Social Bonds: Capital for Vocational Education

WE WOULD LIKE TO INFORM YOU that at the end of 2019 we completed work on the "Capital for Vocational Education" project.

The goal of the "Capital for Vocational Education" project was to develop and test a social bond model that would better align the professional competencies of vocational education graduates with the actual needs of the labor market. The model involved engaging investor capital to finance activities that would quickly and flexibly align the competencies of new staff with the requirements of a given industry. Through market analysis and stakeholder mapping, the new mechanism was targeted at Special Economic Zones, companies located within them, vocational education graduates, and other individuals ready to develop their skills in their chosen profession.

The model developed by FFW assumed that tasks related to improving competences and adapting them to the needs of employers would be financed from funds from Special Economic Zones (acting as investors), and the costs would be reimbursed once the results agreed in advance with the employer seeking new employees – a company from the SEZ – were achieved.


By decision of the Ministry of Development, the project was terminated before the pilot phase. Those interested in obtaining information about the developed social bond model and initiating cooperation are asked to contact the project coordinator, Dorota Nowicka, at dnowicka@cofund.org.pl .

Additional Information

The project was implemented by the Cooperation Fund Foundation in partnership with Black Pearls VC SA Project start: July 1, 2017 Budget: over PLN 4 million Source of financing: Knowledge Education Development Operational Programme

Contact Person

Dorota Nowicka
Project Manager for the Social Bonus  
 

Announcements

Project Team

Michał Bargielski
Head of the Research and Analysis Team  
Dorota Nowicka
Project Manager for the Social Bonus