Great East Japan Earthquake-related SME Measures No. 35

The Fukushima Prefectural Government and the Ministry of Economy, Trade and Industry (METI) reached an agreement in principle on April 22 to establish a special support program outside the ordinary financial assistance framework “Special Finance for Small and Medium Enterprises in the Specified Area”, in order to help enterprises severely affected by the nuclear power station accident. The program started accepting applications for finance on June 1 at Fukushima Prefectural Industry Development Center and it is announced that the first financing will be implemented today.

For “Special Finance for Small and Medium Enterprises in the Specified Area” established on the basis of the agreement in principle between Fukushima Prefectural Government and METI, applications have been accepted since June 1 at Fukushima Prefectural Industry Development Center.  To enterprises for which financing was approved at the meeting of examiners’ committee, the first financing of 254 million yen was implemented for 11 cases today.

We have received 84 applications so far and financing will be implemented in the future as well.

(Reference)

• Launch of “Special Finance for Small and Medium Enterprises in the Specified Area” in Response to the Nuclear Power Station Accident (May 23)
• Agreement in Principle on Special Support Program (April 22)

June 24, 2011

Office of Director for Policy Coordination, Small and Medium Enterprise Agency

• Related Information