Impact Bond: Kotouttamisen SIB (Integration Project)
Stage of development: Complete
Policy sector: Employment and training
Intervention: To employ 2,500 immigrants within the next three years and help employers get the skilled workforce they need.
To help immigrants become part of the Finnish society through education, training and employment.
To provide vocationally oriented language and other training to immigrants in support of finding employment.

Date outcomes contract signed: 2017-01
Start of service provision: 2017
Anticipated end of service provision: 2020
Actual end of service provision: 2022
Total investment commitment currency: EUR
Total investment commitment: 14300000
Total investment commitment (USD): 16114538.6
Target population:  Immigrants aged 17-63, who have been granted a residence permit on the basis of international protection and who have registered as unemployed job seekers at the Employment and Economic Development Office
Notes: Value capture - Maximum payments possible:
€1500 fixed fee for each completed
integration training + 50% of tax
collections and employment benefit
savings versus control group