Second Dutch Social Impact Bond launches monday April 20th!
Society Impact is proud to announce the second Social Impact Bond in The Netherlands. This time round, the city of Utrecht takes centre stage in a bond concerning the reduction of (youth) unemployment and general employability. As with other social impact bonds, the contracts are structured on outcomes payment, meaning the investors (Rabobank Foundation and Start Foundation) will only be paid if the entrepreneur (The Colour Kitchen) achieves the agreed upon outcomes.
Society Impact is an intermediary, specializing in developing social impact bonds, health impact bonds, pay-for-succes contracts and other innovative financial tools between social entrepreneurs, impact investors and (local) Dutch government. Our main focus is social innovation and a reinvigoration of the wellfare system in the public sector, focussing on healthcare, unemployment, integration, education and recidivism.