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
Syntens Innovatiecentrum
Syntens stimulates organizations to renew themselves in a sustainable way. Syntens makes entrepreneurs aware of the opportunities they have to innovate and helps entrepreneurs to transform these opportunities into business results. Netherlands
Innovation Center Iceland
Innovation Center Iceland is a leading R&D and business support institute in Iceland. Our mission is to increase innovation, productivity and competitiveness of Icelandic business by doing innovative technology research, diffusing knowledge and giving… Iceland
Technology Innovation Agency - South-Africa
TIA is the South-African national public entity that serves as the key institutional intervention to bridge the innovation chasm between research and development from higher education institutions, science councils, public entities, and private sector,… South Africa
Förderberatung "Forschung und Innovation" des Bundes
The German Federal Funding Advisory Service on Research and Innovation is the central point of contact for any questions concerning research and innovation funding. The centre informs potential applicants about the federal research structure, funding… Germany
