DI
DI
The Project
The DI Career Impact Bond is a collaborative initiative between SFI and Developers Institute, aimed at training specific populations for careers in the tech industry. The initiative focuses on two target groups: new immigrants who arrived in Israel following the war in Ukraine and members of the Ethiopian community in Israel. Impact investors fund the training costs for participants and receive returns when participants are placed in relevant jobs and pay back the cost of their training.
180
Paticipants
5.3 Million
Investment in the Project
18
Cohorts
Partners
Israel Innovation Authority, Developers Institute
Status
Ongoing
Service
Pay for Success Products
"I moved to Israel from Russia, where I had a background in telecommunications and mobile devices.
The job market situation was challenging, especially for new immigrants without work experience in Israel, due to the tragedy of October 2023. However, DI provided me with immense support. In January, an HR representative recommended me for an interview at a Tel Aviv startup. It was a great opportunity, but the assignment task was very difficult. I followed the recommendations from my course on how to solve it, focusing not only on the technical aspects but also on responding quickly, within one week, even though the company did not provide a deadline.
The result was positive, and I passed the technical interview. Now, I am a Junior Full Stack Developer, which allows my family to live in Israel"
Social services have undergone the process
Social Procurement
Formulating and Implementing Results-Based Work in Collaboration with the Government
Participants from 5 Social Organizations
"Preparing for Life" – Developing a Shared Logic Model and Outcome Measures
Developing a Shared Logic Model and Outcome Measure
Participants in Webinars
Good Society Center
Encouraging Social Innovation