Webinar: The Future of Upskilling is Here
On Aug. 20, Blue Meridian Partners, General Assembly, and Social Finance hosted a webinar on the Career Impact Bond (CIB), an impact-first income-share agreement (ISA) that helps people who are underemployed or unemployed access career training and get good jobs. Jim Shelton, Chief Investment and Impact Officer at Blue Meridian Partners, hosted a conversation with Tracy Palandjian, Social Finance CEO, Jake Schwartz, outgoing CEO at General Assembly, and Branden LaCour, a General Assembly CIB graduate. Branden shared his experience with the CIB, and highlighted the career supports that helped him land a software engineering job soon after graduation.
"We have lots of reasons to be proud of higher education. We created a system to create real pathways to upward mobility built into our middle class. And we created real on-ramps for access for many people and we forgot one really important thing: graduation. The mechanism for financing schools today allows people to get paid whether students actually get a good outcome or not. The question is, can you realign the incentives so that the students’ best outcome is the best outcome for the institutions?” — Jim Shelton, Blue Meridian Partners chief investment and impact officer
Watch the webinar highlights
Watch the hourlong webinar