COVID-19 Business Support Information + Latest Subsidy and Grant Information for Overseas Sales (March)

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March is called "Yayoi" in the lunar calendar, and the etymology seems to come from the state of life in which plants sprout in the weather that gets warmer day by day.
This month, in the current situation where the COVID-19 infection is raging, we have summarized the 500 billion yen support that the government has announced for small and medium-sized enterprises.
Next, we have summarized the latest information on subsidies and grants for this month.
Subsidies and grants are non-repayable money provided by the national and local governments to private companies.
The difference between subsidies and grants is that subsidies have a budget and you may not be able to receive them even if you meet the requirements, while grants can be received if you meet the requirements.
Also, unlike loans from banks, subsidies and grants are not available as soon as the application is approved. Subsidies and grants are paid after the fact, and you can receive them after you report the expenses you used for business expansion, etc., and after the report is confirmed.


The Japanese government has set a goal of doubling the india whatsapp data total export volume of small and medium-sized enterprises by 2020 compared to 2010. To this end, the national and local governments are actively supporting overseas expansion, including through subsidies and grants.
Here we have compiled the specific measures the Japanese government is taking to support small and medium-sized enterprises with a scale of 500 billion yen, as well as information on subsidies and grants currently open to the public, such as inbound tourism and exhibiting at overseas trade fairs.

The government will provide 500 billion yen in support for COVID-19 countermeasures
On March 3, the Ministry of Economy, Trade and Industry announced a 500 billion yen cash flow support package to
help businesses cope with the decline in sales caused by the COVID-19 pandemic. The 500 billion yen support package includes three pillars of comprehensive support for business owners: cash flow support, support for capital investment and market development, and improvement of the business environment.
The support items are divided into seven categories, which are summarized below.

1. Expansion of application of the safety net guarantee system (applicable to items 4 and 5)
Expanded application of "Safety Net Guarantee No. 4"
The fourth amendment is usually implemented only in affected areas when a natural disaster occurs, but this time it will be implemented nationwide and will apply to small and medium-sized businesses that have experienced a 20% or more decrease in sales in the past month. If the amendment is approved, they will be able to receive almost 100% of their loans from financial institutions.