Project
| ID | INDIGO-POJ-0245 |
|---|---|
| Impact Bond Name - (Value) | Health Point Project Utilizing SIB |
| Alternative Names - (Value) | Okayama Health Operation |
| Stage of Development - (Value) | Implementation |
| Stage of Development - (Source ID's) | source1 |
| Dates - Date contracts between all parties signed - (Value) | 2019-02 |
| Dates - Start date of service provision - (Value) | 2019-04 |
| Dates - Actual end date of service provision - (Value) | 2022-03 |
| Dates - (Source ID's) | source1 |
| Overall project finance - Total investment commitment - Currency - (Value) | JPY |
| Overall project finance - Total investment commitment - Amount - Exact - (Value) | 26000000 |
| Overall project finance - Total investment commitment - Amount USD - Exact - (Value) | 238510.2 |
| Overall project finance - Maximum potential outcome payment - Currency - (Value) | JPY |
| Overall project finance - Maximum potential outcome payment - Amount - (Value) | 370388000 |
| Overall project finance - Maximum potential outcome payment - Amount USD - (Value) | 3397743.3 |
| Overall project finance - (Source ID's) | source1 |
| Overall project finance - (Notes) | 370.388 million yen Only 95 million yen is performance-linked payment. The rest is fixed cost (the cost of prizes is included in the fixed cost, and the unused cost can be refunded and applied to the fund). |
| Purpose and classifications - Intervention - (Value) | The PS-Setouchi invites citizens aged 35 or older and those who work in Okayama to participate in the Health Point Program. PS-Setouchi issues point cards with QR codes to registered participants. The participants gain Health Point when they consume and purchase health-related services (fitness, healthy diet, culture programs, events, etc.) at local shops and restaurants. |
| Purpose and classifications - Policy sector - (Value) | Health |
| Service and beneficiaries - Targeted number of unique service users or beneficiaries (total) - (Value) | 15000 |
| Service and beneficiaries - Unit type of targeted service users or beneficiaries - (Value) | Individual |
| Service and beneficiaries - (Source ID's) | source1 |
| Delivery Locations 1: Service Provision ID - (Value) | deliverylocation1 |
| Delivery Locations 1: Location - Name - (Value) | Okayama City |
| Delivery Locations 1: Location - Country - (Value) | JP |
| Delivery Locations 1: Lat/Lng - Lat - (Value) | 34.65 |
| Delivery Locations 1: Lat/Lng - Lng - (Value) | 133.916667 |
| 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/okayama01.pdf |
| Service Provisions 1: Id | serviceprovision1 |
| Service Provisions 1: Organisation ID - (Value) | INDIGO-ORG-1378 |
| Service Provisions 1: Notes | Fitness businesses, supermarkets, department stores, newspaper companies, medical institutions, pharmacies, etc. |
| Outcome Payment Commitments 1: Organisation ID - (Value) | INDIGO-ORG-1366 |
| Outcome Payment Commitments 1: Organisation Role Category - (Value) | Government/Public Sector/Public Bank |
| Investments 1: Id | investment1 |
| Investments 1: Organisation ID - (Value) | INDIGO-ORG-1367 |
| Investments 1: Notes | Total of 26 million yen from Chugoku Bank Ltd., Japan Social Innovation and Investment Foundation (SIIF) (including the donation of 1 million yen from one company), and local companies. Plus, individuals (3 million yen) etc. Return: Individuals: 119.12% at most Corporations: 140.19%. It varies depending on the amount of incentives provided by the intermediary support organization. |
| Investments 2: Id | investment2 |
| Investments 2: Organisation ID - (Value) | INDIGO-ORG-1320 |
| Investments 2: Notes | Total of 26 million yen from Chugoku Bank Ltd., Japan Social Innovation and Investment Foundation (SIIF) (including the donation of 1 million yen from one company), and local companies. Plus, individuals (3 million yen) etc. Return: Individuals: 119.12% at most Corporations: 140.19%. It varies depending on the amount of incentives provided by the intermediary support organization. |
| Intermediary services 1: Organisation ID - (Value) | INDIGO-ORG-1368 |
| Outcome Metrics 1: Id | outcomemetric1 |
| Outcome Metrics 1: Outcome Definition - (Value) | 2019 Performance Indicator: Number of participants (0-15,000 people) |
| Outcome Metrics 2: Id | outcomemetric2 |
| Outcome Metrics 2: Outcome Definition - (Value) | 2020 Performance Indicator: Percentage of participants who intend to improve their lifestyles (0-80% of participants) |
| Outcome Metrics 3: Id | outcomemetric3 |
| Outcome Metrics 3: Outcome Definition - (Value) | 2021 Performance Indicator: Number of participants who use any of the services at least twice a week (0-9,000 people) |
| Outcome Metrics 4: Id | outcomemetric4 |
| Outcome Metrics 4: Outcome Definition - (Value) | FY2022 Performance Indicator: BMI improvement rate (percentage of participants whose BMI has improved) (0-25%) or increase in the number of people with exercise habits (percentage of participants who have acquired exercise habits) (0-3%) |