Local News

Fukuoka City Establishes New Subsidy for Foreign Entrepreneurs

In fiscal 2016, Fukuoka City will begin offering subsidies of up to ¥120,000/month to cover 50% of rent and office equipment expenses in an effort to attract more foreign entrepreneurs to the city. With this, the City adds another arrow to its quiver for encouraging startups, following on the heels of relaxed visa requirements for entrepreneurs within its National Strategic Zone. The City aims to grant around 10 subsidies in the initial year of the new scheme. In addition to this, City Hall is also planning sessions to provide support for local companies aiming to expand overseas and match entrepreneurs with existing companies. Source: fiba.jp

Read more about Fukuoka’s Startup Visa here.

startup subsidiary
Thomas and Yasmine: the creators of “task marketplace” Ikkai and the first people to receive Startup Visas.

Category
Business
Published: May 6, 2016 / Last Updated: May 6, 2016

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