Impact Bond: Teens and Toddlers
Stage of development: Complete
Policy sector: Employment and training
Intervention: Teens and Toddlers (now Power2) delivered Aim for More, aiming to support up to 1,681 young people aged 14-15. The project operated in five local authorities: Bury, Rochdale, Stockport, Trafford and Wigan. The aim was for young people to acquire work experience in a nursery, mentoring a disadvantaged toddler, gain entry level qualifications in personal and social development and participate in classroom sessions during an 18 week programme. Following this, they received ongoing support towards their GCSEs, including group meetings, individualised tutoring, and careers coaching and sign-posting. 
Start of service provision: 2015-04
Actual end of service provision: 2018-09
Total investment commitment currency: GBP
Total investment commitment: 1650000
Total investment commitment (USD): 2520833.239
Maximum potential outcome payment: 11800 GBP
Finance notes: The total value of outcome payments claimable for support provided to an individual participant is limited to
£8,200 for Round 1 and £11,700 for Round Two participants.
Target population: Young people aged 14 to 17 years in Greater Manchester who are in care/edge of care, have a history of offending/at risk of offending and/or other risky behaviour (eg drugs/teen pregnancy), have behavioural or mental health issues and are truanting
Notes:  The SIB was managed through a SPV, which included intermediary support from Social Finance, a SIB advisor.