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The YMCAs of Quebec Alternative Suspension (AS) Social Impact Bond (SIB) / SVX Platform Social Impact Bond (SIB)

Dedicated to helping all persons grow spiritually, mentally, and physically and develop their sense of responsibility to each other and the global community

Target Capital Raise

$3.4M

Amount Invested

$200,000 disbursed equally over three years

Target Sector/Purpose

Education (Prevention/Intervention)

Target Population

Children – Adolescents

Program/Purpose

The YMCAs of Québec -Alternative Suspension Social Impact Bond (SVX Platform). Replicate YMCAs of Québec program at 10 program sites in targeted communities across Canada in Ontario, Quebec, British Columbia, and the Atlantic region.

Intent

An outcomes-based financing agreement that seeks to reduce the dropout rate and repeated school suspensions by encouraging positive behavioural changes, and anticipates that 1,547 adolescents between the ages of 12–17 will complete the program.

Impact

Report coming soon