NTT Urban Development Partners with Tokyo for Startup Support
NTT Urban Development Corporation, headquartered in Chiyoda, Tokyo, has been selected as an official partner for the "TOKYO SUTEAM" initiative, a project aimed at supporting startups within the city. The agreement to commence collaboration was formalized on October 27, 2025. This initiative is an essential part of Tokyo's broader strategy, titled "Global Innovation with STARTUPS," which was set forth in November 2022.
Aiming for a Thriving Startup Ecosystem
The TOKYO SUTEAM project is not just about creating startups, but about enriching the overall ecosystem within Tokyo. The focus is to leverage the knowledge, networks, and resources of selected organizations like NTT Urban Development to foster innovative startups that can contribute to the city's economic landscape. With a target of launching 10 new startups over the 18-month collaboration period, NTT Urban Development aims to play a significant role in this dynamic effort.
Comprehensive Acceleration Program
One of the main components of NTT Urban Development's involvement is the implementation of an acceleration program designed to work closely with entrepreneurs from the ideation stage to the prototype development phase. Many aspiring business owners struggle to identify initial customers, particularly in sectors that address essential aspects of daily life. To combat this challenge, the company will provide financial aid and support for entrepreneurs who are working on solutions to improve daily living.
Overview of Program Details
The acceleration program consists of several key initiatives:
1.
Research Program: Surveys will be conducted among Tokyo residents to pinpoint everyday challenges that need addressing. Insights garnered from these surveys will help entrepreneurs refine their business concepts and focus on real-world needs.
2.
Learn Program: Selected entrepreneurs will receive training in business model development and product management. This part of the program will include classroom instruction as well as hands-on workshops to hone essential skills.
3.
Co-Create Program: Startups that successfully complete the Learn Program will be eligible for funding to assist in product development. Utilizing real estate assets managed by NTT in Tokyo, large-scale user testing will be implemented, allowing for valuable feedback and improvements on the prototypes being developed.
Through these structured programs, NTT Urban Development aims to expedite entrepreneurs' growth, enabling them to discover early customers and solidify their business models effectively. More importantly, Tokyo residents will have the unique opportunity to engage actively in the startup creation process, resulting in a more intimate connection with the innovations that are emerging in their city.
Impact on Tokyo's Future
By launching the TOKYO SUTEAM initiative in collaboration with the government, NTT Urban Development not only aims to boost local businesses but also seeks to lay the groundwork for future innovations that can enhance the quality of life in Tokyo. This partnership is a clear testament to how urban development and innovation can go hand in hand, providing a model for other metropolitan areas looking to generate a robust startup environment.
NTT Urban Development Corporation invites interested parties and entrepreneurs to reach out for more information about the acceleration program and how to get involved.
For inquiries, please contact:
NTT Urban Development Corporation, Public Relations Department, Kobari and Abe at
[email protected]