Kumamoto City, Kumamoto Prefecture: “Local 10,000 Project (Subsidy for Regional Economic Circulation Creation Project)” for FY2019

Kumamoto City’s local 10,000 projects (subsidy to the creation of regional economic cycles) are a system that supports the initial investment of new businesses that combine local human resources, resources, and funds by事業aging the regional economic cycle creation business grant by the Ministry of Internal Affairs and Communications. The target is a private business operator, etc. that conducts grant target business based on the guidelines of the Ministry of Internal Affairs and Communications. In the case of a person with a main office in Kumamoto city, one-。rd of the members is a group consisting of a person with a main office in Kumamoto city. For business conducted in FY2019, only business operators who are judged to be able to cooperate from the city’s department can apply to the city from July 1 to October 31, 2019. The target business is expected to use local resources to create new jobs in the region. In principle, it is required to receive unsec loans from local financial institutions, etc., to solve local issues, and to have novelty and modelability in new business for business operators. Exp s are for facility maintenance, machine equipment, fixtures, and research expenses in cooperation with local universities. The subsidy amount is calculated based on the amount deducted from the subsidy expenses to the financial institution's loan amount, self-financing, etc., and the maximum amount is 30 million yen, 40 million yen, 50 million yen, and up to 55 million yen depending on the relationship between the loan and the subsidy amount. In principle, the start after the grant decision is unavoidable, but if you are arriving before the grant decision, you need a notification before the grant decision, and the business period is up to two years.