Ministry of Economy, Trade and Industry
Font Size Change
S
M
L
  • METI HOME
  • Information
  • News Releases
  • Back Issues
  • June 2015
  • Plans by Osaka University Venture Capital Co., Ltd. Were Approved for a Support Program for Utilizing Specified Research Result pursuant to the Industrial Competitiveness Enhancement Act

Joint Press Release with MEXTPlans by Osaka University Venture Capital Co., Ltd. Were Approved for a Support Program for Utilizing Specified Research Result pursuant to the Industrial Competitiveness Enhancement Act

The Ministry of Economy, Trade and Industry (METI) authorized plans for a support program for utilizing specified research result under the Industrial Competitiveness Enhancement Act, which were submitted by OUVC First Investment Limited Partnership (unlimited liability partner: Osaka University Venture Capital Co., Ltd.).

1. Background on Financing for Investment Limited Partnerships by Educational Institutions Such as National Universities

  1. If an Investment Limited Partnership operates a business offering advice to management and supplying funds (support program for utilizing specified research results) to venture capital firms established by universities which apply the technological research results obtained from institutions such as national university corporations in their businesses, the Investment Limited Partnership can submit a plan for such business to the Education, Culture, Sports, Science and Technology (MEXT) Minister and METI Minister, and then may receive a certification that proves that the said plan is appropriate. For further details, please refer to the attachment.
  2. Authorized support entities for utilizing specified research results will be able to receive investment as well as human and technical expertise and advice from national universities. (*Please note: each investment from institutions such as national university corporations requires authorization by the MEXT Minister.)

2. The current Authorization

METI and MEXT reviewed and authorized the plans for the support program for utilizing specified research results submitted by Osaka University Venture Capital Co., Ltd. regarding OUVC First Investment Limited Partnership, assigning the company as an unlimited liability partner.

METI conducted a review of the plans for the structure of the board of directors and levels of compensation for this venture capital firm based on consultation with outside experts.

This authorization allows OUVC First Investment Limited Partnership to be an authorized support entities for utilizing specified research results , and the partnership will advance various efforts for the practical development of outcomes of research from Osaka University.

Release date

June 8, 2015

Division in Charge

Industry-University Collaboration Office
Industrial Science and Technology Policy and Environment Bureau

Ministry of Economy, Trade and Industry
1-3-1 Kasumigaseki, Chiyoda-ku, Tokyo 100-8901, Japan Tel: +81-(0)3-3501-1511
Copyright Ministry of Economy, Trade and Industry. All Rights Reserved.