In a bold move towards tackling climate change, a new initiative has been launched to support small and medium-sized enterprises (SMEs) in Tokyo as they expand their green transformation (GX) technologies into Global South nations. This strategic effort aims not only to help these companies contribute to global decarbonization but also to foster their business growth in emerging markets, where energy demand is projected to rise significantly in the coming years.
The Need for GX in Global South Countries
The Global South is facing unprecedented challenges related to energy demand and environmental sustainability. As countries in this region industrialize and urbanize, the call for decarbonization through innovative technologies has never been louder. The Tokyo Metropolitan Government, alongside the Tokyo Environmental Public Corporation, recognizes this pressing need and is stepping up to support its local businesses that possess exceptional GX-related technologies.
Initiative Overview
The initiative primarily targets small and medium-sized enterprises, as well as startups registered and paying taxes in Tokyo. It encourages these entities to form groups for joint applications, thus enhancing collaboration and innovation in their pursuit of international expansion. The support extends over a three-year period, during which approximately 30 projects are expected to receive funding and advisory support.
Support Details
1.
Financial Assistance: Eligible businesses will receive financial support for project costs, allowing them to conduct on-site research and testing in the target countries.
2.
Hands-On Support: The program will also provide hands-on guidance, leveraging the expertise of the project management office and cooperative supporters. This ensures that participating companies not only enter the market but do so with the necessary backing to navigate challenges and connect with local enterprises.
Application Process
Applications are now being accepted, running from July 14 to August 15, 2027. Businesses interested in applying can do so online, with options for certain submissions to be mailed in. Detailed application guidelines and forms are available on the program's official website
here.
Upcoming Schedule
As this initiative rolls out, applicants can expect a further timeline of events and necessary steps to be communicated progressively, ensuring transparency and accessibility throughout the process.
Contact Information
For inquiries regarding the Global South GX Promotion Project, please reach out via email at global_south_gx_promotion_project@tohmatsu.co.jp. The project staff is available for responses from 10 AM to 5 PM, aiming to reply within three business days.
This initiative represents a significant opportunity for Tokyo's SMEs to make a tangible impact in the Global South while advancing their business strategies. By harnessing innovation and collaboration, these companies can lead the way in the global shift towards a greener future.