Working Chance is a distinctive, non-profit recruitment consultancy that helps women ex-offenders make a successful transition from jail to jobs. It supports their clients every step of the way to ensure that they get offered and then stay in employment, thereby enabling women to progress out of the cycle of reoffending.
Impetus investment period: 2012 - 2013 (Plan phase investment*)
Approved grant funding: £26k
Pro bono services donated: £60k
Investment management value: £49k
Total funding package to date: £135k
* Plan phase investment is an initial investment period to develop the plan for growth. It is usually followed by further investment over a longer period.
Impetus has invested in Working Chance as part of the Impetus for Reducing Reoffending Initiative.
Impetus is investing in Working Chance for 12 - 18 months with a view to making a longer-term investment at the end of the planning process.
The initial Impetus investment will focus on reviewing and strengthening Working Chance's delivery model, producing a three-year business plan and exploring new long-term fundraising opportunities.
Read more about Working Chance.
|Two years prior to investment
|Year prior to investment
|Income (in millions)||£0.24||£0.38|
|No. of candidates placed (in either voluntary or paid jobs) *||41||70|
|No. of candidates placed in paid jobs||24||39|
* Outcomes equals number of people helped
Sir Ronald Cohen
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