Social Finance Pilot Projects: Interim report
The federal Office of Literacy and Essential Skills contracted SRDC in 2014 to conduct independent evaluations of two pilot projects in Essential Skills (ES) training for low-skilled Canadians. Both feature pay-for-success funding approaches, whereby private investors pay up front for training and are repaid by the government if the training is successful in achieving pre-established outcomes. The pilots represent the first time in Canada that these innovative funding approaches have been applied to ES training. This report describes SRDC’s project activities from the time of pilot inception to Fall 2017.
Project Details
Published: May 2018
Capability: Experimentation
Policy Area: Adult Learning - Adult Training - Workplace Training - Literacy and Essential Skills, Career Development and LMI, Employment - Employment Supports and Services, Social Finance
Population: Low-skilled Workers
Type: Interim report I, Appendices
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