Making impact measurable – rethinking promotion
JOBLINGE and the Impact Alliance launch the Impact Fund – the financing instrument for system change at the school-to-work transition.
- Germany’s first impact-based funding initiative for innovation and growth:
JOBLINGE’s Impact Fund is a financing instrument that links funding for labor market integration directly to measurable outcomes—a paradigm shift in funding logic. - A Driving Force for Systemic Change in the Transition from School to Work:
This funding lays the groundwork for scaling successful JOBLINGE approaches nationwide and reforming Germany’s funding structures in a sustainable manner—with the goal of supporting 100,000 young people across all JOBLINGE programs by 2030. - Backed by a strong Impact Alliance:
With the BMW Foundation Herbert Quandt and the Entrepreneurs’ Foundation for Equal Opportunity as founding partners, and Bank of America as its first regional partner, the Fund pools private capital, strategic expertise, and social responsibility to deliver impact-driven support on a large scale.
With the Impact Fund, JOBLINGE and the newly created Impact Alliance of strategic funding partners are initiating a revolutionary, forward-looking financing instrument for systemic change at the transition between school and work. The aim is to create a blueprint for impact-based funding in Germany that will trigger future reforms – by demonstrating that funding is used in a targeted manner exclusively where measurable impact is achieved.
Great need for structural action in the transition between school and work
In Germany, around 3 million adults between the ages of 20 and 34 have no vocational training. Tens of thousands of training places remain unfilled, while at the same time hundreds of thousands of young people are looking for a place in the training system – and this at a time when there is a shortage of skilled workers.
The numbers speak for themselves: They not only highlight the need to rethink labor market integration all the way through to a vocational qualification. They also underscore that it is essential to link the allocation of funding to outcome-based criteria in the future.
This will ensure that young people are supported efficiently, quickly, and sustainably as they move out of the transitional system’s holding pattern and toward a vocational qualification.
The Impact Fund – Measurable impact becomes the key to a new financing logic
Premium and impact partners are already supporting JOBLINGE through donations, volunteering and mentoring, making a significant contribution to the success of the JOBLINGE program.
The Impact Alliance with the Impact Fund is taking a new approach: it is a new financial instrument that transforms the challenges of the transition system into opportunities on a large scale. The fund combines existing engagement with an impact-driven financing logic that enables growth and systemic change.
With the shared ambition of having supported 100,000 young people in JOBLINGE’s programs by 2030, a critical size and relevance in the market is to be achieved in order to initiate political reforms and a structural, sustainable change in the system. The clear and necessary evidence base will be created to change public funding and funding logic on a large scale and in the long term – beyond the year 2030.
The core of the growth is PLAN A as an activation offensive: even more young people who have previously fallen through the cracks are reached and guided into training. The funding logic of the fund only rewards results – i.e. successful activation, placement or the support and completion of training.
The systemic change sought by the JOBLINGE Impact Fund is not to be understood in abstract terms, but in practical terms and should go hand in hand with increased quality of labor market integration, new public sector instruments and fundamental funding based on outcomes at the transition between school and work.
“The Impact Fund embodies the courage to rethink support mechanisms. Above all, it funds innovative approaches to job placement for which no public instruments currently exist—and makes their impact measurable. This fosters growth where real opportunities are created. In this way, we lay the groundwork for scaling successful solutions on a large scale and driving systemic change well beyond 2030.”
– Kadim Tas, CEO of JOBLINGE
The Impact Alliance – start-up sub-partners from all sectors pool their expertise
The funding is provided by the Impact Alliance, which pools forces across sectors and leverages synergies. This includes the BMW Foundation Herbert Quandt and the Entrepreneurs Foundation for Equal Opportunity as founding partners of the Impact Fund, as well as Bank of America as the first regional partner.
The companies are involved in a wide range of ways. In addition to their financial commitment, they support the implementation of the JOBLINGE Strategy 2030, evaluate milestones and provide strategic advice on the growth measures financed by the Impact Fund.
“As a founding partner of JOBLINGE, our support sends a clear signal that we are committed to effectively driving the scaling of this successful initiative—and thereby achieving a greater positive impact on society,” says Heike Schneeweis, a member of the Executive Board of the BMW Foundation Herbert Quandt. “We believe that a cross-sectoral impact alliance can drive decisive changes in funding approaches to sustainably improve labor market integration.”
– Heike Schneeweis, Board Member of the BMW Foundation Herbert Quandt
“Through the strategic use of our funding, we leverage private capital to scale JOBLINGE’s services while simultaneously driving necessary reforms. With an 80% placement rate, JOBLINGE has been the most successful organization in integrating young people into the labor market for many years—and makes an important contribution to equal opportunity in Germany.”
– Mareike van Oosting, Executive Director of the Entrepreneur Foundation for Equal Opportunity
“Bank of America is proud to continue its eight-year partnership with JOBLINGE through the Impact Fund. Together, we are committed to combating youth unemployment and promoting inclusive economic growth in Germany. The synergy between philanthropic engagement, government support, and corporate participation demonstrates how successful collaborations between the public and private sectors can bring about real change.”
– Kelly Jo Lihaven, Head of Philanthropy and Social Investment, EMEA, Global Community Opportunity, Bank of America
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Systemic change in support structures at the transition between school and work.
