Yamaguchi Prefecture Ube City: “Ube City Youth Entrepreneur Challenge Subsidy”≪3rd≫ (FY2019)

A startup challenge subsidy program by Ube City designed to cultivate and support young entrepreneurs starting new businesses, partially covering initial business establishment expenses. Young entrepreneurs (with age requirements) newly launching businesses within Ube City are eligible. While specific subsidy caps and rates are limited in available information, initial investment costs and related expenses are expected to be covered. Submission of a business plan and approval through a screening process are mandatory requirements. Positioned as a policy to revitalize the local economy and promote youth settlement, with contribution to Ube City being a key evaluation criterion.