Osaka-based railway company Hankyu Corporation announced on Thursday that it will launch a membership-based incubation office in Osaka called GVH #5. The facility, to be set up near Osaka-Umeda station, will help entrepreneurs connect with each other in order to form a startup community. This initiative will be conducted in partnership with SunBridge Global Ventures, which has been operating Global Venture Habitat Osaka, an incubation space in the Grand Front Osaka building complex.
- Osaka City Government establishes incubator and fund for local entrepreneurs
- Can Osaka be a startup hub?
- Translation app Waygo wins HackOsaka pitch contest
They aim to invite entrepreneurs who are interested in developing services in such spaces as urban transport, retailing, community development, entertainment communication, and life-related services.
Several incubation initiatives have begun in cities in Japan, represented by the declaration of Fukuoka city to be a startup hub or launching their incubation space. It will be interesting to see how the railway company can generate synergy in the local startup scene.