The New York Times: Job Training That’s Free Until You’re Hired Is a Blueprint for Biden
Social Finance Announces New Career Impact Bond with American Diesel Training Centers to Expand Access to Economic Mobility
The impact investing nonprofit is helping to finance diesel technician training amidst shortage ...
Read MoreManaging the Future of Work: Social Finance: Trainers Make the Grade When Students Get Good Jobs
Excerpted from the Future of Work...
Read MoreMarket Watch: Here’s a Rewarding Investment: Boost the U.S. Recovery by Helping Workers Get the Skills They Need
Excerpted from Market Watch....
Read MoreTreasury and Labor Departments Award Funding for the First Social Impact Partnership Project
Today, the U.S. Department of the Treasury and the U.S. Department of Labor are awarding the New York State Energy Research and Development Authority (NYSERDA) with up to $8.2 million for its project to provide clean energy job training to unemployed and low-wage workers, increase participants’ wages, and to evaluate the training’s effectiveness. This marks the first time that the Treasury Department has awarded funding through the Social Impact Partnership to Pay for Results Act (SIPPRA) program....
Read MoreCBS Boston: Unifying America: Nonprofit provides support for low-income workers looking to switch careers
Excerpted from CBS Boston...
Read MoreFormer Governor Deval Patrick and Lauren Smith, MD, MPH join Social Finance Board of Directors
Patrick and Smith will bring unique public policy, impact investing, and public health expertise to the organization. ...
Read MoreUpskilling fund plans to aid 30,000 displaced workers
JFF, Opportunity@Work, SkillUp, Social Finance, and Stand Together co-found $30 million SkillUp Together Fund with pioneer donations from the Charles Koch Foundation, the Irvine Foundation, and Walmart.org...
Read MorePioneers Post covers the Alchemy Code Lab Career Impact Bond
Portland-based software training provider Alchemy Code Lab has secured a $5.8 million investment from impact investing nonprofit Social Finance as part of a Career Impact Bond. The Career Impact Bond aims to provide training for people who face barriers to education or employment to improve their career outcomes, and allows students to enroll in training with no upfront costs.
Read MoreAlchemy Code Lab announces $5.8M investment from Social Finance to launch new Career Impact Bond
Student-friendly income share agreement increases access to software development training and jobs...
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