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<\/p>\nDream Incubator Inc. (Takayoshi Yamakawa, Preseident and Representative Director; hereafter \u201cDI\u201d) hereby annnounces that it has decided to consider the implementation of social impact bonds (\u201cSIB\u201d), a new type of public-private partnership aimed at providing lasting solutions to social problems with the city of Maebashi, Gunma Prefecture (Ryu Yamamoto, Mayor).<\/p>\n
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SIBs are pay-for-success financing schemes in which governments utilize private funds, as well as creative ingenuity of private companies, to implement social projects. They have gained attention as a new type of public-private partnership aimed at solving social issues facing nations and municipalities. Overseas, SIBs have been increasingly introduced, especially in the UK, and recently, they have begun to be deployed in the field of healthcare in Japan as well.<\/p>\n
SIBs are expected to be useful in addressing a host of social issues in Japan, including issues in healthcare, infrastructure maintenance and repair, disaster mitigation, recycling, children\u2019s education, and urban planning and development. DI and Maebashi will investigate and research the application of SIBs to tackle these various social issues.<\/p>\n
DI has been promoting \u201cbusiness producing\u201d activities, which organically combine strategies, technologies, and policies to resolve a wide array of social issues. It has a track record of collaborating with relevant government agencies and municipalities as well as many private companies to conduct innovative projects. In addition to its partnership with Maebashi, DI is also considering the launch of SIBs with a number of other innovative municipalities* and intends to further expand its partner municipality base.<\/p>\n
DI and Maebashi will share and leverage their expertise and networks, and through collaborating with the national government, service providers, and financial institutions among others, they will together consider the launch of SIBs with the aim of implementing initiatives that will have significant impacts on solving social issues.<\/p>\n
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*February 25, 2020 DI Press Release\ufe13Signing of Memorandum with Toyota City Related to Social Impact Bonds, a New Type of Public\u2013Private Partnership for Solving Social Issues (https:\/\/www.dreamincubator.co.jp\/en\/news\/2020\/16161\/<\/a>)<\/span><\/p>\n <\/p>\n – About Dream Incubator Inc.<\/strong>\uff08https:\/\/www.dreamincubator.co.jp\/<\/a>\uff09
\nDI works not only to develop services for client companies, but also to produce businesses that
\ntransform society and infuse energy into the Japanese economy. DI achieves this by combining
\nstrategic consulting skills\u2014the most universal, valuable, and fundamental skills in the business sphere\u2014with managerial abilities honed by a pragmatic and ownership-spirited mindset fostered through our incubation initiatives.<\/p>\n