July 8, 2019
The Ministry of Economy, Trade and Industry (METI) recently took the opportunity of the Japan Healthcare Contest (JHoC), among others, to build networks with associations contributing to: providing measures for supporting venture businesses and other companies in the healthcare industry, and encouraging such businesses to revitalize through innovation
As part of this effort, in June 2019, METI opened a one-stop counseling counter called the “Healthcare Innovation Hub (commonly called ‘InnoHub’)” on the fourth floor of the Nihonbashi Life Science Building. The counter aims to support venture businesses and other companies in advancing business in the fields of healthcare and life science. METI also opened an official website on which venture businesses and other companies in the healthcare industry are able to send a request for receiving counseling services, retrieve information on measures for supporting them in creating innovations which are provided by the government, municipalities and private companies and receive other services.
Furthermore, as an event for celebrating the opening of InnoHub, METI held a Forum for Celebrating the Opening of Healthcare Innovation Hub on July 5 (Fri.), 2019.
1. Background and purpose
Venture, and other, businesses committed to healthcare and life science require a long period of time and a large amount of expenditures for their research and development of new products or services. In light of this situation, and for providing measures for supporting such businesses, development of an environment in which such businesses are able to receive appropriate support measures, e.g., fund raising, from funds, private companies and other organizations is important.
The previously mentioned “InnoHub” is part of METI’s efforts to provide consultation from venture businesses and other companies in the fields of healthcare and life science.
2. Outline of InnoHub
(1) Opening of the official website
METI opened an official website on which venture businesses and other companies in the healthcare industry are able to: send a request for receiving counseling service; receive introductions to supporters; make use of a function for retrieving information on measures for supporting such businesses in creating innovations which are provided by the government, municipalities and private companies; and receive other services. Upon accepting a request for receiving consultation service from a business, InnoHub will turn the case over to an appropriate InnoHub adviser or supporter association so that the consulter is able to receive a support measure.
(2) Opening of an office for InnoHub
METI opened an office for InnoHub, aiming to build a base on which businesses are able to create innovations.
If you wish to receive consultation services, visit the following website for prior registration.
Location: Fourth floor, Nihonbashi Life Science Building
Address: 2-3-11 Nihombashi, Chuo Ward, Tokyo
(3) Explanations of InnoHub advisers (as of July 8, 2019)
As major providers of consultation services at InnoHub, there are 15 InnoHub advisers who are experts from a variety of fields, such as medical doctors and venture capitalists.
For more information on these advisers, visit the official website below:
(4) Explanations of supporter associations (as of July 8, 2019)
There are 65 associations registered as supporter associations. A call for associations has been opened on a continuing basis. For more information on such associations, visit the official website below:
3. Convening of the Forum for Celebrating the Opening of Healthcare Innovation Hub
As an event celebrating the opening of InnoHub, METI held a Forum for Celebrating the Opening of Healthcare Innovation Hub on July 5 (Fri.), 2019. The forum brought together supporters of InnoHub, mainly InnoHub advisers and representatives of supporter associations, and participants confirmed the roles and functions that InnoHub should play and serve. A panel discussion was also held which focused on the roles expected for InnoHub and ideal goals that InnoHub should achieve in the future.
Title: Forum for Celebrating the Opening of Healthcare Innovation Hub
Date and time: July 5 (Fri.), 2019; from 16:00 to 18:15
Venue: Meeting Room 201, Nihonbashi Life Science Building
Mr. Toshimitsu Fujiki, Director-General for Commerce and Service Industry Policy, Commerce and Service Industry Policy Group, METI
Ms. Hiroko Otsubo, Deputy Director-General, Office of Healthcare Policy, Cabinet Secretariat
Mr. Manabu Yoshida, Director-General, Health Policy Bureau, Ministry of Health, Labour and Welfare
Dr. Yutaka Hatori, Executive Board Member, Japan Medical Association
Mr. Kazumi Nishikawa, Director, Healthcare Industries Division, METI
Mr. Takashi Ueda, Director, Life Science Innovation Network Japan, Inc. (LINK-J); Executive Managing Officer, Mitsui Fudosan Co., Ltd.
Ms. Ayumi Maruyama, President, Triple Regards Corporation
Picture of the panel discussion
Mr. Akihiko Soyama, Director and Director General of Secretariat, LINK-J
Mr. Hitoshi Aizawa, Philips Japan
Dr. Yuri Ueda, Country Director of Japan, HIMSS & Health 2.0; medical doctor
Dr. Hiroaki Kato, Visiting Professor, Digital Hollywood University; medical doctor
Mr. Ryosuke Kimura, Managing Partner, Lifetime Ventures
Mr. Masahiro Sakurauchi, Acting Director, Overseas Markets Cultivation Division, Japan External Trade Organization
Mr. Yuki Shimahara, CEO, LPIXEL Inc.
Picture of the networking event
Division in Charge
Healthcare Industries Division, Commerce and Service Industry Policy Group