Kesennuma City, Miyagi Prefecture: Fisheries-Related Business Credit Guarantee Fee Subsidy

Kesennuma City offers a credit guarantee premium subsidy program to strengthen the management foundation of fishery-related businesses through reduced financing costs. Eligible applicants are sole proprietors and corporations operating fishery-related businesses in Kesennuma City. The subsidy covers part or all of the credit guarantee insurance premium charged by guarantee associations when obtaining loans through financial institutions, improving business cash flow management. Eligible businesses must contribute to fishery industry promotion and regional economic revitalization, and plan to obtain financing from financial institutions. As this initiative supports the sustainable development of Kesennuma's core fishery industry, early consultation with the city's relevant department regarding specific eligible business conditions is essential.