In order to create an environment in which it is easy for foreigners to start businesses in Tokyo, the Tokyo Metropolitan Government (TMG) of Japan will implement initiatives for foreign entrepreneurs that combine financing by financial institutions and management support before and after financing, through businesses that provide management support, etc. (supervisory support institutions) and financial institutions that provide financing (handling financial institutions).
ANDERN provides support for applications.
Contents
Main conditions for support recipients
Foreign entrepreneurs who meet all of the following conditions.
- The business plan must be approved by the Tokyo Metropolitan Government (Policy Planning Bureau).
- The applicant must have been established in Japan for less than 5 years.
- You must have a status of residence that does not restrict your business activities.
- The applicant must be a representative of a corporation with its head office or principal office in Tokyo.
loan terms and conditions
credit line
Up to 15 million yen (up to 7.5 million yen for working capital only)
repayment term
Up to 10 years (with a deferment period of up to 3 years)
financing rate
Fixed interest within 2.7 per cent
guarantor
Corporate representative (in principle) or not required
collateral
uncollateral (loan)
Supervisory support organizations and financial institutions
Supervisory support organization
Tokyo Incubation Corporation
*A group company of 2021 Accounting Holdings, Inc.
Financial Institutions
- The Kiriboshi Bank, Ltd
- Dai-Ichi Kangyo Credit Union