#Japan #Tokyo #Business Development #Tokyo Grant #Exhibition Support

Tokyo's Market Development Grant Program 2023

The Tokyo Metropolitan Government, in collaboration with the Tokyo Small and Medium Enterprise Corporation, has announced the initiation of its "Market Development Grant Program" for businesses looking to promote their products and services through participation in exhibitions. From May 15, 2023, eligible businesses can apply for financial assistance to cover specific costs associated with exhibiting their offerings, aiming to enhance sales channels in both domestic and international markets.

Grant Overview

The program is divided into two main categories:
1. Tokyo Support Products Market Development Grant: Targeted at businesses that have received specific recognition, evaluation, or support from the Tokyo government or its affiliated organizations for their products or services.
2. Growth Industry Market Development Grant: Aimed at businesses whose products and services fall under the development support themes outlined in the Innovation Map, a framework established by the Tokyo Metropolitan Government to tackle urban challenges through technological innovation.

Eligible Exhibitions

Grants can be utilized for participation in:

• - Domestic exhibitions
• - International exhibitions
• - Online exhibitions

Eligible Expenses

The following costs are eligible for the grant:

• - Exhibition Participation Costs:

1. Booth rental fees
2. Material costs
3. Transportation fees
4. Interpretation costs (for overseas exhibitions only)

• - Promotional Costs:

1. Initial registration fees for EC storefronts
2. Website development or modifications
3. Printing costs for promotional materials
4. Video production costs
5. Advertising fees

Grant Limits and Rates

• - Maximum Grant Amount: Up to 3 million yen
• - Grant Ratio: Covers up to 50% of eligible expenses

Grant Application Period

Applications can be submitted for expenses incurred between September 1, 2023, and November 30, 2024 (a total period of 15 months).

Application Process

The application process will be conducted electronically via the J-Grants system, which requires a G Biz ID Prime account. Here is a brief timeline of key steps:
1. Issuance of G Biz ID: Applicants should apply for their G Biz ID in advance of submitting their application.
2. Submission Period: The electronic application portal will be open from May 15, 2023, at 10:00 AM to May 29, 2023, at 5:00 PM.
3. Document Review and Interviews: Applications will undergo a preliminary document review followed by potential interviews from June to August 2023.
4. Grant Award Notification: Selected recipients will be announced in late August 2023.

To find further details, applicants are encouraged to consult the Market Development Grant Program page on the Tokyo Small and Medium Enterprise Corporation's official website.

Key Contacts

For general inquiries regarding the program:

• - Tokyo Metropolitan Government, Department of Industry and Labor, Business Support Division

Phone: 03-5320-4726

For questions about the grant itself:

• - Tokyo Small and Medium Enterprise Corporation, Grant Division

Phone: 03-3251-7895

This program presents a unique opportunity for businesses in Tokyo to expand their reach and solidify their presence in competitive markets through effective exhibition participation.