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- September 2011
- Basic Agreement toward Enhancement of the Scheme “Special Finance for Small and Medium Enterprises in the Specified Area” upon Nuclear Power Accident in Relation to Lifting the Evacuation-Prepared Area in case of Emergency designation
Great East Japan Earthquake-related SME Measures No. 45
Basic Agreement toward Enhancement of the Scheme “Special Finance for Small and Medium Enterprises in the Specified Area” upon Nuclear Power Accident in Relation to Lifting the Evacuation-Prepared Area in case of Emergency designation
Fukushima Prefecture and the Ministry of Economy, Trade and Industry (METI) have provided loans for small and medium enterprises (SMEs) forced to move out from the areas affected by the nuclear power plant accident since June this year. They take advantage of the Organization for Small and Medium Enterprises and Regional Innovation, Japan (SMRJ) enhancement loan scheme to provide funds needed by the SMEs as above to continue and restart their business at new locations in Fukushima Prefecture. Now that the Evacuation-Prepared Area in case of Emergency designation has been lifted, they have agreed to enhance the scheme (See the Appendix for details(PDF:85KB)
).
- Points of Scheme Enhancement
(1) Start of loans for continued or restarted business in the areas where the Evacuation-Prepared Area in case of Emergency designation is lifted
(2) Addition of medical corporations (with 300 employees at most) to the eligible entities
(3) Addition of the specific spots recommended for evacuation to the areas eligible to the loan
2. We will continue discussion on specific design of the scheme respecting the intention of Fukushima Prefecture.
Release Date
September 30, 2011
Division in Charge
Office of Director for Policy Coordination, Small and Medium Enterprise Agency