Case 07 · Employment, Belgium, 2014 to 2023
Three Brussels social impact bonds moved young people and migrants into work.
| Instrument | Social impact bonds: DUO for a JOB, Actiris IOD, BeCode |
|---|---|
| Amount | EUR 347k, EUR 2.2m, EUR 2.5m |
| Outcome funder | Actiris, the Brussels employment agency |
| Investors | High net worth individuals and foundations |
| Investor returns | 4 percent achieved, up to 7.5 percent, up to 6 percent |
| Outcome metric | Ninety working days within one year |
40 percent employment against 19 percent for the control group
242 contracts of ninety days or more
EUR 2.15m estimated state savings, against about EUR 38,400 per job seeker a year
For you: a domestic public agency can be the outcome funder for youth employment.