Application is closed

◢ Objectives and Overview of the Program

  In November 2017, the Tokyo Metropolitan Government (TMG) formulated the “Global Financial City: Tokyo” Vision with the aim of making Tokyo an unrivalled global financial center. The policy outlines the form that this city should take, concrete measures to be taken, and the structures needed to make the vision into a reality. TMG will work together with the national government, private sector, and other bodies in carrying out initiatives to revitalize the city’s financial sector.
  Since FY2017, the “Accelerator Program – FinTech Business Camp Tokyo” (hereinafter referred to as “the program”) has been held by TMG with the goal of inviting foreign startups with cutting-edge technologies and business models to come to Tokyo and deepen their knowledge of both Japan’s unique market and the various needs of companies in the capital city. Further, by providing Tokyo companies the opportunity to familiarize themselves with technologies possessed by foreign companies, the program aims to cultivate business matching and attract foreign companies to Tokyo.
  Last year, applications were received from 52 companies across 16 countries. Through a rigorous review process, a total of 8 companies were selected for the program. This year, TMG will take its next step as an unrivalled global financial city by continuing to spur participation by first-rate foreign companies.

◢ Movie of the FY 2017 Program

◢ Program Flow

◢ Application - Announcement

Applications
(May 21, 2018)
Selection Process
Participants announced
(August 17, 2018)

◢ Program Schedule (planned)

Introductory Seminar
(early in October , 2018)
Mentoring /Business Meetings / Business Matching
(October – November, 2018)
Networking Events
(October/November 2018)
Compilation of Business Plan
Pitch Event
(end of November , 2018)
Follow-up


◢ Program Details

Introductory Seminar
  • Specialists from various industries give explanations on the structure of Japanese industries, market trends, and more.
Mentoring, Business Meetings, Business Matching
  • Foreign companies brush up their business plans with Japanese companies operating their business in Tokyo ('mentor companies').
  • The Camp Office assists in matching and arranging meetings.
  • Business matching opportunities with leading Tokyo companies are provided to each participating foreign company.
Networking Events
  • Networking events to facilitate business matching and help foreign companies and mentor companies, Tokyo companies, Tokyo investors, foreign embassies and chambers of commerce based in Japan, etc., to better understand one another.
Compilation of Business
  • Foreign companies create/update their business plan for establishing a site or expanding their business into Tokyo.
  • Experts also provide business plan support, taking into account Japan’s market environment and other factors.
Pitch Event
  • Foreign companies present their business plan at pitch event.
  • Attendees will be from the general public (both companies and individuals).
  • Golden opportunity for foreign companies to promote their business plans!
Follow-up
  • The Camp Office provides support until the end of March 2019, with the Business Development Center Tokyo* taking over from April 2019 for those companies moving forward with their Tokyo business expansion plans.

*Business Development Center Tokyo

  • Tokyo’s one-stop support center for foreign companies. It provides a range of business and lifestyle support.
  • Provides information and advice on Japan’s regulations, etc.
  • Support in establishing a new site (information on corporate registration, etc.)
  • Introduction to relevant organizations, etc., according to needs
  • Assistance in finding local partners
  • Provides information on living in Tokyo (English-speaking hospitals and schools, etc.)
◢ Information on Subsidy Programs

【Overseas Financial Corporation Business Establishment Subsidy Program】
Grants a subsidy to foreign FinTech companies for site establishment expenses
(consultation fees paid to lawyers and other experts, personnel recruitment costs).
Subsidy rate: 1/2 of expenses (max. JPY 7.5 million)

◢ Program Location

*The details of mentoring and business meetings will be finalized by the discussion with Japanese companies.

Chiyoda Ward(area around Tokyo Station)
● HQs of many major banks, insurance firms, securities companies, asset management companies
● Organizations to support foreign startups
・ Business Development Center TOKYO (BDCT)
・ Financial One Stop Support Service
● Other Organizations
・ Global Business Hub Tokyo, FINE Tokyo, Finolab, etc.
Minato Ward
● The venue of networking events and the pitch event
● Organizations to support foreign startups
・  Tokyo One-Stop Business Establishment Center (TOSBEC)
◢ Target Foreign Companies and Number of Companies to be Selected

-The program looks for foreign companies with advanced technologies (e.g. AI, IoT, blockchain, VR/AR, robotics) that promotes digitalization in the financial industry, and which have not yet established a Japanese corporate entity. Around 10 companies will be selected.

◢ Advantages of Participating in the Program

◢ Advantages

Advantage 1

Opportunities to meet with leading Tokyo companies

Advantage 2

Increase in potential business opportunities with around 100 Tokyo companies from all industries attending the pitch event and two networking events.

Advantage 3

Support provided by TMG for PR activities in Japan (TMG will designate the types of media to be used and when promotions will take place).

Advantage 4

Free office space provided at sites such as Accenture Innovation Hub for the duration of the program.

Advantage 5

Support with translation and interpretation, meeting arrangements, appointment scheduling, meeting facilitation, and more provided by the Camp Office for the duration of the program.

◢ Feedback from FY2017 Participants

Autonomous_ID Canada (Asia Regional Director, Barbara Zamora Vaataja)
Canada
“The program allows participants to deeply learn the Tokyo Market Landscape,
meet numerous targeted potential clients in a short period of time, while receiving support from an experienced market entry team"
BCL Technologies (Business Development Director, Bob Krumwiede)
U.S.
"The Business Camp is an amazing program and has helped us navigate the Japanese market quickly.
By giving us guidance and access to high level contacts at major Japanese financial institutions, we were able to quickly develop several opportunities for our technology.”
Clare.AI Limited (CEO & Co-Founder, Ken Yeung)
Hongkong
“FBCT brings us direct access and give us guidance to the top financial institutions in Tokyo, where we could meet clients in person and understand their needs.
This is very valuable for us to develop the market in Japan as a foreign startup.”
Moneythor (CEO, Oliver Berthier)
Singapore
"Business Camp Tokyo has been extremely useful in providing introductions to the Japanese institutions relevant to our company.”
Pandamoney (CFO, Andrey Krasnopeev)
Russia
"Most of the accelerators are made most of the time for PR actions.
And they only provide marketing. Participating in this accelerator helps us to build a broad network in Japan and it helps us to build connections with largest financial institutions.
It is a great opportunity for expanding your business in Japan.“
Playbasis (CEO, Robert Zepeda)
Thailand
“The organizing teams behind Fintech Business Camp Tokyo have been instrumental in helping the startups to quickly familiarize themselves with the market conditions in Japan,
and have facilitated business matching with key partners and potential clients.
We look forward to a bright future in the Land of the Rising Sun!”
Quantcube Technologies (CTO& Co-Founder, Alexandre Damour)
France
"We have been really impressed by the opportunities offered by the FBCT.
Through this program, we managed to have access to major Japanese financial institutions and better understand the specifities of the Japanese market,
which is extremely valuable to us for the development of our business"
Shift Technology (COO for the APAC Region, Peter Haslebacher)
France
“Business Camp Tokyo is a very effective program and will help you quickly to understand the Tokyo Market specifics!”

◢ List of Participating Japanes Companies (Alphabetical Order)

ANA X Inc.

Daiwa Securities Group
Inc.

FUJITSU LIMITED

Japan Post Co., Ltd.

Japan Post
Insurance Co.,Ltd.

JTB Corp.

Mitsubishi UFJ Financial
Group, Inc.

Mitsui Sumitomo Aioi
Life Insurance
Company, Limited

Mitsui Sumitomo
Insurance Company,
Limited

Mitsui Sumitomo
Primary Life Insurance
Co., Ltd.

Mizuho Financial
Group, Inc.

NIPPON TELEGRAPH
AND TELEPHONE EAST
CORPORATION

Nomura Holdings, Inc.

NTT DATA Corporation

Rakuten Bank, Ltd.

Rakuten Securities, Inc.

SBI Holdings, Inc.

Shinkin Central Bank

Sony Corporation

Sony Financial
Holdings Inc.

Sumitomo Mitsui
Financial Group, Inc.

The Dai-ichi Life
Insurance Company,
Limited

TOKYU CORPORATION

◢ List of Participating Japanes Companies (Alphabetical Order)

Coming Soon

Within the program, “supporters” are business coaches who will provide business expansion support to program participants.
For the duration of the program, supporters will provide advice on business customs and business strategies for the Japanese market, as well as legal restrictions, corporate registration, and other legal matters across the board.

◢ Applying for the Program

Application is closed
◢ Inquiries

FinTech Business Camp Tokyo Office

fintechaccelerator@access2tokyo.com

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