Impact Bond: ATMAH
Stage of development: Implementation
Policy sector: Employment and training
Intervention: As the first SIB in the Gulf, ATMAH will launch a new vocational pilot training programme, designed to equip People of Determination in Abu Dhabi with employability skills and help them secure permanent employment. The aim is that, through the programme, students will benefit from gaining life skills, vocational training, work placement and a permanent job. Their families will gain a better quality of life as their child becomes increasingly independent and employers in Abu Dhabi will benefit from a more diverse workforce. In addition, it gives teachers the opportunity to improve their skills and confidence with People of Determination, as well as testing a new curriculum. The pilot will be assessed at the end of a 15-month programme to determine its success and the next steps will be decided.
Date contracts between all parties signed: 2020-03
Start of service provision: 2020-04
Anticipated end of service provision: 2021-07
Total investment commitment currency: AED
Total investment commitment: 2000000
Total investment commitment (USD): 544588.1552
Maximum potential outcome payment: 2000000 AED
Target population: 25 students of determination with learning disabilities.
Targeted number of service users or beneficiaries: 25
Notes: The ZHO (Zayed Higher Organisation for People of Determination) will adopt a supervisory role and will support the programme through the provision of comprehensive evaluation services.