Impact Bond: Werkplaats Rotterdam-Zuid (WRZ or Workplace Rotterdam South)
Stage of development: Implementation
Policy sector: Employment and training
Intervention: Workplace Rotterdam South (WRZ) is a collection of several private companies in a shared workspace in South Rotterdam, an area with high unemployment rates. Jobseekers are referred to the service by the municipal labour authority and are assessed, with suitable candidates being offered immediately a position with one of the companies. They are then mentored by senior employees and managers to build their confidence and sustain employment. Participating companies are commercial companies, encouraging jobseekers to upskill quickly and take on responsibility. 
Date outcomes contract signed: 2015-09
Total investment commitment currency: EUR
Total investment commitment: 3000000
Total investment commitment (USD): 3327200.336
Target population: People who have become distanced from the labour market in Rotterdam South and are social benefits claimant.
Targeted number of service users or beneficiaries: 750