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
Switzerland Innovation
For developing innovative ideas into marketable products, Switzerland Innovation offers domestic and foreign companies the best locations in Switzerland: first-class accessibility, close to universities, suitable for further expansion, and in attractive… Switzerland
Invest in Spain
Invest in Spain is an Executive Directorate of ICEX Spain Trade & Investment, a Government Body chaired by the Secretary of State for Trade of the Ministry of Economy and Competitiveness. Program for foreign entrepreneurs to establish their Startups in… Spain
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
Innovation Norway
Innovation Norway is the Norwegian Government's most important instrument for innovation and development of Norwegian enterprises and industry. We support companies in developing their competitive advantage and to enhance innovation. Norway
