commitments 1: Organisation ID - (Value) | INDIGO-ORG-1589 |
| Outcome Payment Commitments 1: Organisation Role Category - (Value) | Government/Public Sector/Public Bank |
| Outcome Payment Commitments 1: Maximum potential Outcome payment - Currency - (Value) | USD |
| Outcome Payment Commitments 1: Maximum potential Outcome payment - Amount - (Value) | 1250000 |
| Outcome Payment Commitments 1: Maximum potential Outcome payment - Amount USD - (Value) | 1250000 |
| Intermediary services 1: Organisation ID - (Value) | INDIGO-ORG-0121 |
| Outcome Metrics 1: Id | outcomemetric1 |
| Outcome Metrics 1: Outcome Definition - (Value) | Young Adults commencing the core technical training |
| Outcome Metrics 1: Target Population - (Value) | Young adults aged 18-35 in Istanbul, who are not currently in education and have been unemployed for at least 12 months. |
| Outcome Metrics 1: Unit type of targeted Service users or beneficiaries - (Value) | Individual |
| Outcome Metrics 1: Unit description of Service user or beneficiaries - (Value) | No. of people |
| Outcome Metrics 1: Outcome metric target - (Value) | 600 |
| Outcome Metrics 2: Id | outcomemetric2 |
| Outcome Metrics 2: Outcome Definition - (Value) | Young adults entering jobs in the ICT secor |
| Outcome Metrics 2: Target Population - (Value) | All young adults starting the programme |
| Outcome Metrics 2: Unit type of targeted Service users or beneficiaries - (Value) | Individual |
| Outcome Metrics 2: Unit description of Service user or beneficiaries - (Value) | No. of people |
| Outcome Metrics 2: Outcome metric target - (Value) | 450 |
| Outcome Metrics 3: Id | outcomemetric3 |
| Outcome Metrics 3: Outcome Definition - (Value) | Young aduts sustaining their jobs for 6 months |
| Outcome Metrics 3: Target Population - (Value) | All young adults starting the programme |
| Outcome Metrics 3: Unit type of targeted Service users or beneficiaries - (Value) | Individual |
| Outcome Metrics 3: Unit description of Service user or beneficiaries - (Value) | No. of people |
| Outcome Metrics 3: Outcome metric target - (Value) | 370 |
| Outcome Metrics 4: Id | outcomemetric4 |
| Outcome Metrics 4: Outcome Definition - (Value) | Ratio of female participants sustaining their jobs for 6 months |
| Outcome Metrics 4: Target Population - (Value) | Female young adults starting the programme |
| Outcome Metrics 4: Unit type of targeted Service users or beneficiaries - (Value) | Other |
| Outcome Metrics 4: Unit description of Service user or beneficiaries - (Value) | Ratio of females as a % of total young adults sustaining jobs for 6 months |
| Outcome Metrics 4: Outcome metric target - (Value) | 0.25 |
| Documents 1: Title - (Value) | A First in Türkiye: Social Impact Bond Launched! (press release) |
| Documents 1: URL - (Value) | https://www.eydk.org/wp-content/uploads/2023/08/Social-Impact-Bond-Press-Bulletin.pdf |