1. Site Top
  2. Investing in Japan
  3. Latest Updates
  4. 2016
  5. "Fukushima" Call for Application for Subsidy for Foreign Corporations Newly Entering Fukushima Prefecture for Business

Latest Updates"Fukushima" Call for Application for Subsidy for Foreign Corporations Newly Entering Fukushima Prefecture for Business

May 06, 2016

Fukushima Prefecture considers industries related to medicine, renewable energy and robotics to be growing industries which will lead the reconstruction of the Prefecture, and is now promoting the agglomeration of related enterprises.
We currently are soliciting applications for the subsidy described below, for foreign corporations related to the three sectors indicated above to study establishing an office location and advancing into Fukushima Prefecture.
We hope that all corporations wishing to establish a base in Japan (for research and development, manufacturing, sales, marketing, etc.) will consider this plan.

Application period March 14, 2016 (Mon) to July 1, 2016 (Fri.)
Eligible corporations

Eligible corporations shall be foreign corporations that will establish a business location, etc., manufacturing facility, or research facility in Fukushima for the first time, seeking to newly establish one or more facilities in the prefecture for manufacturing, research and development, sales, or market study.
(Foreign corporations of which one half or more of the investment in capital is contributed by foreign corporation(s)).

Subsidy amount/ Subsidy rate Per corporation     Up to 24 months    
                             Up to 28 million yen per year
Subsidy rate          3/4
Major expenses eligible for subsidy (1) Rent expenses and utility charges for newly leased business facilities
(2) Consignment fees for management consultants on relevant legal affairs
(3) Expenses required for recruiting employees and other human resources
(4) Expenses required for incorporation
(5) Personnel expenses for new employment in Fukushima Prefecture
 
Inquiry
Foreign Corporation Investment Promotion
Medical Industry Cluster Promotion Unit
Commerce, Industry & Labor Department
Fukushima Prefecture
Mr.Ihara
TEL : 024-521-7282
E-mail : ihara_yasuhiro_01@pref.fukushima.lg.jp