Project
| ID | INDIGO-POJ-0238 |
|---|---|
| Impact Bond Name - (Value) | Higashiomi City SIB Project |
| Stage of Development - (Value) | Complete |
| Stage of Development - (Source ID's) | source1 |
| Dates - Date outcomes contract signed - (Value) | 2016-05 |
| Dates - Start date of service provision - (Value) | 2016-05 |
| Dates - Anticipated end date of service provision - (Value) | 2021-02 |
| Dates - Actual end date of service provision - (Value) | 2021-02 |
| Dates - (Source ID's) | source1 |
| Dates - (Notes) | This project had five phases. Phase1: 2016/5 Phase2: 2017/9 Phase3: 2018/9 Phase3: 2018/7 Phase4: 2019/4 Phase4: 2019/9 Phase5: 2020/4; Anticipated date service provision: Phase1: 2017/3 Phase2: 2018/2 Phase3: 2019/2 Phase3: 2019/2 Phase4: 2020/1 Phase4: 2020/1 Phase5: 2021/2 |
| Overall project finance - Maximum potential outcome payment - Currency - (Value) | JPY |
| Overall project finance - Maximum potential outcome payment - Amount - (Value) | 13130000 |
| Overall project finance - Maximum potential outcome payment - Amount USD - (Value) | 120691.24 |
| Purpose and classifications - Intervention - (Value) | Higashiomi Sanpoyoshi Kikin receives applications for various subsidy schemes from companies and organisations in the city. Those companies and organisations that apply are selected by a committee set up by the Higashiomi Sanpoyoshi Kikin. Once applicants are selected, they begin their projects. After the completion of the selected project, the selected companies need to submit a performance report to the Higashiomi Sanpoyoshi Kikin and report on the achievement of the performance target. Based on this report, the Board examines the degree of achievement of the results of each adopted project. |
| Purpose and classifications - Policy sector - (Value) | Employment and training |
| Service and beneficiaries - Target population - (Value) | Companies and other organisations |
| Service and beneficiaries - Targeted number of unique service users or beneficiaries (total) - (Value) | 19 |
| Service and beneficiaries - Unit type of targeted service users or beneficiaries - (Value) | Other |
| Service and beneficiaries - Unit description of targeted service user or beneficiaries - (Value) | Companies and other organisations |
| Delivery Locations 1: Service Provision ID - (Value) | deliverylocation1 |
| Delivery Locations 1: Location - Name - (Value) | Higashiomi City, Shiga Prefecture |
| Delivery Locations 1: Location - Country - (Value) | JP |
| Delivery Locations 1: Lat/Lng - Lat - (Value) | 35.116667 |
| Delivery Locations 1: Lat/Lng - Lng - (Value) | 136.2 |
| Sources 1: Id | source1 |
| Sources 1: Name - (Value) | Fact sheet from the Japanese Cabinet Office accessed on 23/03/2022. |
| Sources 1: URL - (Value) | https://www8.cao.go.jp/pfs/jirei/higashioumi01.pdf |
| Outcome Payment Commitments 1: Organisation ID - (Value) | INDIGO-ORG-1346 |
| Outcome Payment Commitments 1: Organisation Role Category - (Value) | Government/Public Sector/Public Bank |
| Investments 1: Id | investment1 |
| Investments 1: Organisation ID - (Value) | INDIGO-ORG-1340 |
| Investments 1: Organisation Role Category - (Value) | Investment Fund |
| Investments 1: Maximum Potential Return - (Value) | 0.02 |
| Investments 1: Notes | Residents and local companies invest 20,000 yen per unit, and it will be reimbursed with an interest rate of 2%. They invest in the anonymous partnership formed by Plus Social Investment. |
| Intermediary services 1: Organisation ID - (Value) | INDIGO-ORG-1347 |
| Intermediary services 1: Organisation Role Category - (Value) | Other |
| Outcome Metrics 1: Id | outcomemetric1 |
| Outcome Metrics 1: Outcome Definition - (Value) | In their project proposals, the companies and organisations in the city that apply for the project propose performance indicators and targets that are appropriate to the project. Those indicators and targets are to be discussed by the selection committee, which set the performance indicators and targets. There are two types of performance targets set by the selection committee for the selected companies and organisations: quantitative and qualitative targets. |