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04/18/16
Fukuoka City Establishes New Subsidy for Foreign Entrepreneurs
In fiscal 2016, Fukuoka City will begin offering subsidies of up to 120,000/month to cover 50% of rent and office equipment expenses in an effort to attract more foreign entrepreneurs to the city. With this, the City adds another arrow to its quiver for encouraging startups, following on the heels of relaxed visa requirements for entrepreneurs within its National Strategic Zone. The City aims to grant around 10 subsidies in the initial year of the new scheme. In addition to this, City Hall is also planning sessions to provide support for local companies aiming to expand overseas and match entrepreneurs with existing companies.

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