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Newly Selected Startups Released under the Public-Private Joint Initiative for Supporting Startups called “J-Startup Program”

Overview of the selection effort under the J-Startup 2019 program

June 24, 2019

The Ministry of Economy, Trade and Industry (METI) hereby announces that it newly selected 49 startups as J-Startup companies under the J-Startup program. These selected J-Startup companies are entitled to make use of governmental support measures for expanding their businesses overseas and for other business purposes.

1. Overview of the program

In June 2018, METI inaugurated the J-Startup program aiming to mentor ambitious startups into becoming leaders in overseas markets. Under this program, METI selects outstanding startups as J-Startup companies from a pool of startups nominated by outside experts, including proven venture capitalists, accelerators and personnel in charge of new business ventures in large companies, and then organizations in the public and private sectors will jointly provide intensive support measures to these selected startups, working with cooperating partners, called “J-Startup Supporters,” consisting of large companies and accelerators.

METI, the Japan External Trade Organization (JETRO) and the New Energy and Industrial Technology Development Organization (NEDO) together organized a secretariat that has been conducting the program.

2. Efforts under the program

Under the J-Startup program, a variety of efforts have been advancing to support startups, such as: providing support to startups participating in and constructing exhibition booths at the Consumer Electronics Show (CES) and other international exhibitions overseas; convening networking events between the leaders of the Keidanren and the Keizai Doyukai and business owners of J-Startup companies; and expansion of opportunities for J-Startup companies to participate in tendering bids METI will continue to support startups, aiming to create new Japan-oriented business role models.

3. Selection under the J-Startup 2019 program

In selecting startups under the J-Startup 2019 program, jointly with the existing and new expert members of the program that nominated the applicant startups, METI newly selected 49 startups as J-Startup companies focusing on three factors: [i] promotion of open innovation, [ii] overseas business development and [iii] discovery of promising startups in non-metropolitan regions.

4. Future release of related information

METI will publish related information on the following website when it comes available. Please continue to check the website for the latest information.

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