Tokyo "GX-Related Foreign Company Market Entry Support Program" for 2024 promotes decarbonization by supporting foreign firms with advanced GX tech. Apply now.

TOKYO, JAPAN, July 1, 2024 /EINPresswire.com/ -- 1. Outline of Application Process
Eligibility: Foreign companies with advanced technological capabilities in GX-related fields who will establish a new base of operations in Tokyo, and start business in FY 2024.
（For details, refer to the application guidelines posted on the website below）

How to Apply: Please review the application guidelines on the website below and follow the procedures: （Application deadline: Friday, July 12, 2024, 11:59pm Japan Standard Time）
https://www.investtokyo.metro.tokyo.lg.jp/en/oursupports/gx-subsidy.html

2.　Schedule （planned, Japan Standard Time）
Friday, July 12: Application period closes
September: Selection of companies to be supported （up to 7 companies will be selected following a review by experts）

3.　Details of Support
Subsidy Amount: From the fiscal year in which a company is selected, TMG will provide subsidies up to four years within the scope of the budget.
- 1st Fiscal Year: A maximum of 50 million yen, up to 100％ of expenses eligible for subsidy
- 2nd Fiscal Year: A maximum of 34 million yen, up to two-thirds of expenses eligible for subsidy
- 3rd Fiscal year: A maximum of 25 million yen, up to half of expenses eligible for subsidy
- 4th Fiscal Year: A maximum of 16 million yen, up to one-third of expenses eligible for subsidy

Support Program: Selected companies will be provided various forms of support for the establishment and expansion of business, including public relations, business establishment advice, business matching, etc.

Reference: Other key initiatives promoting the attraction of foreign companies
In addition to this program, TMG provides a variety of support for foreign companies looking to expand in Tokyo. Please visit the website below for details.
https://www.investtokyo.metro.tokyo.lg.jp/en/oursupports/index.html

A2T Secretariat Team
Tokyo Metropolitan Government
a2t-info@deloitte.com

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.