#Japan #Tokyo #Tokyo Grants #Navit Inc #Grant Support

New Product and Technology Development Grant Application Support

Starting February 20, Navit Inc., based in Chiyoda, Tokyo, will offer comprehensive assistance for businesses looking to apply for Tokyo’s new product and technology development grants. This grant program, which targets small and medium-sized enterprises (SMEs), aims to foster research and development activities in the region.

Grant Program Overview

The call for applications is officially open from March 27 to April 17, 2028, with the grant covering activities taking place from September 1, 2028, to May 31, 2029. With a maximum funding of 25 million yen, the program not only supports innovative projects but also covers direct labor costs associated with these developments.

Navit Inc. is here to help. They specialize in providing the latest insights on subsidies and grants, along with application support. If your business is interested in harnessing this financial assistance, now is the time to reach out!

Who Can Apply?

The grant is available to

• - SMEs conducting substantial business activities in Tokyo (both companies and sole proprietorships)
• - Individuals planning to establish a business within the Tokyo area.

Funding Details

• - Maximum Amount: Up to 25 million yen.
• - Grant Rate: Up to half of the acknowledged expenses. However, with a wage increase plan in place and implemented, businesses may receive up to three-quarters of acknowledged costs (small businesses can receive up to four-fifths).

Eligible Costs

The following costs are considered eligible:

• - Raw materials and auxiliary materials
• - Machinery and tools expenses
• - Contracting and outsourcing costs
• - Industrial property application and introduction costs
• - Professional advisory costs
• - Direct labor costs

Types of Research and Development Supported

1. Research and Development for Productization and Practical Use: This includes the design, manufacture, and testing evaluation of prototypes for hardware and software that lead to commercialization and practical application.
2. Research and Development for New Service Creation: This encompasses the design, manufacture, and testing evaluation of prototypes for hardware and software that serve as means to realize new services.

How to Get Started

For those interested in applying, there are several resources available:

• - Consultation for Application Support: Inquire here
• - For Referrals: If you know clients who might benefit from this grant, recommend them here
• - Detailed Grant Information: For more specifics regarding the program, click here

Contact Details

Should you have any queries regarding this grant program or our support services, feel free to contact us at:
Navit Inc., Subsidy Now Office
Phone: 0120-937-781
Fax: 03-5215-5702
Business Hours: Monday to Friday from 10:00 AM to 7:00 PM
Email: [email protected]

Together, let’s foster innovation and contribute to Tokyo's vibrant business ecosystem!