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Cabinet Decision on the FY2017 Policies for Granting Designated Subsidies to SMEs, Small Enterprises, and Other Entities Target amount of subsidies expenditure has been set at 46 billion yen for SMEs, small enterprises or other entities

The Cabinet decided to approve the FY2017 Policies for Granting Designated Subsidies to SMEs, Small Enterprises or Other Entities (hereinafter referred to as the “policies”).* This is a part of the efforts under the SBIR (Small Business Innovation Research) program in Japan pursuant to the Act for Facilitating New Business Activities of Small and Medium-sized Enterprises.

*Note: The term “designated subsidies” refers to subsidies granted by the government and other organization (related ministries and agencies, incorporated administrative agencies, etc.) to SMEs, small enterprises or other entities for research and development (R&D) activities related to new technologies. The subsidies will be designated by the government such that SMEs, small enterprises or other entities as applicants are able to implement business activities in which the results of R&D are utilized.

1. Outline of the program

Aiming to expand the R&D budget expenditure allocated to SMEs, small enterprises or other entities and support the commercialization of R&D results by such businesses, the Cabinet has been approving Policies for Granting designated Subsidies to SMEs, Small Enterprises or Other Entities covering the following actions every fiscal year since FY1999 under the Act for Facilitating New Business Activities of Small and Medium-sized Enterprises.

  1. Target amount of the R&D budget expenditure of the government and other organizations allocated to SMEs, small enterprises and other entities
  2. Support and other measures for SMEs, small enterprises or other entities in commercializing newly-developed technologies through the utilization of the designated subsidies

2. Highlights of the FY2017 policies (new and improved actions)

  1. With the cooperation of the related ministries and agencies, the government and other organizations decided that the target amount of R&D budget expenditure of the government and other organizations allocated to SMEs, small enterprises or other entities will be 46 billion yen, remaining the same as in FY2016, which marked a record-high target amount.
  2. Out of the total designated subsidies, the government will ascertain the amount of expenditure allocated to newly-established SMEs, small businesses or other entities that have been in business for 10 years or less. Through this effort, it will endeavor to promote the utilization of such subsidies by the businesses through holding seminars and other opportunities for information provision.
  3. Taking advantage of display examination for government-led exhibitions, the government will strive to take into consideration newly-established SMEs, small businesses or other entities.
  4. Aiming to reduce burdens on SMEs, the government will revise the procedures for filing applications for subsidies, e.g., utilization of the Venture Business Assistance Platform* in streamlining or harmonizing such procedures.

*Note: The Venture Business Assistance Platform aims to dramatically streamline procedures for filing applications for programs for assisting venture businesses, e.g., those for receiving subsidies or commission fees. Through this platform, users are able to enjoy harmonized application forms, retrieve desired data from a database (e.g., information on companies) and file an application online.

Release date

July 25, 2017

Division in Charge

Technology and Innovation Division, Business Support Department, Small and Medium Enterprise Agency

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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