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NEDO Technology Development Fields(New Industry Creation and Discovery of Technology Seeds)

New Industry Creation and Discovery of Technology Seeds

Commercialization support for small and medium-sized enterprises and venture businesses

Carrying out seamless support from discovery of technology seeds and entrepreneurs to development of practical applications

  • Example of practical application: High-efficiency wind lens turbines of photo
    Example of practical application: High-efficiency wind lens turbines
  • Example of development by technology-based startups: smart lock robot of photo
    Example of development by technology-based startups: smart lock robot

NEDO provides small and medium-sized enterprises and venture businesses with support at various phases. Such support is in line with government strategies such as the "Strategy for Investment in the Future" which acknowledge the importance of venture support. It ranges from support for technology seeds to practical application by businesses. As in the past, NEDO off ers support for practical application in renewable energy and welfare equipment fi elds.

At the same time, NEDO is building a cross-sectoral system to support entrepreneurs and startups, and off ers support in collaboration with intermediary research institutions. It has also built systems that allow experts to provide advice on topics such as venture capital fi nancing, legal issues, accounting, and intellectual property as they relate to commercialization. In addition to support for the eff orts of small and medium-sized enterprises and venture businesses in technology development, the objectives of NEDO's programs and systems are to improve business plans and expand business domains, thereby facilitating the commercialization of technology seeds.

Encouraging open innovation

Matching support, Japan Open Innovation Council

  • JOIC activity of photo
    JOIC activity
  • NEDO dream pitch event at Fifth Innovation Leaders Summit of photo
    NEDO dream pitch event at Fifth Innovation Leaders Summit

As international competition intensifi es, it will be important to promote open innovation that utilizes outside technologies, ideas, and resources to lead the global market. It will also be vital to tie this eff ort to the creation of new products and business models. NEDO is strengthening its promotion of open innovation by organizing activities such as matching events that lead to the creation of joint research and technology alliances between NEDO project participants and outside businesses, universities, and other organizations. In addition, the Japan Open Innovation Council (JOIC), for which NEDO serves as the secretariat, investigates and shares success stories from within Japan and abroad. JOIC holds events such as pitch contests with the aim of further deepening and expanding open innovation by businesses and other relevant entities.

Last Updated : July 22, 2019