#Japan #Tokyo #Grant #Navit

Introduction

Starting from June 1, 2023, a new funding initiative named "Challenging Tomorrow Grant" will be available for small businesses in Tokyo. This program aims to support small to medium-sized enterprises (SMEs) with grants of up to 20 million yen, focusing on enhancing the quality and value of their services and technologies.

About the Grant

The Tokyo Metropolitan Government is encouraging SMEs to innovate and enhance their operations through this funding opportunity. The application period runs from June 1 to July 3, reflecting a commitment to empowering businesses that have been operational for at least two years as of April 1, 2023.

Eligible Applicants

The grant targets several categories of businesses:
1. Small Enterprises: These must be established companies or individual entrepreneurs based within Tokyo and in operation for over two years.
2. Small Business Associations: Organizations such as unions or cooperatives that also fall under the same operational time requirement.
3. Business Groups: Composed of multiple SMEs working collaboratively.

Funding Details

The funding will be available for various initiatives aimed at technological development and service enhancement, encouraging investments into:

• - Raw materials and auxiliary supplies
• - Machinery and tools
• - Contract labor and outsourcing costs
• - Intellectual property application and implementation fees
• - Technology guidance costs
• - Exhibition and advertising costs

Grant Limits

There are specific categories under which applicants may fall:

• - Small Business Category: Offers a maximum of 10 million yen, covering up to two-thirds of eligible costs.
• - General Category: Offers a maximum of 20 million yen, also covering two-thirds of eligible expenses.

Examples of Eligible Activities

Eligible activities for the grant may include:

• - Improvement of processing technology for thinner or smaller products.
• - Reevaluation of production lines to achieve shorter delivery times and lower costs.
• - Establishing systems for visualizing order procurement to enhance customer service efficiency.
• - Increasing service capabilities through external technology guidance.

Implementation Locations

Project implementation should occur in the business’s own facilities located within Tokyo or in neighboring prefectures such as Kanagawa, Saitama, Chiba, Gunma, Tochigi, Ibaraki, and Yamanashi.

Application Assistance

Navit Corporation, based in Chiyoda, Tokyo, provides comprehensive support for applicants looking to navigate the complexities of applying for this grant. Interested SMEs are encouraged to reach out for consultation and application support.

How to Apply

Les affter applications can be submitted for guidance and support via this form.
For more information, contact:

• - Phone: 0120-937-781
• - Email: [email protected]

Available hours are Monday to Friday, from 10 AM to 7 PM.

Navit is recognized as a certified management innovation support organization aimed at assisting businesses in accessing vital funding resources. Don’t miss out on this significant opportunity to enhance your business capacity and drive innovation with substantial financial backing.