Pre-Solicitation Notice: Registration of Venture Capital Firms to Partner in NEDO Technology-Based Startup Support Program
October 27, 2021
The New Energy and Industrial Technology Development Organization (NEDO) is scheduled to solicit proposals to implement the program described below. Organizations wishing to submit a proposal should do so in accordance with the following guidance.
This program will be implemented based on the government budget for FY2021 and FY2022. The details of the open call, therefore, may be changed or be suspended depending on the progress of deliberations of budget-related bills or because of a change in government policy.
1. Program Description
NEDO is planning to issue a solicitation to award Registration (registration period: from the registration date to March/31/2024) to venture capital firms, seed accelerators, and other venture investment companies (VCs*) that will participate in the STS program, which is NEDO’s assistance program for seed-stage technology-based startups, as investment partners.
All applicants will be required to be capable of making investments in startups as well as maintaining hands-on involvement in this program even after investment.
This is a pre-solicitation notice to publicize the planned solicitation release. Interested parties are encouraged to obtain the solicitation documents for the final details once the solicitation is posted.
*VCs = Venture capital firms, seed accelerators, and other venture investment companies
(2) Proposal deadline
The proposal deadline is scheduled to be about two weeks after the solicitation issuance date.
Reference: Overview of the STS Program
For the details about the ongoing STS program, please refer to the below link.
2. Proposal Preparation and Submission Procedures
The solicitation documents with the final details will be posted on NEDO website on the solicitation issuance date.
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