The Tokyo Metropolitan Government (TMG) has been actively working to attract foreign companies to raise international competitiveness and bring about further growth for the city by promoting the creation of a more business-friendly environment for overseas businesses and startups.
Building on its efforts to date, the TMG will hold for the first time, the New Tech Business Camp Tokyo accelerator program for foreign companies that possess advanced technologies related to the Fourth Industrial Revolution, including IoT, big data, and artificial intelligence. By matching up Tokyo’s businesses with foreign software businesses, this program will help Tokyo to achieve its vision of becoming a “safe city,” a “smart city,” and a “diversity (diverse city).”
1 Program features
This program will follow the steps below and focus on initiatives 2 and 3 over a short period of about three months.
① Call for applications from foreign businesses that possess business models or advanced technologies in IoT, big data, artificial intelligence, etc., and selection of program participants
② Provide support for drawing up business plans through efforts including matching up selected foreign and Japanese businesses, IT vendors, etc.
③ Host a business plan presentation geared to Tokyo’s investors, businesses, etc.
2 Application outline
Foreign companies that possess advanced technologies or business models and have yet to establish a business in Japan. Refer to the program website noted below for application details.
After confirming the application details provided on the website, send the required documentation to the program secretariat by Friday, November 3, 2017 11:59 p.m. (JST).
3 Tentative schedule
September: Acceptance of applications
December: Selection and announcement of around five Foreign Companies
January: Introductory seminar
January to March: Implementation of mentoring / Compilation of a business plan / Networking events / Business matchings
Mid-March: Pitch events (open to the public)
the New Tech Business Camp Tokyo Office