Social Impact Bond
Location: London, United Kingdom
Launch date: 2018
Duration: 60 months
Capital raised: N/A
Policy area: Employment
Government outcomes fund: Life Chances Fund (Department for Digital, Culture, Media & Sports, Big Lottery Fund)
Commissioners: DFN Charitable Foundation, Department for Digital, Culture, Media and Sport (DCMS) (Central government)
Providers: Think Forward UK (Charity Number: 1152862)
Investors: Big Issue Invest
SIB structure: Intermediated
Target population: The programme is going to work with young people aged 14-25. The programme has defined enrolment criteria, only selecting young people with mild to moderate learning disabilities.
Size of cohort: 358
DFN-Move Forward is a unique school to work employability programme that will support young people aged 14-25 with mild to moderate learning disabilities to develop the aspirations, qualifications and skills they need to realise their potential and gain paid employment. The project includes the engagement of parents and staff at mainstream and special schools and colleges and Local Authorities. It will provide holistic and personalised 1:1 coaching support, comprehensive careers IAG tailored to the specific cohort, employability activities including work-based insight days, skills workshops, mentoring, volunteering and work experience. Multi-stakeholder engagement is at the heart of the project and it will drive systemic change whereby parents will increase their aspirations and schools and employers will have increased capacity to support young people more effectively.
DFN-MoveForward builds on ThinkForward’s existing programme, which was designed in 2011 as a social impact bond and used evidence based approaches to support those most at risk of NEET.
Young people with mild to moderate learning disabilities will enter and sustain paid employment
Young people become work-ready through participation in 4+ workplace activities
Young people complete the ThinkForward work skills BTEC/alternative in-school qualification