Investing in Japan
Latest UpdatesSubsidy Program for Global Innovation Centers supports 16 projects. Promotion of innovation through collaboration of foreign-affiliated and Japanese companies in regenerative medicine and IoT
Apr 20, 2017
Through the Subsidy Program for Global Innovation Centers, JETRO has supported projects with the promise of bringing high novelty and high added-value in the regenerative medicine and IoT fields in a framework where foreign companies work in collaboration with Japanese companies, universities and other organizations. The program assisted with expenses for the establishment of R&D centers, experimental studies and feasibility studies in Japan for the purpose of introducing technologies and products new to the Japanese market.
A number of new products and services to be realized through these projects that combine state-of-the-art technologies of foreign companies and Japanese companies and organizations in various fields—such as medicine, tourism, agriculture, finance, disaster prevention, manufacturing, transportation, communication and architecture—are expected to give birth to true innovation in Japan capable of addressing societal problems (e.g., resolving the labor shortage, improvement of productivity, sophistication of industries and reduction of medical expenses).
By supporting these projects, JETRO aims to attract talented people from abroad with the most advanced technology and sophisticated expertise to Japan, and by fusing their technology with Japanese technology, make Japan a global innovation hub which will lead to the expansion and creation of new business and employment.
Please refer to the following website for the Subsidy Program and the details of each project.