#Japan #growth #Shibuya #ONE CAREER #Subsidy

One Career Selected for the Small Business Growth Acceleration Subsidy

One Career, a company specializing in career data platforms and headquartered in Shibuya, Tokyo, has recently been chosen for the Small Business Growth Acceleration Subsidy. This initiative, overseen by the Ministry of Economy, Trade and Industry, the Small and Medium Enterprise Agency, and the Independent Administrative Institution Organization for Small and Medium Enterprises and Regional Innovation, aims to support small businesses striving to achieve significant growth.

Overview of the Small Business Growth Acceleration Subsidy

The Small Business Growth Acceleration Subsidy is a program designed to encourage small businesses aiming for sales of over 10 billion yen (approximately $90 million). These enterprises are expected to engage in bold investments that will positively impact wage increases, tap into overseas demand through exports, and stimulate local economies.

Key Aspects of the Subsidy

• - Eligibility: Small enterprises with a goal of achieving sales above 10 billion yen. Their current revenue must range between 1 billion yen (approximately $9 million) and below 10 billion yen.
• - Subsidy Rate: Up to 50% of qualifying expenses.
• - Maximum Grant Amount: Up to 500 million yen (around $4.5 million).
• - Eligible Expenses: Funding can be allocated for building costs, machinery, software development, subcontracting, and expert consultation.
• - Qualification Requirements: Applicants must invest at least 100 million yen in eligible costs, declare a commitment to reaching the sales target of 10 billion yen, create a business plan to meet specific wage increase criteria, and carry out projects within Japan.
• - Project Duration: Subsidy projects must begin within 24 months of the approval date.

One Career's Commitment to Growth

As part of their ambitious target, One Career has established a commitment known as the '100 Billion Declaration.' This declaration outlines their objectives, challenges, and specific measures required to achieve sales of 10 billion yen. It emphasizes the company's commitment and demonstrates the practicability of this goal.

In order to accomplish this target, One Career has identified several growth strategies, including:
1. Service Enhancement: Focus on strengthening services in specific categories related to regions, industries, and professions.
2. Continuous Product Improvement: Engage in ongoing enhancements to their product offerings and significant investments in sales and marketing.
3. Utilization of AI: Leverage proprietary career data alongside AI and generative AI technologies to improve user convenience and develop services that meet the evolving demands of the job market.

Through this approach, One Career intends to consolidate all relevant data regarding job selection and innovate the hiring market through a comprehensive array of services.

Strategic Use of the Subsidy

By leveraging this subsidy, One Career plans to make massive investments in software and office environment improvements, aiming to solidify its stance as a leading company in the recruitment industry.

About One Career

One Career operates with the mission of “creating careers for as many people as there are.” It offers a platform where individuals and organizations can access all data related to job selection. Their services include:

• - Job hunting support services for students (One Career Student Edition)
• - New graduate recruitment services for companies (One Career Corporate Edition)
• - Employment support and mid-career recruitment services (One Career Employment)

Company Details:

• - Company Name: One Career, Inc.
• - Headquarters: 20-1 Sakuragaokacho, Shibuya, Tokyo, Japan
• - Established: August 18, 2015
• - CEO: Naoyuki Miyashita
• - Business Focus: Career data platform services (support for recruitment DX, among others)
• - Stock Code: 4377 (TSE Growth)
• - Website: One Career Official Site

With the strategic selection of the subsidy, One Career is well-positioned to accelerate its growth path and contribute meaningfully to the job market in Japan.