Impact Bond: Self-reliance support through the free school program: Providing counselling and school guidance for children who play truant
Stage of development: Complete
Policy sector: Education
Social challenge: Children who play truant (or children refusing to attend school).
Intervention: In order to provide more support to children who have various problems and cannot fit into the existing school system, they encourage the service users to attend Smile Factory and receive educational counselling, as well as to promote social independence of the service users (students) through the guidance at Smile Factory. The Smile Factory is a free school that accepts students of all ages, from elementary school to high school (only elementary school to junior high school for this SIB project). Toy Box operates Smile Factory and provides educational counselling to children and their parents with various special needs such as withdrawal, LD (learning disabilities), ADHD (attention deficit disorder), and developmental disabilities. In general, free schools offer group classes, but Smile Factory also offers individual classes for children who are not comfortable in group classes.
Date contracts between all parties signed: 2018-09
Start of service provision: 2018-09
Actual end of service provision: 2020-01
Dates notes: This project has two phases. Signed: Phase1: 2018/09 Phase2: 2019/07, started: Phase1・・018/09 Phase2・・019/07, Ended: Phase1・・019/01 Phase2・・020/01
Maximum potential outcome payment: 185000000 JPY
Maximum potential outcome payment (USD): 1675421.119362434
Finance notes: This is the total payment for 2 periods, split into 9,000,000 and 9,500,000. 
Target population: Children with various special needs such as  LD (learning disabilities), ADHD (attention deficit disorder), and other developmental disabilities.
Targeted number of service users or beneficiaries: 32
Targeted unit type: Individual
Service and beneficiaries notes: Phase1: 23, Phase2: 32