Tokyo's New Grant Program: Support for Innovative Equipment Investments Begins Soon

Tokyo's Transformative Grant Program

Starting from August 27, a new, significant grant program in Tokyo is set to support innovative equipment investments for small and medium-sized enterprises. Managed by Navit Co., located in Chiyoda-ku, Tokyo, this initiative promises substantial financial support for businesses looking to enhance their operations through advanced machinery and technology.

Important Dates for Applicants

The application reservation period is scheduled from August 22 to September 24, followed by the actual application acceptance period from September 19 to October 2. This timeline marks crucial opportunities for small and medium enterprises to secure funding for necessary equipment and machinery.

Financial Support Overview

This grant program allows businesses to receive up to 100 million yen, covering 80% of eligible expenses related to innovative machinery investments. Compared to the existing manufacturing subsidy and business restructuring grants, the amount and rate of assistance provided by this program are significantly more advantageous, enabling businesses to expand their capabilities with more confidence.

Who Can Apply?

The program is geared toward small and medium enterprises engaged in pioneering efforts and requiring support for their equipment expenditures. This is an exciting opportunity for companies looking to invest in new technologies to improve productivity and competitiveness in their respective industries.

Application Assistance Available

Navit is readily available to assist with consultations and application support throughout this process. If you are interested in applying for this grant, you are encouraged to reach out and benefit from expert assistance.

For more detailed information on applying, please visit the application support page here.

For more information about the grant itself, check out the details available here.