Impact Bond: Working in Germany (Werken in Duitsland)
Stage of development: Implementation
Policy sector: Employment and training
Intervention: The Dutch Municipality of Enschede, on the border with Germany, has a relatively high unemployment rate. Over the border, the neighbouring German state of North Rhine-Westphalia, has not only a very low unemployment rate but also experiences a labour shortage, with the number of unfilled vacancies expected to rise in the coming years as large sections of the population reach retirement age. Participants receive 4 weeks of intensive training from the Dutch provider's German partner covering technical skills in a range of trades (e.g. construction, plumbing, welding), German language and cultural differences, and a visit to a German employer. Upon completion of the course, they enter into a 4 week internship with a German employer leading to a potential contract of at least 6 months. 
Date outcomes contract signed: 2016-09
Total investment commitment currency: EUR
Total investment commitment: 1100000
Total investment commitment (USD): 1216766.878
Target population: 138 unemployed adults in Eschede in receipt of social assistance.
Targeted number of service users or beneficiaries: 138