We spend trillions of dollars on public and private workforce training each year in the U.S. Despite all our spending, we’re not making enough progress. Workers are struggling to find education and employment opportunities that lead to in-demand jobs, and businesses don’t have the skilled talent they require. We need effective, sustainable innovations to finance training that will help people land good jobs and find economic mobility.

Pay It Forward Funds are place-based workforce funds that more sustainably invest in worker upskilling. They amplify the impact of public and philanthropic dollars by recycling funds to ‘pay it forward’ for future learners. Our Career Impact Bond financing equips learners to land good-paying jobs and businesses to invest in and retain diverse, skilled talent.