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Loopin’ for more — Upon attending “Startup Mantra” recitals in Tokyo

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This is a guest post authored by “Tex” Pomeroy. He is a Tokyo-based writer specializing in ICT and high technology. Startups, Startups Everywhere Tokyo I daresay is as of June looking to launch full-fledged efforts to leverage various international events, not only the Olympiad but also — American football in Japan having besmirched its name during May — Rugby World Cup, Gov. Yuriko Koike having had to clear some obstacles such as those related to Central Fish Market and development/environment issues. As a prelude, the Tokyo Metropolitan Government in late May organized in conjunction with Japan External Trade Organization (JETRO) Invest Japan Center a Startup Tokyo gathering. It was followed thereupon by startup-focused events, to culminate in the once-every-five-year international fire safety and disaster mitigation event which this year particularly highlights startup roles. Thus, the startup mantra recitations. To underscore Tokyo’s friendliness towards foreign-affiliated startups the Startup Tokyo seminar was held at a WeWork facility in ARK Hills South, aptly located next to JETRO HQ as well as Invest Japan office. The event was opened by the Governor herself, with a short speech. In fact, prior to her arrival the participants got to view a looping video of her exhorting…

This is a guest post authored by “Tex” Pomeroy. He is a Tokyo-based writer specializing in ICT and high technology.


TOSBEC
Image credit: Invest Tokyo

Startups, Startups Everywhere

Tokyo I daresay is as of June looking to launch full-fledged efforts to leverage various international events, not only the Olympiad but also — American football in Japan having besmirched its name during May — Rugby World Cup, Gov. Yuriko Koike having had to clear some obstacles such as those related to Central Fish Market and development/environment issues.

As a prelude, the Tokyo Metropolitan Government in late May organized in conjunction with Japan External Trade Organization (JETRO) Invest Japan Center a Startup Tokyo gathering. It was followed thereupon by startup-focused events, to culminate in the once-every-five-year international fire safety and disaster mitigation event which this year particularly highlights startup roles. Thus, the startup mantra recitations.

To underscore Tokyo’s friendliness towards foreign-affiliated startups the Startup Tokyo seminar was held at a WeWork facility in ARK Hills South, aptly located next to JETRO HQ as well as Invest Japan office. The event was opened by the Governor herself, with a short speech. In fact, prior to her arrival the participants got to view a looping video of her exhorting the merits of Tokyo.

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Yuriko Koike, Governor of Tokyo
Image credit: Invest Tokyo

Invest Tokyo

The Governor noted that the Financial Times [I would note the paper is owned by Nikkei now] and some others had found Tokyo to be the best city to live, and that thanks to first-instance use of National Strategic Special Zone scheme, the Tokyo One-Stop Business Establishment Center (TOSBEC) facilitates corporate foundation for startups as well as foreign companies to set up branches and subsidiaries.

The WeWork Japan CEO Chris Hill then spoke about the foray made by the international collaboration group into Tokyo since the beginning of this year. His staff gave a presentation after this, and invited participants to explore the facility while networking with entrepreneurs there, including two (a Japanese husband-and-wife team as represented by cleanliness expert Ms. Ohashi and a global outfit) who presented their experiences.

American businessman Mr. Erek Yedwabnick spoke on behalf of his international Internet consultant colleagues at Webguru. He noted that even with the combined knowledge of multinational web-savvy people and language support from his Japanese wife it would have been quite cumbersome to set up shop so quickly without use of TOSBEC. As it is, going forth Webguru will need to negotiate IP issues and suchlike.

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Chris Hill, CEO of WeWork Japan
Image credit: Invest Tokyo

Expanding Business

As for Ouchi Detox headed by Ms. Ohashi, she outlined her company expansion. A former nurse, she started out at an individual level armed with knowhow as to compact storage of goods and struck a chord with the social problem of “hoarders” in Japan. She methodically expanded business, gaining IT-literacy and business-computing prowess (her husband being good with numbers too), to enable incorporation.

Apparently, she is expanding operations into Kyoto area with a business partner located there. As it is, Kyoto and other history-laden locations in Japan could use expertise in proper storage methods since some items with value could become irretrievably ruined, whether they be family heirlooms (as the old saying goes, a spoilt… or moldy, as it were… apple will ruin the whole basket) or invaluable documentation.

Interestingly, clean storage can be seen becoming a good business in Asia-Pacific overall. Not only such necessities as the need to reduce allergens and infections becoming widespread, there is the Damocles sword of natural and even man-made disasters hanging over the region so preparedness in terms of appropriate storage and maintenance is foreseen forming new demands at home/work (including collab space).

Waka Ohashi, CEO of Ouchi Detox
Image credit: Invest Tokyo

How to start a business in Tokyo using Metropolitan Government resources

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This is a guest post authored by Amanda Imasaka. She is a Tokyo-based writer specializing in ICT and high technology. Thinking of starting a business in Tokyo? Unsure of where to begin? Hiroyuki Ishige, the Chairman of the Japan External Trade Organization (JETRO), suggests you, “Talk to JETRO first.” JETRO is a government-related organization and one of their central goals is promoting direct foreign investment in Japan. Their headquarters is stationed at the ARK Mori Building near Akasaka and Roppongi in Tokyo, and house the Tokyo One-Stop Business Establishment Center (TOSBEC), the Tokyo Employment Consultation Center (TECC), the Business Development Center TOKYO (BDCT). All services are available in a number of languages, including English, Chinese, and Korean. See also: Tokyo Government looking to attract foreign entrepreneurs in effort to create New Tokyo First things first, you cannot start a business without the proper visa. On January 29th the BDCT (which incidentally has two support desks: one in Marunouchi which the Tokyo Metropolitan Government appears to be positioning as a new Tokyo startup hub and can be read about here in addition to the one mentioned at the JETRO headquarters) began providing individual support for entrepreneurs regarding the deregulation of the…

This is a guest post authored by Amanda Imasaka. She is a Tokyo-based writer specializing in ICT and high technology.


Image credit: skyearth / 123RF

Thinking of starting a business in Tokyo? Unsure of where to begin? Hiroyuki Ishige, the Chairman of the Japan External Trade Organization (JETRO), suggests you, “Talk to JETRO first.” JETRO is a government-related organization and one of their central goals is promoting direct foreign investment in Japan. Their headquarters is stationed at the ARK Mori Building near Akasaka and Roppongi in Tokyo, and house the Tokyo One-Stop Business Establishment Center (TOSBEC), the Tokyo Employment Consultation Center (TECC), the Business Development Center TOKYO (BDCT). All services are available in a number of languages, including English, Chinese, and Korean.

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JETRO Chairman Hiroyuki Ishige at the Invest Tokyo Seminar Winter 2017
Image credit: Amanda Imasaka

First things first, you cannot start a business without the proper visa. On January 29th the BDCT (which incidentally has two support desks: one in Marunouchi which the Tokyo Metropolitan Government appears to be positioning as a new Tokyo startup hub and can be read about here in addition to the one mentioned at the JETRO headquarters) began providing individual support for entrepreneurs regarding the deregulation of the “business manager” visa. Essentially the deregulation gives entrepreneurs a year to employ two people or invest 5 million yen in Japan provided they can convince the Tokyo Metropolitan Government (TMG) of their potential to do so at the 6 month mark.

But wait, it doesn’t stop there! The BDCT offers a multitude of services so make sure to bring your business plan along. These include pre-launch support like providing market information, introducing the experts you will need to establish your company (some examples: judicial & administrative scriveners, CPAs, patent attorneys, etc.), post-launch support such as information about how to set up offices, and even lifestyle support like introducing multilingual hospitals and schools. Perhaps the most valuable service they offer is business matching support, with employment numerous matching events held throughout the year and testimonials attesting to their success. The clincher: it is completely free and can be used as many times as you need. Something to keep in mind: AKA (producers of Musio, an AI enabled robot) CSO Brian Lee noted during his presentation at the Invest Tokyo Seminar Winter 2017, “We used TMG’s support services for a series of meetings with the company [Accenture, introduced through TMG’s services], focusing on areas we selected as essential, rather than for general business practices.” If you pinpoint a few areas to seek support for before arranging a meeting, they will be able to better help you help yourself.

AKA CSO Brian Lee at the Invest Tokyo Seminar Winter 2017
Image credit: Amanda Imasaka

TOSBEC is just around the corner from the BDCT in the ARK Mori building and as of December 22, 2016 they now accept the documents for all eight procedures necessary to establish a business (previously they accepted just three, a sure sign of the TMG’s desire to encourage entrepreneurs to set up shop). In most cases, you will first need to prepare and notarize the articles of incorporation, followed by the company registration documents. Once completed you will receive a notification of the start of your business which is necessary for national and metropolitan tax purposes. Bam, you just started a business. After that it is necessary to enroll in social insurance, and undergo the procedures associated with hiring employees (labor and insurance). All of this, from the notarization to the submission of immigration documents can be done at TOSBEC. Probably goes without saying, but despite being called one-stop, multiple stops will be required owing to the processing times for documents. I understand the sentiment though. TOSBEC is also completely free and can be used as many times as you want to for up to five years after starting your company.

Tokyo Startup Station along with Startup Hub Tokyo recently launched in the Marunouchi-Tokyo Station neighborhood.
Image credit: Masaru Ikeda

The TMG has made no secret of what sectors they believe to be most promising for new business. They include healthcare, ICT, and the environmental sector. Additionally, they have the very specific goal of attracting 40 companies related to IoT and AI in the period from 2017 to 2020. Inviting all foreign entrepreneurs to talk to JETRO, a government-related operation, first gives them the ability to screen said prospective business plans, encouraging those they see potential in and perhaps discouraging all others. Regardless, I am confident their services can be useful for entrepreneurs who approach them in an informed and organized fashion.