#Japan #Venture Capital #Startup Ecosystem #Kitakyushu #01Booster Capital

Introduction to Kitakyushu's Venture Capital System

Kitakyushu City has designated startups as a driving force for creating a profitable city, recognized as a "Second Phase Startup Ecosystem Hub". This program aims to cultivate a robust startup ecosystem by certifying venture capitals (VCs) that invest in local businesses. Companies receiving funding from certified VCs benefit from various city support schemes, providing them with an edge in funding and business development.

Significance of the Startup Ecosystem Hub Initiative

The Startup Ecosystem Hub initiative is a national project where selected cities receive concentrated support from the government to develop a competitive startup ecosystem on a global scale. This recognition places Kitakyushu in a vital position as it focuses on nurturing startups and small enterprises, providing a range of support measures and resources.

Insights from 01Booster Capital

Comment from Fuyuki Tateyama, Partner at 01Booster Capital

In a recent statement, Fuyuki Tateyama expressed the company's commitment to contribute continuously to the Kitakyushu startup ecosystem through the recent renewal of the certification. "Kitakyushu has a rich history of leading Japan’s manufacturing industry. More recently, the area has become a hub for research, with universities and corporate research institutes gathering at the Kitakyushu Academic Research City. We aim to leverage these assets to further enhance local innovation by facilitating investments, co-creation projects, and building talent networks to invigorate the local economy."

Future Initiatives

The renewal of the certification comes with a promise of accelerated initiatives aimed at strengthening investments in promising regional startups. The highlighted efforts include:

1. Enhancing Investment in Local Startups: Our firm will increase investments in regional revitalization and industry creation startups, particularly those based in Kitakyushu.

2. Exploring Joint Programs: We are considering collaborations with the city, universities, and local enterprises to develop co-creation business programs like SPINX.

3. Utilizing Regional Revitalization Funds: Leveraging the certification system to expand investment in businesses aimed at solving local challenges.

About 01Booster Capital Inc.

Company Name: 01Booster Capital Inc.
Representative: President Norifumi Suzuki.
Address: 1F Shintokyo Building, 3-3-1 Marunouchi, Chiyoda-ku, Tokyo, 100-0005, Japan.
Established: March 2022.
Website: 01Booster Capital

01Booster Capital is an independent venture capital firm that invests in seed-stage startups and spin-off companies from established corporations. The firm aims to create opportunities for collaboration between startups and established businesses, providing consistent support for growth through funding and partnership opportunities.

Our vision is to connect startups, corporations, and society as a whole, establishing a new platform for business creation in Japan.