ThinkForward was created in 2010 by Impetus – The Private Equity Foundation (Impetus-PEF), following its research into how to dramatically reduce the likelihood of young people becoming NEET (not in education, employment or training).
Impetus-PEF is committed to transforming the lives of 11-24 year olds from disadvantaged backgrounds by ensuring they get the support they need to succeed in education, find and keep jobs, and achieve their potential. It finds the most promising charities and social enterprises that work with these children and young people. It helps them become highly effective organisations that transform lives; then helps them expand significantly so as to dramatically increase the number of young people they serve.
During 2010 Impetus-PEF canvassed local stakeholders in Shoreditch to identify what was needed to reduce the risk of young people becoming NEET. The overwhelming response was that while many services are available for young people, the most at risk young people need greater support to access and make effective use of these services. The solution they developed was ThinkForward.
ThinkForward has benefited from a three-part support package from Impetus – The Private Equity Foundation, which includes money, management support from their investment team and specialist expertise from pro bono professionals. This has turbo-charged the development of ThinkForward so that we were quickly able to scale up the programme and achieve more than money alone could do.
“Back in 2010, Impetus – The Private Equity Foundation investigated what could have radically improved their life chances. We drew on our research programme and international experience and we canvassed more than 60 local stakeholders. Our solution is a breakthrough programme for disadvantaged 14-to-19 year-olds: ThinkForward. Two years on, it is already supporting 700 young people and I am excited to see them seize the opportunity to become the learners and citizens they have the potential to be.”
Chief Executive Officer, Impetus – The Private Equity Foundation