The Japanese Cabinet is setting aside 46 billion yen ($416 million) in planned subsidies for SMEs, small enterprises or other entities in fiscal 2017, according to the Ministry of Economy, Trade and Industry (METI). The subsidies are part of the government’s Small Business Innovation Research (SBIR) program and geared toward business activities based on R&D results. Subsidies for SMEs The […]
SME
Japan Ramps up Business Succession Support Amid Aging Owners
Small and Medium Enterprises form the backbone of Japan’s economy. They employ the majority of people and account for a large share of the country’s economic power. Yet as the aging population of business owners increases, hundreds of thousands of SMEs in Japan are about to face the time when they must hand over their businesses to the next generation. […]
Japan Patent Office Opens Public Services Center in Osaka
The Japan Patent Office (JPO) will open the INPIT-KANSAI center of intellectual property public services on July 31. The new office is located in Osaka’s Grand Front Osaka Building and aims to support the business growth of firms in the Kansai region, including SMEs and startups. It is part of the Japanese government’s push to foster local economies. The new […]