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For Low-Income Workers, A Chance to Learn New Skills Without Paying a Dime Upfront

Katie Johnston

Public Sector Solutions, Workforce & Economic Mobility

The Boston Globe describes how low-income workers are using the Career Impact Bond to gain access to career training and learn in-demand skills without paying any upfront costs. The article highlights how this partnership between Social Finance and General Assembly is working to break down barriers to education and economic mobility.

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The Social Finance initiative could provide a lifeline to the many workers with lower education levels who lost their jobs during the pandemic.

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Investing in Skill Building: The Career Impact Bond
A member of the Social Finance team and an interviewee are poised to start an online interview.

Investing in Skill Building: The Career Impact Bond

An FJC donor is putting philanthropic dollars to work by investing in economic mobility for low-income workers. The initiative is called the UP Fund, a $50 million pool of catalytic capital raised by Social Finance.

FJC–A Foundation of Philanthropic Funds