The second round of applications for business restructuring subsidies closed at 18:00 on Friday, July 2nd.
After the second round closes, about three more rounds of applications are planned, with the third round scheduled to begin in late July.
What is the Business Restructuring Subsidy?
The Business Restructuring Subsidy is a subsidy that supports small and medium-sized enterprises that are struggling with declining sales but are working to restructure their businesses, and is attracting attention because it provides subsidies of up to 100 million yen under certain conditions and is based on a large budget of 1.1485 trillion yen. It supports the challenges of
small and medium-sized enterprises that are eager to take on drastic business restructuring, such as expanding into new fields, changing business models, changing business/industry types, and restructuring their businesses, in order to respond to changes in the economy and society in the with-COVID and post-COVID era.
3. Subsidy for foreign application costs by JETRO (Support program for foreign application by small and medium-sized enterprises, etc.)
Subsidizing half the cost of filing an overseas application.
In order to encourage strategic overseas applications by small costa rica whatsapp data and medium-sized enterprises, JETRO will subsidize half the cost of filing an overseas application with the same content as a domestic application (patent, utility model, design, trademark) for small and medium-sized enterprises that are planning to expand their business overseas.
Eligible expenses
Expenses ordered/contracted, implemented, or paid for during the grant period (from the date of announcement of the selection decision (mid- to late September) to the deadline for the performance report (January 7, 2022)) (such as application fees paid to foreign patent offices, agent fees, translation fees, etc.)
Subsidy rate: 1/2 of eligible expenses
Maximum subsidy amount: Up to 3 million yen per small and medium-sized enterprise.
The third round of applications for business restructuring subsidies is scheduled to begin in late July
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