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Sourcing Brothers Selected for Open Innovation

Sourcing Brothers, founded in 2020, has been officially selected as a support provider for the TIB Open Innovation Implementation and Promotion Program by the Tokyo Metropolitan Government. This program, part of the Tokyo Innovation Base (TIB), aims to catalyze innovation from Tokyo by facilitating effective open innovation initiatives led by large companies.

Overview of the TIB Open Innovation Program

The TIB Open Innovation Program will be launched in the fiscal year 2024. Its goal is to foster innovation by helping large enterprises successfully implement open innovation strategies. By selecting three partner organizations, the program will leverage each partner's strengths to provide support to large companies looking to start their journey in open innovation.

The vision is to create a thriving ecosystem that generates numerous “first customers” among startups. This program reflects Tokyo's ambition to position itself as a leader in innovation, enabling new business development through collaboration.

New Business Development Course in Innovative Fields

The New Business Development Course in Innovative Fields is a core component of the program. This course includes lectures, workshops, and individual consultations designed to foster collaboration and development of innovative business plans in conjunction with startups.

Participants will engage in interactive sessions, receive personalized mentoring, and have the opportunity to connect with startups as they formulate co-creation plans aimed at developing new businesses.

The program is structured over six months, emphasizing practical outcomes and collaboration that translates into actionable business strategies.

About Sourcing Brothers

With the mission of 'Updating Japan,' Sourcing Brothers is committed to creating an innovation ecosystem that enables large enterprises and startups to thrive together. We offer various services, including CVC operation support and open innovation assistance tailored to meet the diverse requirements of corporate venturing. Our comprehensive approach extends beyond CVC support for large companies to include recruiting support and M&A assistance for startups.

Located in Nagatacho, Chiyoda, Tokyo, under the leadership of CEO Sota Ozawa and Shota Watanabe, Sourcing Brothers was established on October 21, 2019, and has been actively engaging in creating innovation platforms.

For more details on our services and initiatives, visit Sourcing Brothers Official Website.