Presentation OECD Paris

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13-06-22 Social Impact Bonds City of Rotterdam OECD, Paris April 15, 2015 Tjalling de Vries Program manager SIB

Transcript of Presentation OECD Paris

Page 1: Presentation OECD Paris

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Social Impact Bonds

City of Rotterdam

OECD, ParisApril 15, 2015

Tjalling de VriesProgram manager SIB

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Social Impact Bonds Rotterdam – target group

Target group SIB Buzinezzclub: unemployed youth

Possible future groups: unaccounted possibilities

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The objective of the Rotterdam Buzinezzclub SIB

From unemployment to work! Focus on entrepreneurship

•Results for participants: - A job- From loser to winner- Improved self esteem and a changed way of life

•Results for government: - Less unemployment- Increased number of entrepreneurs - Less youth without a school diploma- Less violence and poverty

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Intervention approach

Buzinezzclub Rotterdam guides the members with three programs, for 4 – 6 months:

1.Developing entrepreneurs skills - business education- management skills

2.Personal development- responsibility, from victim to self control- realistic dreams and self esteem

3.Help with personal problems- debt reducing, drug abuse, etc

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Financial arrangements

2014: ca € 300.000 80 youngsters2015: ca € 300.000 80 youngsters

Succesfull intervention?

YES!

2015: initial investment plus part profit2016: initial investment plus part profit2017-2018: profit based on sustainable employment rate

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Measuring results

Measuring Model: the Ortec Finance Model

Basics: the model calculates the number of days

selected members of the Buzinezzclub are forecasted to

receive municipal welfare. Based on specific variables

and historical numbers.

Deloitte acts as the independent thirth. By measuring

the members of the Buzinezzclub before and after their

participation in the Buzinezzclub. This defines the

actual amount the city government saves on welfare.