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
The Research Council of Norway
The Research Council of Norway serves as the chief advisory body for the government authorities on research policy issues, and distributes roughly NOK nine billion to research and innovation activities each year. The Research Council works to promote… Norway
National Research, Development and Innovation Office - Hungary
The National Research, Development and Innovation Office (NRDI Office) founded by the Act “about scientific research, development and innovation” (Act2014/LXXVI) accepted by the Hungarian Parliament (RDI law) with the aim to "create stable institutional… Hungary
Europa in Vlaams-Brabant
Europe in the Province of Flemish-Brabant, Belgium Information, Publications, Subsidies and International Collaborations Belgium
Innoviris.brussels
Innoviris, the Brussels Institute for Research and Innovation. Innoviris is the Brussels Institute for the encouragement of scientific research and innovation. Our mission is to support and stimulate research, development and innovation in and for… Belgium