Third Sector Capital Partners Featured in Grantee Spotlight from the Social Innovation Fund
It’s graduation season, which means people across the country are thinking about entering the job market. Third Sector Capital Partners, a grantee of the Social Innovation Fund’s Pay for Success program, is currently working to improve employment outcomes for urban young adults by working with Year Up, a Boston-based organization that seeks to improve employment outcomes for urban young adults. Year Up’s Professional Training Corps (PTC) model is an intensive one-year program for 18-to-24-year-olds who are disconnected from both school and work. In 14 locations nationwide, Corps participants spend six months in technical and professional skills training, followed by a six-month internship at a prospective employer.
Third Sector is providing Year Up with developmental technical assistance to conduct a feasibility study and examine its capacity to apply a PFS model to PTC. As part of their collaboration, Third Sector and Year Up will identify data outcome sources for PFS and compile a report on the viability of the PTC model to follow the Pay for Success approach.
Third Sector is proud to have been featured in this month’s Knowledge Initiative spotlight on new approaches to job training. Through our work, we can help people “graduate” from job readiness programs and enter the workforce with confidence. Read more in our feature below.