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Support Measures of the Saito Bio Incubation Center
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7. Support Measures of the Saito Bio Incubation Center
1) Subsidy for Equipment of Saito Bio-ventures (Osaka Prefecture)

Eligibility

Bio-venture companies (capital not exceeding 300 million yen or number of full-time employee not exceeding 50, individuals planning to found a new company included) to reside in bio incubation facilities approved by the Osaka Prefecture that fall under one of the following items:

  • Specializes in business based on the research results of universities, etc.
  • Business established by staff or students of universities, etc.
  • Aims to establish business by joint R&D with universities, etc.
Percentage and limit of support amount Within 1/2 the amount for equipment cost, max. up to 1 million yen per annum, and up to 1 million yen per 12 months since the first month of settling within the Center (maximum 5 years period)
Subject Fees

Equipment costs when setting up in the Center, or additional equipment purchased in order to carry out R&D activities

  • Lease or loan contract – per equipment basic fee must be 500,000 yen or more
  • Purchase (lump sum payment) – per equipment basic fee must be 100,000 yen or more
*Note: Basic fee means the price of main equipment, excluding costs for maintenance, installation construction, etc. Equipment for administrative office work are excluded as well.
Application Fill in application form: “Application for Osaka Prefecture, Saito Bio Incubation Center, Equipment Cost Subsidy” and submit to the Osaka Prefectural Government administration with the required attachment documents.
Miscellaneous As a basis, actual payments of subsidies will occur as reimbursements. However, in some cases, estimate-based payments may be possible depending on accomplishments.
Contact Biotechnology Promotion Group, Biotechnology and Growing Industries Promotion Division
Industrial Labor Planning Office
Department of Commerce, Industry and Labor
Osaka Prefectural Government
Otemae 2-chome, Chuo-ku, Osaka
TEL: +81-(0)6-6941-0351 (ext. 4416)


2) Rent Fee Subsidy (Ibaraki City)

Eligibility
  • Those performing biotechnology related R&D having contracted a Lab-office Rent Agreement (individual or corporate)
  • Must have capital not exceeding 300 million yen nor have more than 50 full-time employees
Subsidy amount
(maximum limit)
  • In case of being a citizen of Ibaraki City or having corporate headquarters in Ibaraki City:
    Floor space x 1,250 yen x number of months used (up to max. 1.5 million yen)
  • In case of others than above:
    Floor space x 1,000 yen x number of months used (up to max. 1.2 million yen)
- When the usage commencing or termination date does not fall on the first or last day of the month, fee calculation will be handled by a daily basis.
Applicable Term Up to 5 years counting from the month the facility rent commenced
Application Fill in the application form “Application for Subsidy of Bio Incubation Center Rental Fee Granted by Ibaraki City Industry Establishment Promotion” and apply to the Ibaraki City municipal office with the required attachment documents.
Contact Ibaraki City Municipal Office, Civil Life Dept.
Commerce/Industry/Labor Administrations Div.
Commerce/Industry Promotions
3-8-13 Ibaraki-shi ekimae, Osaka
TEL: +81-(0)72-620-1620


3) Approved Incubation Facility System

A system where owners of research facilities established by private enterprises are given Biotechnology Incubation Facility Approval by Osaka Prefecture. Biotechnology venture companies that move into facilities that have received this approval may receive support measures from Osaka Prefecture and/or Ibaraki City.

- 1st approved incubation facility: Saito Bio Hills Center (New company building of Yashima Chemicals, Inc.)
(Opened April 1, 2006)


For inquiries, contact:
Biotechnology Promotion Group
Biotechnology and Growing Industries Section
Industrial Labor Planning Office
Department of Commerce, Industry and Labor
Osaka Prefectural Government
Otemae 2-chome, Chuo-ku, Osaka
TEL: +81-(0)6-6941-0351 (ext. 4416)
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