It was announced that the Fukuoka Growth Next (FGN) initiative would be renewed next summer. The public-private facility provides support to new startups. It was announced on November 29 that a ¥100,000,000 private investment fund had been established to support the project. The aim is to assist with the establishment of 100 companies that have a combined market value of ¥100,000,000 in the five years that follow the renewal. Experts will be on hand to offer advice to businesses and help IT companies that are short staffed. Source: Yomiuri Shimbun, 11/30/2018
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