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Impact Finance Bulletin: 'Dynamic' municipal body developing first India-funded impact bond | The Social Enterprise Magazine

5th February 2021
Our regular impact finance bulletin brings you the latest funds, deals and programmes in the world of investing for good. Read on for
our selection of impact investment headlines from the past month.
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Alchemy Code Lab Announces $5.8M Investment from Social Finance to Launch New Career Impact Bond

Alchemy Code Lab Announces $5.8M Investment from Social Finance to Launch New Career Impact Bond
Student-Friendly Income Share Agreement Increases Access to Software Development Training and Jobs
Alchemy Code Lab Students
PORTLAND, Ore., Jan. 12, 2021 (GLOBE NEWSWIRE)
Alchemy Code Lab introduces its student-friendly income share agreement (ISA), a new tuition funding option that allows students to pay their tuition only after securing employment post-graduation. Funded by impact investing nonprofit
Social Finance through the
Career Impact Bond, this student-centered financing model is designed to increase equity in employment and economic opportunity.
Available now, students can apply for ISA funding once they are accepted to Alchemy’s software development training program. Students enroll with little to no upfront cost, and once they graduate and secure meaningful employment, they repay program costs as a fixed percentage of their income, capped ....

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