How do you measure jobs created?

'Jobs created' is a metric that tells us the number of new hires that resulted from financing through the GoParity platform. So far, all the impact you see has come from our European platform, but we plan to greatly scale our impact through Canadian projects.  

In some specific cases, this metric can contain the number of job positions maintained at the borrower organization because of the funding if they would no longer exist otherwise.

For example, from the financing Oceano Fresco Innovation projects I, II and III received, they could hire four new employees directly related to research and innovation. This number might go up to 12 new positions being opened in the course of the projects' implementation.

We pool metrics from GoParity's previous projects for 5 main impact indicator groups and display them on our 'impact page' as a key measure of success and growth.

We measure the impact of an individual investor by calculating:

total invested by the investor * total number of jobs created / total investment in the campaign

As an example, a project financed at $110,000 and creating 33 new jobs, given that an investor invested $500, the conversion would be:

500* 33 / 110,000 = 0.15 jobs created

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Goparity Canada is a sustainable finance platform and app that aims to democratize access to impact investing. By prioritizing accessibility, we make it possible for all kinds of investors to contribute to sustainable development projects in Canada. Goparity is one of the fastest growing platforms in Europe, and Goparity Canada is co-owned and operated by Canadian entrepreneurs. Goparity Canada humbly acknowledges the Indigenous Peoples who have stewarded the lands and waters of the places we call home. To realize a just and sustainable future we recognize the harmful legacy of colonization, both past and present, and go forward together in the spirit of reconciliation. Peel Region is part of the Treaty Lands and Territory of the Mississaugas of the Credit. In particular, we acknowledge the territory of the Anishinabek, Huron-Wendat, Haudenosaunee and Ojibway/Chippewa peoples; the land that is home to the Metis; and most recently, the territory of the Mississaugas of the Credit First Nation.

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Mississauga, ON

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© 2021 GoParity Canada

Goparity Canada Securities Inc. is a licenced Exempt Market Dealer (EMD) in Ontario, British Columbia, Nova Scotia and Manitoba. Part or all of your original invested capital may be at risk and the return on your investment depends on the success of the corresponding small to medium-sized business invested in. Any historical returns, expected returns, or projections may not reflect actual future performance.