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This report presents the research and findings of an evaluation of Mission Australia’s Urban Renewal Employment Enterprise Program (UREEP). Established in 2006, this transitional labour market program seeks to respond to the needs of highly disadvantaged residents of the West Heidelberg and East Reservoir Neighbourhood Renewal areas in Victoria who experience systemic unemployment. UREEP provides participants, mostly young, long-term unemployed people with limited skills, with both on- and off-site accredited training in industries in which there are skills shortages. Participant training is supported by a 12 month traineeship placement that includes structured workplace mentoring, workplace and classroom-based education and training, personal support/life coaching and support to obtain permanent employment beyond the traineeship. The evaluation was based on a program logic methodology, and sought to identify both the impact of the program and the processes through which positive outcomes occurred. The evaluation found that UREEP is a ‘high value’ program that is responsive to the specific needs and aspirations of program participants. The main strengths of the program are: consistent and personalised social support, including life-skills development and a coordinated approach to individual client needs; patient support for personal and vocational skills development; a social context for training and development; a partnership approach to training and development; holistic support for transitions from exclusion to participation; and dynamic training in a live industry context.