Support for Emergency Stabilization Measures Amid Rising Raw Material Prices in Tokyo

Economic Relief for Tokyo's Small Businesses

In response to the escalating prices of raw materials due to the geopolitical tensions in the Middle East, the Tokyo Metropolitan Government has launched a new initiative designed specifically to support small to medium-sized enterprises (SMEs) suffering from declining profit margins. From June 24, businesses in Tokyo will have the opportunity to apply for financial assistance under the "Emergency Stabilization Measures for Management Foundation in Response to Soaring Raw Material Prices."

Navit, a company based in Chiyoda, Tokyo, is at the forefront of delivering this vital support through its program, "Subsidy Now". This platform disseminates timely information about subsidies and grants while also offering tailored application assistance to help businesses navigate the complexities of funding applications.

The newly announced subsidy provides substantial aid up to 20 million yen, covering up to 80% of eligible expenses. This financial support is aimed at companies looking to invest in equipment and systems that will help mitigate rising material costs, thus ensuring their operational efficiency.

Companies eligible for this subsidy must demonstrate that they are directly affected by the recent surges in raw material prices, driven by geopolitical events. The goal is to facilitate investments aimed at reducing the use of materials, decreasing the rate of defective products, improving yield rates, mitigating inventory losses, and streamlining operations.

For many businesses contemplating significant investments in new technology or systems, this is a golden opportunity to acquire necessary funding. Whether you have queries about eligibility or require guidance on preparing an investment plan, Navit offers a prompt consultation service aimed at assisting applicants. Businesses are encouraged to reach out to Navit as soon as possible to clarify their eligibility and explore how to maximize the funding potential available.

How to Apply for the Subsidy

To initiate the application process, interested companies can reach out through the following links:

With such significant potential benefits, SMEs in Tokyo are urged not to miss this opportunity for financial support and to consider applying for the subsidy soon. This funding could prove to be a turning point in stabilizing their business operations during these challenging times.

Contact Information

For more information, companies can contact:
Certified Management Innovation Support Organization
株式会社ナビット助成金なう事務局
Phone: 0120-937-781
Fax: 03-5215-5702
Business Hours: Monday to Friday, 10:00 AM to 7:00 PM
Email: [email protected]