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Subsidy for Newly Established Enterprises & Universities

Procedure(Example: Subsidy for Newly Established Enterprises & Universities)
Applicant Procedure City of Osaka Procedure
*Apply for recognition as a high-technology industry corporation (only necessary for “Special Subsidy for Business Headquarters Establishment”)
*Recognize as a high-technology industry corporation (only necessary for above)
∗ Applicants for the “Special Subsidy for Business Headquarters Establishment” must file an “Application for Recognition as a High-Technology Industry Cooperation” and receive approval before they can apply for the above subsidy.
1.Submit Business / Construction Plan for Approval
Business / Construction Plan must be submitted for approval before construction begins on the applicable office building (or before the applicable project begins in the office) and before April 1, 2012.
2.	Review Submitted Plan
The application will be reviewed with input from the Advisory Council of Subsidy Programs for Urban Revitalization, which consists of experts unaffiliated with the City.
4.	Begin Construction, Complete Construction, Commence Business Operation
If the application is considered appropriate, the submitted plan will be approved and the applicant notified.
5.	Apply for Subsidy Disbursement
Construction must begin by March 31, 2013, and business operations must commence by December 31, 2014.
5.	Apply for Subsidy Disbursement
Applicants must apply for subsidy disbursement after business operations have commenced.
6.Review Application
The application will be reviewed with input from the Advisory Council of Subsidy Programs for Urban Revitalization.
7.Approve Subsidy Disbursement, Notify Applicant of Approval
If the application is considered appropriate, the subsidy disbursement will be approved and the applicant notified. The amount displayed on the written notification will be the total amount of the subsidy.

∗For “Special Subsidy for Universities” (Rental Subsidy) and “Special Subsidy for Business Headquarters Establishment,” payments will be made during the subsidy coverage payment in accordance with interim results.
8.Request Subsidy Disbursement
Applicants must request the payment, as per payment conditions.
9.Disburse Subsidy
Subsidy will then be disbursed.
10.Continue Business Operation (Save Documents)
Once received, the business must continue to operate for a previously determined length of time, and the relevant documents must be safely stored.
Please note:
♦If there are changes to the business / construction plan after it has been approved, applicants must file an application to have the modifications approved.
♦Once the business / construction plan has been approved, applicants name and amount of subsidy may be made public.