The city of Kitakyushu announced it would launch in August Kitakyushu Venture Innovation Club, an organization for supporting new companies backed by venture capital. The city already has provided office space and advice to venture capital startups, but thought that greater support was essential to become a city at the forefront of industrial innovation in Asia. The organization will hold exchange meetings and sponsor lectures about product planning.
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- Kitakyushu to Launch Organization Supporting Venture Capital Startups