Sticking Together Social Impact Bond

Deal description
This investment will fund the expansion of the Sticking Together Project in NSW. The program objects to work with approximately 870 young people experiencing multiple and complex barriers to employment, utilising an intensive coaching model to improve participants’ engagement in productive activities. The Sticking Together Project will be delivered by SYC, a not-for-profit organisation focused on employment, training and youth services.
Financial Return
7.1% IRR
Social Return
46,000 weeks of coaching delivered to approximately 870 young people. Additional 290,000 hours spent in work or work-like activities, over an historic baseline.
Issuing organisation
- Social Ventures Australia
Size
- $5M
Minimum Investment
- $50,000
Investment Type
- Hybrid
Investor Type
- Sophisticated/Wholesale Investors only
Term
- 4.5 years
Impact Focus
- Employment
Location
- NSW
Contact
Name
Casey Taylor
Website
www.socialventures.com.au/work/sticking-together-social-impact-bond/
ctaylor@socialventures.com.au
Phone
0431 876 263