Wide-area SIB project for
“raising screening rates for bowel cancer”
Wide-area SIB project that aims to raise screening rates for bowel cancer in six local municipalities in Hiroshima PrefectureThe SIIF was involved at the project as an investor.
PFS/SIB Partnership project with government
In this project Hiroshima Prefecture and six local municipalities collaborated to establish Japan’s first wide-area SIB, and raised funds from a broad range of individual investors through the use of crowdfunding. It is hoped that, by establishing a wide-area SIB through the collaboration of multiple local governments, pay-for-success projects will become more popular irrespective of the size of the municipality.
The SIIF was involved at the project as an investor.
Overview of operations to promote cancer screening for individuals using new social impact bond (SIB) methods
The social problem and its background
Hiroshima Prefecture’s rates of bowel cancer screening and precision examination are lower than the national average, and raising these figures has been an issue for some time.
- Project name
- Operations to promote cancer screening for individuals using new social impact bond (SIB) methods
- Project cost (contract costs, etc.)
- Project period
- Three years, beginning in fiscal 2018
- Targeted outcomes
- Aims to reduce mortality rates for prefectural residents due to the early discovery of cancer by means of raising the number of people screened and precision examination rates, thus maintaining and improving quality of life and moderating medical costs.
- Role of SIIF
- <As an investor>
Provision of funds
Related URLs/materials for download
- Implementation of operations to promote cancer screening for individuals using new social impact bond (SIB) methods
Hiroshima Prefectural Office website