Impact Bond: Ministry of Justice - Japan SIB Pilot
Stage of development: Implementation
Policy sector: Criminal justice
Social challenge: Obstacles to juvenile delinquents' access to higher education, leading to reoffending in some instances. 
Intervention: Tailored support plan and in-person and online lessons to develop academic skills and study habits. 
Date outcomes contract signed: 2021-08
Start of service provision: 2021-08
Anticipated end of service provision: 2024-02
Anticipated completion date: 2024-02
Maximum potential outcome payment: 71220000 JPY
Maximum potential outcome payment (USD): 648929.3849658314
Target population: Juvenile training school parolees wishing to pursue further education 
Targeted number of service users or beneficiaries: 80
Targeted unit type: Individual