Local News

Fukuoka City Awards Subsidies to Two Local Companies

Fukuoka City is supporting two businesses related to Kyushu University’s patented projects. The city announced the selection of Koala Tech Inc. and Kaico Ltd. for its subsidy program to support startups’ growth involving research-and-development works, with subsidies of ¥2 million for each. Kaiko is currently working on developing a vaccine against the new coronavirus with silkworm protein. At the same time, Koala Tech aims to bring a thin and flexible diode laser into the market within the next three years. Source: Zaikai KyushuFukuoka City

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Published: Nov 20, 2020 / Last Updated: Nov 20, 2020