1/2A great SIB case study of #Belgium Duo for a Job which ran 2014-2017 by #KOIS supporting young #unemployed immigrants to find 1st jobs

Impact
✅322 Duos created
✅Cost per job created 💶2,610
✅133 job placements for Duos’ mentees
✅💶763,000 saved generated via SIB

Curtain down for our 2 day Roundatable with
Share Network; on #Philanthropy & #Innovative Financing 4 Refugee Sponsorship & Complementary Pathways

Huge thanks to all participants who delivered amazing knowledge in a very lively & engaging way

#Refugees

Interesting discussion this morning on social impact bonds, with thanks to Irish Refugee Council. We need to explore innovative ways to finance refugee sponsorship and hosting!

Impact Bonds: The first #refugee impact bond was launched in Jordan in 2021 targeting #Syrian refugees & vulnerable host communities

Near East Foundation to deliver vocational, entrepreneurship & resilience supporting 4,380 refugees & 17% increase in household consumption

Day 2 of #Roundtable we’re co-hosting with Share Network

Great case studies on innovative financing for #refugee #inclusion being implemented in different parts of the world being shared

Social Impact Bonds: Focused on outcomes not activities. It’s not just about quantity. It is equally about #quality & #soft indicators

✅It’s not about just getting the job, it’s about the quality of the job

#innovation #financing #philanthropy #banks

A #Social impact bond (SIB) is a blend of public/philanthropy & private finance to spread the risk

☑️Benefits innovation & flexibility

🔘Foster stakeholder coordination & partnerships

🔘Pay for outcomes

Helping chair todays Irish Refugee Council session on social impact bonds / results based financing. Listening to ongoing European projects. Department of Rural and Community Development Pobal Social Finance Ireland

Day 2 of our #Roundtable on #Philanthropy & #Innovative Financing for Refugee Sponsorship & Complementary Pathways

#Focus :How to leverage innovative finance to support legal pathways & #refugees inclusion

1st session is on Social Impact Bonds presented by @DLAPiper staff

Delighted to have been invited to speak at the Irish Refugee Council conference today on community sponsorship

Very interesting roundtable on philanthropy and refugee community sponsorship in Dublin organized by Share Network and Irish Refugee Council

It’s critical to back up Community Sponsorship & Complementary Pathways with education & labour #access to ensure sustainability, growth & inclusive development

The level of participation in Community Sponsorship in #rural communities is very high

However it’s important to
Have good coordination⛓
Build partnerships&trust👩‍👩‍👦‍👦
Raising awareness in host communities🏘
Funding support💳 & training of groups
Done by #professionals 👩‍🏫