#Okayama #FORVAL #Tomato Bank

FORVAL and Tomato Bank Collaborate for SME Growth

FORVAL, a leading consultancy that promotes ESG management through a supportive approach, has recently signed a business matching agreement with Tomato Bank. Both companies aim to assist small and medium-sized enterprises (SMEs) in Okayama Prefecture to face the challenges of an uncertain business environment.

The Need for Strategic Support

Okayama is home to numerous SMEs that serve as the backbone of the regional economy. However, these businesses are currently grappling with various issues such as population decline, resource shortages, rising living costs, and evolving market structures. As a result, addressing liabilities and improving management practices is imperative for their survival and growth.

Despite the pressing need, many SMEs often struggle with the visualization of management resources, formulation of effective strategies, and transitioning towards sustainable practices. This situation has highlighted the fragility of their operational foundations. Recognizing these challenges, FORVAL and Tomato Bank have partnered to enhance financial management capabilities and foster further business growth in the region.

A Joint Approach to Strengthen SMEs

The collaboration will focus on providing comprehensive solutions for managerial and financial challenges faced by SMEs in Okayama. FORVAL intends to conduct