Subsidy for business cost to create a global base for advanced metal materials in Shimane Prefecture (for prefecture companies)

Shimane Prefecture supports the creation of global advanced metal materials manufacturing hubs through this subsidy program aimed at strengthening regional industrial competitiveness. Manufacturing corporations headquartered in Shimane Prefecture are eligible to apply for projects related to building advanced metal materials development and production bases. Subsidizable expenditures include factory construction, machinery equipment installation, and research facility setup, with specific subsidy caps and rates determined according to project scope and scale. Projects aligned with the prefecture's industrial promotion strategy and expected to generate employment and regional economic spillovers are eligible for selection. Applicants must submit detailed business plans and cost estimates, and preliminary consultation with the prefectural economic development division is strongly recommended.