Exploring Entrepreneurship and Business Succession in Tokyo's Islands

The vibrant islands of Tokyo's archipelago offer a unique setting for entrepreneurs and those interested in business succession. On November 28-29, 2026, the COMMONS Meeting event will take place in Hachijojima, organized by TIAM Co., Ltd. in collaboration with the Tokyo Chamber of Commerce and Industry. This meeting is designed for individuals interested in starting their own businesses or transitioning existing ones in the region.

Participants will have the opportunity to visit various workplaces run by local business owners on Hachijojima. They will also hear from representatives of local chambers of commerce and financial institutions, gaining insights into the unique challenges and innovative solutions that define life and work on these islands.

The Importance of Personal Connections

Starting a business in a new environment involves understanding more than just market data and business plans. It requires an appreciation of local history, culture, and the interpersonal relationships that shape daily life on the islands. The COMMONS Meeting will facilitate direct interactions with successful entrepreneurs, established businesses, and support agencies, emphasizing the importance of these connections in fostering a new business ecosystem.

The goal is to transform insights and connections gained during this two-day event into actionable steps for entrepreneurship and business succession, enhancing ongoing involvement with the island community.

Day One: Immersing in Hachijojima

The program kicks off with an in-depth exploration of Hachijojima itself. Participants will learn about the island's rich history, cultural background, and major industries, while also experiencing local life by visiting supermarkets and shops. This will include discussions around the impact of Typhoons 22 and 23, which struck in 2025, offering insights into recovery efforts and the importance of understanding both natural and economic challenges faced by island residents.

Conversations with Local Entrepreneurs

The second part of the program focuses on visiting local entrepreneurs, including those who have recently started new businesses, taken over existing ones, or continued traditional trades. Participants will engage in candid discussions about the motivations behind their business choices, the preparations they undertook, and the relationships they built within the community. These firsthand experiences will offer valuable perspectives on the trials and tribulations of entrepreneurial life on an island.

Learning from the Local Support System

Understanding local business structures is crucial for any aspiring entrepreneur. Participants will learn from local representatives of chambers of commerce, such as the Hachijojima Chamber of Commerce and the Nanashima Credit Union. They will discuss business succession and financing options, highlighting the supportive networks available for those still in the planning phases of their ventures.

Networking Opportunities

On the evening of the first day, participants will enjoy networking sessions with local business owners and support representatives. This informal setting will allow for open dialogues about various topics concerning island life, including working conditions, community relations, and resource availability.

Discovering Hachijojima

Located approximately 287 kilometers south of Tokyo and a mere 55-minute flight from Haneda Airport, Hachijojima is known for its stunning natural beauty, from Mount Hachijo to the soothing hot springs. The island boasts rich agricultural products such as 'Asu' leaves, Hachijo fruit lemons, and delicious dairy products, all of which contribute to its unique culture. However, the island faces challenges like population decline and workforce shortages, highlighting the urgency of integrating new talent and innovative ideas into existing businesses.

Discovering Your Potential

This event is tailored for those who wish to explore business creation or succession as viable career paths - whether you are looking to leverage your current skills while integrating into a new community or wish to explore the potential for a multi-local lifestyle. Understanding local realities, including funding, housing, and community relationships, is essential for anyone considering entrepreneurship on the islands.

Testimonials from Last Year’s Participants

Feedback from participants at last year’s meeting on Miyake Island spoke volumes:

- “The focus on business succession allowed for deeper engagement with the culture and emotions within the land, transcending standard tourism.”
- “My previously vague future plans have solidified, giving real weight to the concept of business succession.”
- “Speaking directly with those who've successfully transitioned businesses provided clarity on funding and preparation phases.”

The upcoming COMMONS Meeting aims to provide not just knowledge but actionable steps towards foster productive island relationships and sustainable business practices.

Event Details

- Dates: November 28-29, 2026
- Location: Hachijojima, Tokyo
- Participants: Limited to 5 participants (minimum of 2)
- Cost: Primarily free (covers round-trip airfare, accommodation, program costs, transportation on the island, and insurance, but excludes personal expenses)
- Application Method: Apply via the dedicated form (selected, not first-come)
- Deadline for Applications: October 4, 2026
- Selection Notification: October 9, 2026
- Organizer: Tokyo Chamber of Commerce and Industry
- Managed by: TIAM Co., Ltd.