Project
| ID | INDIGO-POJ-0317 |
|---|---|
| Impact Bond Name - (Value) | Ava now - Austria |
| Alternative Names - (Value) | (PERSPECTIVE: DIGITIZATION project) |
| Stage of Development - (Value) | Complete |
| Stage of Development - (Source ID's) | source1 |
| Dates - Actual completion date - (Value) | 2024-03 |
| Dates - Start date of service provision - (Value) | 2020-05 |
| Dates - Actual end date of service provision - (Value) | 2023-10 |
| Dates - (Source ID's) | source2 |
| Jurisdiction - Jurisdiction - (Value) | AT |
| Overall project finance - Total investment commitment - Currency - (Value) | EUR |
| Overall project finance - Total investment commitment - Amount - Exact - (Value) | 300000 |
| Overall project finance - Total investment commitment - Amount USD - Exact - (Value) | 341999.99999999994 |
| Overall project finance - (Source ID's) | source1 |
| Overall project finance - (Notes) | The ERSTE Foundation pre-financed the project with EUR 300,000. |
| Purpose and classifications - Social challenge - (Value) | Supporting the independence and quality of life of people with disabilities, and at the same time empowering unemployed women. |
| Purpose and classifications - Intervention - (Value) | Atempo offers a digital platform for the efficient coordination of people in need of assistance and unemployed women. The platform provides online training to support women in qualifying for the labour market. With professional training and mentoring, unemployed women are trained to support people with disabilities and thus find meaningful and flexible employment. |
| Purpose and classifications - Policy sector - (Value) | Employment and training |
| Purpose and classifications - Primary SDG goal - (Value) | 10 |
| Purpose and classifications - Secondary SDG goals - (Value) | 8 |
| Purpose and classifications - (Source ID's) | source1, source2 |
| Service and beneficiaries - Target population - (Value) | Unemployed women , especially women with low educational qualifications, after maternity leave or family care leave. |
| Service and beneficiaries - Unit type of targeted service users or beneficiaries - (Value) | Individual |
| Service and beneficiaries - (Source ID's) | source1 |
| Delivery Locations 1: Service Provision ID - (Value) | deliverylocation1 |
| Delivery Locations 1: Location - Name - (Value) | Vienna |
| Delivery Locations 1: Location - Country - (Value) | AT |
| Delivery Locations 1: Lat/Lng - Lat - (Value) | 48.2081 |
| Delivery Locations 1: Lat/Lng - Lng - (Value) | 16.3713 |
| Sources 1: Id | source1 |
| Sources 1: Name - (Value) | Social Impact Bond enables women to return to work in the care of people with disabilities |
| Sources 1: Type - (Value) | Website |
| Sources 1: URL - (Value) | https://www.ots.at/presseaussendung/OTS_20240529_OTS0052/social-impact-bond-ermoeglicht-frauen-den-beruflichen-wiedereinstieg-in-der-betreuung-von-menschen-mit-behinderung-bild |
| Sources 1: Archive URL - (Value) | https://www.ots.at/presseaussendung/OTS_20240529_OTS0052/social-impact-bond-ermoeglicht-frauen-den-beruflichen-wiedereinstieg-in-der-betreuung-von-menschen-mit-behinderung-bild |
| Sources 2: Id | source2 |
| Sources 2: Name - (Value) | ERSTE S Social Finance - website |
| Sources 2: Type - (Value) | Website |
| Sources 2: URL - (Value) | https://www.erstegroup.com/de/ueber-uns/social-banking/social-finance/social-impact-bonds |
| Sources 2: Archive URL - (Value) | https://www.erstegroup.com/de/ueber-uns/social-banking/social-finance/social-impact-bonds |
| Sources 3: Id | source3 |
| Sources 3: Name - (Value) | Completion of the Ava Social Impact Bond to promote social innovation in disability care (in German) - press release |
| Sources 3: Type - (Value) | Website |
| Sources 3: URL - (Value) | https://golab.bsg.ox.ac.uk/documents/240521-ESF-SIB-Flyer-WEB.pdf |
| Service Provisions 1: Id | serviceprovision1 |
| Service Provisions 1: Organisation ID - (Value) | INDIGO-ORG-1626 |
| Service Provisions 1: Organisation Role Category - (Value) | Other |
| Service Provisions 1: Intervention - (Value) | With professional education and mentoring, Atempo trains unemployed women to assist disabled people and thus enter into meaningful and flexible employment. For this purpose the platform ava was created: https://ava.services/was-ist-ava/. |
| Service Provisions 1: Planned Service - Start - (Value) | 2020-05 |
| Service Provisions 1: Planned Service - End - (Value) | 2024-03 |
| Outcome Payment Commitments 1: Organisation ID - (Value) | INDIGO-ORG-1627 |
| Outcome Payment Commitments 1: Organisation Role Category - (Value) | Government/Public Sector/Public Bank |
| Outcome Payment Commitments 1: Notes | Since the project achieved its objectives, the Ministry of Social Affairs is paying back the pre-financed amount. |
| Investments 1: Id | investments1 |
| Investments 1: Organisation ID - (Value) | INDIGO-ORG-0206 |
| Investments 1: Organisation Role Category - (Value) | Foundation/Philanthropist |
| Investments 1: Investment Commitment - Currency - (Value) | EUR |
| Investments 1: Investment Commitment - Amount - Exact - (Value) | 300000 |
| Investments 1: Investment Commitment - Amount USD - Exact - (Value) | 342000 |
| Intermediary services 1: Organisation ID - (Value) | INDIGO-ORG-1625 |
| Intermediary services 1: Organisation Role Category - (Value) | Technical assistance |
| Intermediary services 1: Notes | Intermediary for the project on behalf of the Ministry of Social Affairs |
| Intermediary services 2: Organisation ID - (Value) | INDIGO-ORG-1630 |
| Intermediary services 2: Organisation Role Category - (Value) | Other |
| Intermediary services 2: Other Role Description - (Value) | Evaluator |
| Intermediary services 2: Notes | External evaluator |
| Results 1: Result level - (Value) | Project level |
| Results 1: Result type - (Value) | Final |
| Results 1: Period - Start - (Value) | 2020-05 |
| Results 1: Period - End - (Value) | 2023-10 |
| Results 1: Outcomes achieved - (Value) | 88 women started the training on the AVA platform, 74 completed the training, 52 women meet SIB criteria and 29 women have found jobs as nursing assistants. In total, the project recorded 25,879 officially recognized working hours. |
| Documents 1: Title - (Value) | Press release: Completion of Ava Social Impact Bond to promote social innovation in disability care (in German) |
| Documents 1: URL - (Value) | https://golab.bsg.ox.ac.uk/documents/240521-ESF-SIB-Flyer-WEB.pdf |