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IoT Acceleration Lab Started Calling for New Projects for the Second IoT Lab Selection

On April 15, 2016, IoT Acceleration Lab started calling for new projects for the second IoT Lab Selection.

1. Outline

With the advent of IoT, big data and AI, industries and society as a whole are seeing significant changes all over the world. In response to this situation, it is necessary for Japan, as well as other countries, to create new IoT business models, uncover and develop IoT platform creators, and use them as a driving force for new growth.

To achieve the goals, the IoT Acceleration Lab will collaborate with government-related organizations, financial institutions, venture capital businesses and other entities, and provide financial and mentoring support and support for regulatory reforms and standardization with outstanding IoT projects selected from the viewpoint of the potential of growth, leadership, dissemination potential (openness) and commitment to society.

2. Targets of support

Projects involving business utilizing IoT, big data and AI, including the development of software, hardware prototypes, R&D and demonstrations thereof

3. Invitation period

From Friday, April 15, to 12:00 p.m., Tuesday, May 31, 2016

4. Entitled applicants

Individuals, companies and associations, including teams in companies or associations

5. Participating support agencies (tentative)

Cool Japan Fund Inc., Innovation Network Corporation of Japan (INCJ), Information-Technology Promotion Agency, Japan (IPA), New Energy and Industrial Technology Development Organization (NEDO), Japan External Trade Organization (JETRO), The Shoko Chukin Bank, Ltd., Japan Finance Corporation, Development Bank of Japan Inc., Mizuho Bank, Ltd., The Bank of Tokyo-Mitsubishi UFJ, Ltd., Archetype Ventures, ABBAlab Inc., Inclusion Japan, Inc., World Innovation Lab (WiL), Weru Investment Co., Ltd., Global Catalyst Partners Japan, Investment Limited Partnership, GLOBIS Capital Partners & Co., Industrial Growth Platform, Inc., JAFCO Co., Ltd., CSAJ Startup Fund Investment Limited Partnership, The University of Tokyo Edge Capital Co., Ltd., Draper Nexus Venture Partners, LLC, B Dash Ventures Inc., Beyond Next Ventures Inc., Fin Tech Global Capital, LLC, Leave a Nest Co., Ltd, and other financial institutes, venture capital businesses and entities that agree with this initiative and support the IoT project, all of whose participation was approved by IoT Acceleration Lab

Note: For details of the invitation, visit the following website (in Japanese): link

Release date

April 15, 2016

Division in charge

Information Economy Division, Commerce and Information Policy Bureau

Related Information

Ministry of Economy, Trade and Industry1-3-1 Kasumigaseki, Chiyoda-ku, Tokyo 100-8901, Japan Tel: +81-(0)3-3501-1511
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