The Buzinezzclub is a groundbreaking organisation in the Netherlands, providing training in coaching for youngsters who are currently living of welfare. Our main goal is to lift ‘members’, guiding them towards financial self-sufficiency and growth. Members can either choose the look for a job, an education or start their own business. With our comprehensive program we provide the training and coaching needed to achieve these ultimate goals in just a few months. The Buzinezzclub has built a track record with excellent results over the last ten years (founded in 2009). Since 2009 hundreds of youngsters across the Netherlands have participated. Many of our former members are now building impressive careers, have started their own successful business or made steps towards a significantly better future by choosing an education that fits their personal talents and ambitions.
Decent Jobs for Youth is the global initiative to scale up action and impact on youth employment in support of the ‘2030 Agenda for Sustainable Development’. This platform is a hub for catalyzing partnerships, collaboration and coordinated action grounded in evidence-based strategies. The Buzinezzclub has been invited by the United Nations to participate in the project. The goal is a world in which young women and men everywhere have greater access to decent jobs and conditions. The Buzinezzclub will contribute by improving conditions for youngsters in the Netherlands, around Europe and by sharing successful methods with other participants.
Project statement: “The youth employment challenge is enormous. But it is not insurmountable. We have a vision of a world where young women and men everywhere can earn a fair income while working in conditions of security, dignity and equality. Getting young people into decent jobs is not just essential for their future, but for the future of our local communities, our countries and our global society. Investing in youth employment requires a collaborative approach to prioritizing job creation while helping youth to overcome specific disadvantages, such as skills mismatch and discrimination.”
Across the border
Social Impact Bond
A Social Impact Bond is an innovative financing mechanism in which governments or commissioners enter into agreements with social service providers, such as social enterprises or non-profit organisations, and investors to pay for the delivery of pre-defined social outcomes. More precisely, a bond-issuing organisation raises funds from private-sector investors, charities or foundations. These funds are distributed to service providers to cover their operating costs. If the measurable outcomes agreed upfront are achieved, the government or the commissioner proceeds with payments to the bond-issuing organisation or the investors. The Buzinezzclub was the first organisation on continental Europe launching a Social Impact Bond in Rotterdam, with partners gemeente Rotterdam, ABN AMRO Social Fund and Start Foundation in 2013. In 2015 and 2016 two Social Impact Bonds followed in the city of Utrecht (with Gemeente Utrecht, ABN AMRO Social Impact Fund, Oranje Fonds) and Eindhoven (Gemeente Eindhoven, ABN AMRO Social Impact Fund and Start Foundation).
‘Best European Practices Supporting Youth Self-Employment’
The Regional Union of Municipalities of Attica (P.E.D.A.) together with The European Network for Inclusion and Local Social Action (E.L.I.S.A.N.) rewarded the Buzinezzclub for their successful Social Impact Bond in Rotterdam during a European conference regarding entrepreneurship among youngsters in Athens in 2016. During the event Leo van Loon (Founder Buzinezzclub) was presented the prestigious award for ‘Best European Practices Supporting Youth Self-Employment’.
International Labour Organization: Buzinezzclub worldwide ‘best practice’
The main goal of the International Labour Organisation (ILO) is to promote rights at work, encourage decent employment opportunities, enhance social protection and strengthen dialogue on work-related issues. In 2018 the ILO appointed the Buzinezzclub as a global ‘best practice’.