Impact Bond: Buzinezzclub (Utrecht)
Stage of development: Implementation
Policy sector: Employment and training
Intervention: The Buzinezzclub helps young people discover their passions and work towards starting their own company. Volunteer "coaches" provide support with writing business plans and developing skills, and where starting a business is not attainable, young people receive support to find employment or enter education. Young people can refer themselves to the service, or are referred via social services and the Municipality of Utrecht.
Date outcomes contract signed: 2015-11
Start of service provision: 2016
Total investment commitment currency: EUR
Total investment commitment: 2100000
Total investment commitment (USD): 2322918.585
Target population: Youth (aged 18 to 30) without qualifications / underqualified in Utrecht who receive unemployment benefits.
Targeted number of service users or beneficiaries: 540