Impact Bond: Futureshapers Sheffield
Stage of development: Complete
Policy sector: Employment and training
Intervention: As part of the Youth Engagement Fund, the SIB aims to help disadvantaged young people aged 14 to 17 to participate and succeed in education or training. This aimed to improve their employability, reduce their long term dependency on benefits, and reduce their likelihood of offending. The programme aimed to provide wrap-around support to young people through a personal mentor over an extended time-period, as well as group work, skills development, enrichment activities, work experience opportunities and spot purchasing of specialist support. 
Start of service provision: 2015-04
Actual end of service provision: 2018-09
Total investment commitment currency: GBP
Total investment commitment: 1125000
Total investment commitment (USD): 1718749.936
Maximum potential outcome payment: 4000000 
Target population: Young people aged 14 to 17 in Sheffield who have poor attendance at or have been excluded from school, who have experience in the youth justice system, are ‘looked after’, have special educational needs or disability, or are teen parents
Notes: The project was managed by an SPV, which included intermediary support from Triodos Bank.