Beyond their financial investment, Impetus-PEF’s support has built our capacity and confidence to pursue an ambitious strategy.
– Joanne Hay, CEO, Power2
The need: Disengaged young people are at greater risk of exclusion, getting no qualifications and failing to get into work or training.
Our charity partner: Power2 runs a programme called Teens and Toddlers for disengaged pupils at risk of dropping out of school. They provide them with work experience in a local nursery mentoring a toddler, while also building the life skills they need to succeed at school and in work.
Our impact: Our work with Power2 has centred on helping them develop a strong business model and improvements to their Teens and Toddlers programme. As a result, the number of young people they’ve helped to improve their attainment has doubled. Only three per cent of Teens and Toddler’s graduates end up out of school or work. We’ve helped them to show that their approach works and to attract new funding. We were partners with other investors in a social impact bond for the Teens and Toddlers programme that was the first globally to meet its targets successfully.