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"Fukushima" Fukushima Prefecture Accepting applications for FY2017 Subsidy Program for Foreign Corporations Newly Entering Fukushima Prefecture for Business

Jul 24, 2017

Fukushima Prefecture considers industries related to medicine, renewable energy and robotics to be growth industries which will lead to the revitalization of the prefecture, and is now promoting the agglomeration of related enterprises.
We are currently soliciting applications for the subsidy program described below for foreign corporations related to these three sectors to encourage them to consider establishment of business bases in Fukushima.
We hope that all corporations wishing to establish a presence in Fukushima for the first time will consider this subsidy program.

Application period Wed, Jul 19, 2017 to Thu, December 28, 2017
Eligible corporations Foreign affiliates (companies in which at least half the capital is funded by a foreign corporation[s] or a foreign investor[s]) seeking to newly establish one or more facilities in the prefecture, for at least one of the following purposes: manufacturing, R&D, sales and market study.
Subsidy amount/subsidy rate Per corporation       Up to 24 months
Up to 10 million yen per year
Subsidy rate            Up to 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 (up to 5 million yen)


    For more details, please see the websiteExternal site: a new window will open..(Japanese only)

Inquiry

Foreign Corporation Investment Promotion Medical Industry Cluster Promotion Unit Commerce, Industry & Labor Department Fukushima Prefecture

Mr. Ihara
Tel: 024-521-7282
E-mail: medical-unit@pref.fukushima.lg.jp

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