FORVAL Partners with Narutec Solutions to Boost Regional Development in Akita

Collaboration for Regional Development

In a significant move towards regional revitalization, FORVAL, a prominent company based in Shibuya, Tokyo, has partnered with Narutec Solutions, a startup based in Higashi Naruse Village, Akita. The partnership aims to address critical local issues and support small and medium enterprises (SMEs) in Akita Prefecture. Both organizations are poised to leverage their respective strengths to foster sustainable growth in the region.

Background of the Partnership

Akita Prefecture is facing numerous challenges, including population decline, the exodus of young residents, and a shortage of skilled workers in local businesses. SMEs particularly struggle with slow digital adoption and difficulties in securing and developing talent. To combat these issues, collaboration among government entities, educational institutions, financial organizations, and businesses has become increasingly important.

FORVAL has been active in promoting connections among these sectors nationwide through its “Corporate Doctor” model, which supports SMEs in identifying and resolving their issues. On the other hand, Narutec has built strong relationships with local government, educational organizations, and businesses, focusing on digital support and workforce development in the region. This synergy between FORVAL and Narutec is expected to result in more effective support across Akita Prefecture.

Objectives of the Partnership

The partnership will focus on a multifaceted approach that includes joint proposals to local government and financial entities, collaborative workforce development initiatives with educational institutions, and comprehensive support for enterprises, leveraging both companies' technological resources. By combining their strengths, FORVAL and Narutec aim to enhance the sustainable growth of regional businesses and contribute positively to the future of Akita Prefecture.

Specific Initiatives

1. Establishing a Framework for Revitalization through Collaboration:
Narutec’s established connections with local governments and financial institutions in Akita will be the foundation for developing a cohesive regional revitalization scheme. Collaborative proposals and consulting efforts will be made to assist industries and support financial institutions in promoting effective regional development solutions. Additionally, direct engagement with stakeholders will facilitate tailored support that addresses specific local challenges.

2. Addressing Issues Faced by Local Businesses through Joint Initiatives:
With Narutec's expertise in digital transformation and FORVAL’s Corporate Doctor model, both companies aim to support the growth of SMEs, which are essential to the local economy. They will focus on visualizing management practices and identifying latent issues to foster sustainable business development.

3. Collaboration with Educational Institutions for Talent Development:
Narutec will accelerate its initiatives in educational settings, including universities and high schools, to create a “local consumption” model for developing digital talent. By fostering connections between local businesses and students, they will help shape career paths within Akita Prefecture that leverage IT skills, ultimately mitigating the outflow of young residents.

About Narutec Solutions

Narutec Solutions, established with support from Higashi Naruse Village, is a local startup focused on regional revitalization. Their slogan, “Local Design Company for People and Villages,” reflects their mission, as young residents from urban areas move to the village to address various local challenges while capitalizing on its unique strengths.

About FORVAL

FORVAL, founded in 1980 and headquartered in Tokyo, is recognized for its role as a “Corporate Doctor,” providing tailored support to SMEs in various domains, including information technology and human resources. Its mission aligns with national initiatives promoting green technology, digital transformation, and vibrant regional development. Through these efforts, FORVAL is committed to fostering a sustainable local economy and empowering communities across Japan to realize their full potential.

In conclusion, the partnership between FORVAL and Narutec Solutions is a promising development for Akita Prefecture, as it aims to equip local businesses with the tools and resources necessary for facing modern challenges while fostering a vibrant local economy. This alliance could very well serve as a model for future collaborative efforts aimed at regional revitalization throughout Japan.