Calling for Enterprise Applicants for the “HIYAKU Next Enterprise” Programs under the Program for Supporting Mid-ranking Companies and SMEs in Creating Innovation Leaders from medium enterprises, SMEs and venture businesses to be dispatched to four cities which are bases of global innovation, including Silicon Valley
As part of the Project for a Bridge of Innovation between Silicon Valley and Japan, the Ministry of Economy, Trade and Industry (METI) decided to send leaders from outstanding mid-ranking companies, SMEs and venture businesses with quality technologies and excellent business ideas to global innovation bases, including Silicon Valley. At these bases, the leaders will learn about the frameworks of venture ecosystems and approaches to the use of such ecosystems and will have opportunities to acquire knowledge and establish networks concerning business development overseas. METI hereby announces a call for enterprises to apply for these dispatch programs.
Official website is now open (in Japanese).
1. Outline of the Project for a Bridge of Innovation between Silicon Valley and Japan
On April 30, 2015, Prime Minister Abe announced the inauguration of the project during his visit to Silicon Valley, the United States. In response, METI has been conducting programs to take advantage of human resources, enterprises and opportunities in Silicon Valley. Through these programs which connect entrepreneurs and leaders from enterprises in Japan to those in Silicon Valley, METI aims to establish a framework for the sustainable creation of world-class innovation in Japan.
2. Details of the overseas programs
- Silicon Valley Course
- Visit innovation bases and/or attending social exchanges with people from local enterprises and local entrepreneurs in San Francisco, Los Angeles, and other cities, etc.
- New York Course
- Visit innovation bases and/or attending social exchanges with people from local enterprises and local entrepreneurs in New York, etc.
- South by Southwest (SXSW) Course
- Participate in South by Southwest (SXSW) Conference and Festivals, the world’s largest event featuring innovative technologies and services, etc.
- Singapore Course
- Visit innovation bases and/or attending social exchanges with people from local enterprises and local entrepreneurs in Singapore, etc.
Note: For the outline of the courses, see the application guidelines.
- Mid-ranking companies, SMEs and venture businesses in Japan that intend to expand business overseas by taking advantage of innovative technologies or business models
- Business operators or executive managers of medium enterprises, SMEs and venture businesses who are committed to overseas business development and will be able to participate in an overseas program for approximately one week and also be able to participate in meetings before the trip and follow-ups afterward; preferably, those who are able to communicate with people in English
4. Number of companies to be sent
About 15 companies per course
Period of the call: October 4 (Tue.) to November 6 (Sun.), 2016
Note: For the South by Southwest (SXSW) course, the closing date is 12:00 p.m., October 28 (Fri.), 2016.
- Announcement of successful applicants: Late November 2016
Period of travel: January to March 2017
Note: The travel period varies between courses. For details, see the application guidelines.
METI will subsidize airfare and accommodation costs.
Note: The upper limit of the assist amount varies for each course. For details, see the application guidelines.
7. To apply
- Please visit the following website and send an application form (in Japanese).
8. Examination and selection
A selection committee of external experts will examine applications and select applicants based on the submitted applications.
The list of successful applicants will be made public on the METI website and the program secretariat website. The secretariat will also send a notice of the results to all applicants.
September 26, 2016
Division in Charge
New Business Policy Office, Economic and Industrial Policy Bureau