Impact Bond: PERSPEKTIVE: ARBEIT - Ökonomisches und soziales empowerment von gewaltbetroffenen Frauen  (Perspective: Work - Economic and social empowerment for women affected by violence)
Stage of development: Complete
Policy sector: Employment and training
Intervention: During the counseling and placement process, the appropriate type of support is determined on an individual basis by working closely with existing services and programs offered by the Austrian Public Employment Service (Arbeitmarktservice – AMS) and women’s organisations. The participating women are given a safe environment and receive intensive councelling to identify and reduce their barriers to employment. After being successfully placed in employment, the women receive follow-up support. 
Start of service provision: 2015-09
Actual end of service provision: 2018-08
Total investment commitment currency: EUR
Total investment commitment: 804688
Total investment commitment (USD): 892452.7279917228
Finance notes: Financing is generally done by issuing loans that are repaid to the upfront financiers at a low interest rate of 1% p.a. if the predefined goals are met. Juvat gGmbH waives interest on the funding it provides. The value of 'total investment commitment' corresponds to the funding provided including 1 % p.a. interest on the loans.
Target population: Women affected by violence in the state of Upper Austria who have been in contact with a women’s shelter or a Center for Protection Against Violence (Gewaltschutzzentrum) in Upper Austria within the last 24 months, are legal residents of Austria, are of working age, and have valid work permits, do not earn a living wage, or are at risk of losing their jobs due to their stay in a women's shelter or their affection by violence. 
Targeted number of service users or beneficiaries: 75
Targeted unit type: Individual
Actual number of service users or beneficiaries engaged: 75
Actual unit type: Individual
Notes: 1) The Federal Minister of the Austrian Public Emloyment Service announced in a press release in 11/2018 that the programme will receive funding for another year, but it could not be verified whether the programme was actually continued. The programme is supposed to be continued by the Austrian Public Emloyment Service from 2020. 2) Considering the context, "project duration" was interepreted as service delivery duration ("which stipulates that for the duration of the project (from September 2015 to August 2018) a defined number of women affected by violence will be placed in jobs"). 3) Key source: The first Austrian social impact bond: Economic and social empowerment for women affected by violence (Juvat). 4) Further co-operation partners: Austrian Public Employment Service and federal state "Upper Austria" (provider side) and federal state "Upper Austria" and Federal Ministry for Education and Women (commissioner side). 5) Figure in max outcomes funding is described as "Premium (amount corresponds to the funding provided including 1% p.a. interest on the loans)" 6) The press release reports that the targets were not met, so no outcomes payments were made. However, it is not possible to reconcile the reported numbers of target and achieved outcomes.