Business ExpandingCambridge Innovation Center (CIC), a U.S. company that operates office space for startups, opened its first Asian base in Tokyo

May 27, 2021

Cambridge Innovation CenterExternal site: a new window will open., established in 1999 in Massachusetts, U.S., operates the world's largest full-service office innovation centers, housing more than 2,000 startups, venture capital firms, major corporations, and certified professionals worldwide.

On October 1, 2020, the company opened CIC Tokyo, Japan's largest innovation community, on the 15th and 16th floors of Toranomon Hills Business Tower in Minato-ku, Tokyo, occupying approximately 6,000 square meters of space on two floors. Besides shared workspace, it provides seminar rooms, event spaces, and wellness (health maintenance) facilities. CIC's sister organization, Venture Café Tokyo, has also moved in. CIC Tokyo offers all-inclusive monthly lease contracts and aims to build a diverse community centered on startup companies. It will accommodate more than 250 companies in the future.

Establishment
2018/11
Destination
Tokyo

  • Service
  • Other
  • USA

The expansion of the core organization of the innovation ecosystem in the Greater Boston area to Japan bodes well for Japanese startups in CIC's ecosystem to expand overseas, overseas startups advancing into Japan, and promoting cooperation between Japanese companies and overseas startups.

Since its establishment in November 2018, CIC Japan G.K., CIC’s Japanese subsidiary, has been preparing to open CIC Tokyo until the time is ripe. The company is strongly committed to supporting the growth of startups and further nurturing innovation in Japan.

Upon establishing its Japanese base, JETRO's Invest Japan Business Support Center (IBSC) provided consulting (registration, visa, and tax), PR support, and introduced service providers (patent attorneys, banks).

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