Investing in Japan
Latest Updates"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||
For more details, please see the website.(Japanese only)
Foreign Corporation Investment Promotion Medical Industry Cluster Promotion Unit Commerce, Industry & Labor Department Fukushima Prefecture