The first Belgian Social Impact Bond (and one of the first on the European continent) has been officially launched. This achievement was reached in a record timing of less than a year, by an informal team of professionals including EVPA member Kois Invest.

This new Social Impact Bond brings together actors from the public sector (Actiris, the Brussels agency for employment), a non-profit (Duo for a Job) and social investors (gathered by Kois Invest) in a quest for a common objective: the reduction of unemployment among young migrants in Brussels.

To read more visit the European Venture Philanthropy Association.

Source: SIB Newsletter

Published: April 30, 2014. Categories: News and Social Impact.