Innovation Network Corporation of Japan (INCJ), a unique public-private partnership aimed at promoting innovation and enhancing the value of businesses in Japan, was launched in July 2009.
Leveraging the rich history of Japanese technological prowess, INCJ aims to provide financial, technological and management support in order to promote the creation of next-generation businesses through “open innovation,” or the flow of technology and expertise beyond the boundaries of existing organizational structures.
INCJ will draw on funding as well as management and technological expertise from the public and private sectors. INCJ is actively reviewing various investment opportunities in areas of green energy, electronics, IT and biotechnology to infrastructure-related sectors such as water supply. Each investment will be thoroughly vetted to ensure it meets the exacting standards of INCJ's Innovation Network Committee, which will make the final investment decisions.
INCJ is capitalized at 300 billion yen, with the Japanese government injecting 286 billion yen and 26 private corporations (refer to details in Appendix below) providing a further 14 billion yen. The government will also provide guarantees up to a total of 1,800 billion yen for INCJ investments, giving it an investment capability of approximately 2,000 billion yen. INCJ will be established for a period of 15 years.
http://www.incj.co.jp/english/
1-4-1, Marunouchi, Chiyoda-ku Tokyo 100-0005, Japan
Related ads
National Innovation Fund - Bulgaria
Bulgarian Small and Medium Enterprises Promotion Agency - National Innovation Fund. The increase in the competitiveness of the Bulgarian industry and the improvement of the capacity to cope with the competition in the EU market are only possible through… Bulgaria
Flanders DC
Flanders DC, or Flanders District of Creativity, is the single point of contact for entrepreneurs in the creative industries. After the merger with Design Flanders and Flanders Fashion Institute, we are ideally placed to serve the entire sector’s needs.… Belgium
HIPA Hungarian Investment Promotion Agency
The Hungarian Investment Promotion Agency (HIPA) is a national investment promotion organisation governed by the Ministry of Foreign Affairs and Trade. It provides professional consulting services to interested companies free of charge in a one-stop-shop… Hungary
IDEPA - Invest in Asturias
Economic Development Agency of the Principality of Asturias Spain
Federal Ministry of Science, Research and Economy (Bundesministerium für Wissenschaft, Forschung und Wirtschaft)
Austria needs innovations and innovative forces, which transform their professional strengths and qualifications into private brands, and generate growth, employment and structural effects. The BMWFW is deeply interested in further optimization of basic… Austria