Committiee on Venture Ecosystem in Kansai-region (KANSAI KEIZAI DOYUKAI) October 2018

We make Startup Ecosystem
in Kansai-Region!

Through Communications
Startups

VenturecapitalBigcompanies

StartupFriendlyKansaiAccelerator

Academia
Local
government

Across Boundaries

Committiee on Venture Ecosystem in Kansai-region (KANSAI KEIZAI DOYUKAI) October 2018

Actions of Business Associations
KANSAI KEIZAI DOYUKAI （Kansai Association of Corporate Executives）★Committee on Venture Ecosystem in Kansai-region
Chairperson : Hiroyuki FUKANO★Kansai Bridge Forum Promotion committee
Chairperson : Tsuneo WAKABAYASHIChairman

Chairman

Secretary General➢ Fostering momentum➢ Interacting with domestic and international startup ecosystem The Declation of Startup Friendly Kansai➢ Bridging gaps between large companies and startups➢ Providing mentoring services for startups
Akihiro KURODA Hiroyuki IKEDA Shigeo HIROSE

我々は、関西が独創的で世界に開かれたイノベーションの先進地となることを目指す。
そのために、関西でベンチャーエコシステムが立ち上がりつつある今、我々が古くから培ってきたユニークな発想や「やってみなはれ」の文化に代表されるダイナミックな企業文化を継承し、新しいビジネスの立ち上げに奮闘する次代の経営者に寄り添い、支援する、ベンチャーフレンドリーな企業であることをここに宣言する。
2018 年 8 月 6 日

Hiroyuki FUKANO

Tsuneo WAKABAYASHIMentoring

THE OSAKA CHAMBER OF COMMERCE AND INDUSTRY （OCCI）★Ｘｐｏｒｔ （Urban Open Innovation Lab）

※See Appendix I➢Cultivating ideas for new businesses through open innovation➢Attract innovative talents through industry-academia collaborations★Business Support for SMEs and Startups➢ Providing supports for marketing such as business matchings1Committiee on Venture Ecosystem in Kansai-region (KANSAI KEIZAI DOYUKAI) October 2018

Actions of Large Companies in Kansai
Japan Research Institute （SUMITOMO MITSUI BANKING CORPORATION）★未来2019（MIRAI2019）https://mirai.ventures/en/➢ Japan’s No.1 business incubation/acceleration program since 2016

DAIKIN INDUSTRIES, Ltd.
★TECHNOLOGY AND INNOVATION CENTER http://www.daikin.com/about/corporate/tic/➢ The Technology and Innovation Center aims to create new value based on the world's best technologies andhighly differentiated products.

Nippon Telegraph and Telephone West Corporation★Startup Factory http://www.ntt-west.co.jp/rebels/➢ Collaboration support program with start-ups and companies that have new technologies and products aims tosolve social challenges.

Osaka Gas Co., Ltd.

http://www.osakagas.co.jp/en/index.html➢ Launched a new group brand “DAIGAS Group.” which symbolizes pursuing innovation and promoting ourmotto “Service First”. At the Innovation Headquarters, we are deepening promotion of open innovation anddigitization aiming at developing new business models and reforming business.

Hankyu Corporation （Hankyu Railways）
SunBridge Inc. https://www.sunbridge.com/

http://www.hankyu.co.jp/global/en/★GVH Osaka（Interacting space） GVH#5（Sharing Office） http://gvh-osaka.com/en/➢ Hankyu Corporation collaborates with SunBridge Inc. with abundant expertise in entrepreneurs support and is
promoting various opportunities to encourage growth of entrepreneurs and creating environment for freecommunity formation.

2

Committiee on Venture Ecosystem in Kansai-region (KANSAI KEIZAI DOYUKAI) October 2018

Venture Capitals and Funds in Kansai
JR-WEST INNOVATIONS

http://www.jrw-inv.co.jp/➢ Corporate venture capital of JR-West Group Railway established in December 2016 （Capital USD27M）

Kintetsu Venture Partners

http://www.kintetsu-g-hd.co.jp/venture/➢ Corporate venture capital of KINTETSU RAILWAY established in August 2018 （Capital USD18M）

Hankyu Corporation （Hankyu Railways) http://www.hankyu.co.jp/global/en/➢ UMEDA Startup Fund （USD1,780K）、 SI SOGYO OEN Fund (USD2,670K)

SENSHU IKEDA CAPITAL CO., LTD. http://www.ikegin-c.jp/index.htmhttp➢ Local bank venture capital of The SENSYU IKEDA Bank, Ltd. （Capital approx. USD27M）

SunBridge Global Ventures Inc. http://www.sunbridge-gv.jp/➢ Corporate venture capital of SunBridge Inc. established in January 2012. （Capital reserve approx. USD466K）

Growth Rate of Start-ups; numbers of openings of startup companies
Growth overprevious year

KansaiJapan average

Source : The Japan Research Institute, Ltd3

Committiee on Venture Ecosystem in Kansai-region (KANSAI KEIZAI DOYUKAI) October 2018

Networking and Supporting Organizations for Startups

Entrepreneurs’ Organization Osaka

Nishinaka Valley➢ Worldwide network of young entrepreneurs ofcompanies exceeding USD1M annual sales➢ Holding Monthly meeting, Forum, Mentorship,
Global activity etc➢ A networking organization of start-ups based on
the Nishi Nakajima area and its vicinity near ShinOsaka station

KNOWLEDGE SALONHIDEYOSHI-Kai➢ Members-only salon aimed at creating new value
through business people, researchers, university
officials, creators, startups etc. throughencounters and exchanges across fields➢ A community of 30 entrepreneurs having visions
and strict discipline as Samurai (worrier)➢ Meeting twice a month, members battle withTOYOTOMI
harsh questions to get solutions

ｻﾙSaruOgyaa’s

Japan Startup Support Association➢ Incubation office, co-working space for start-ups➢ Available 24 hours a day, 365 days
➢ Possible to be registered as head offices➢ Established by a serial entrepreneur in Osaka➢ Provides supports for entrepreneurs of startups
aiming at IPO or M&A4

Committiee on Venture Ecosystem in Kansai-region (KANSAI KEIZAI DOYUKAI) October 2018

Concierge

Open Flat Friendly
Kansai !!

Masaaki YOSHIKAWA

E-mail: masaaki.yoshikawa@human-hub.jp
https://www.facebook.com/OpenFlatFriendly/

Please feel free
to contact us
Go Global!!

I’m thehottest man!!
Kichol KWON
E-mail: kichol.kwon@tohmatsu.co.jp
https://www.facebook.com/tvs.tokyo

Masao NAGAKAWA

E-mail: ohclub@innovation-osaka.jp
https://www.facebook.com/OsakaInnovationHub/

5Committiee on Venture Ecosystem in Kansai-region (KANSAI KEIZAI DOYUKAI) October 2018

Programs of Local Governments
Osaka Prefecture

Osaka City

[Booming!] Acceleration program

Osaka Innovation Hub （OIH）➢ Supports for startups aiming at IPO➢ Individualized support programs bysuccessful senior entrepreneurs➢ A base for entrepreneurs and engineers whowant to change the world through new
businesses and technologies

Kobe City

Kyoto City

500 Startups Kobe Accelerator

Kyoto City Start-up Support Fund

➢ A program of US seed investment fund, 500
Startups, hosted by the Kobe City
Government

Kyoto City Venture Companies Connoisseur Committee➢ A startup supporting fund established by theKyoto City Government and local banks➢ the Kyoto City Venture Companies Connoisseur
Committee which members are indigenous exstartups designates eligible startups

6

Committiee on Venture Ecosystem in Kansai-region (KANSAI KEIZAI DOYUKAI) October 2018

“There’s probably no economic center in the world that is
as under-utilized as a platform for entrepreneurship as Osaka”
A View on Kansai’s Startup Ecosystem

Allen Miner Sun Bridge Corporation
Group Chairman and CEOForbes

Aug 2, 2018, 04:52pm

Located at the heart of Japan’s second-largest
Allen Miner, CEO of Sunbridge Group, saysmetropolitan area, Osaka is emerging as a startup
Osaka represents an enormous untappedmarket for startup companies
hotspot based on dynamic government support
programs. The city and prefecture has given birth to long-established Japanese brands
such as Panasonic, Sharp, Suntory and Nissin Food Products, as well as more recently
founded high-tech firms including Sakura Internet and Capcom. There are also an
estimated 1,000 early-stage seed startups in Osaka.
“There’s probably no economic center in the world that is as under-utilized as aplatform for entrepreneurship as Osaka—there’s a huge local market and talent pooland a huge potential for consumers,” says Allen Miner, former head of Oracle Japan andCEO of Sunbridge Group, a venture capital organization based in Tokyo and Silicon
Valley with about $2 million invested in the Osaka region. “As of a year ago, all our seed
investments were in Osaka because there’s not enough funding there to meet theunderlying potential.”
Osaka is an important case study of how the public and private sectors are working
together to bring Japanese innovation to greater heights on the global stage.
7Committiee on Venture Ecosystem in Kansai-region (KANSAI KEIZAI DOYUKAI) October 2018

Academia in Kansai

OSAKA UNIVERSITY VENTURE
CAPITAL Co., LTD(CAPITAL approx. USD111M)
Kyoto

Science and Technology
Entrepreneurship Co., Ltd

KYOTO UNIVERSITY INNOVATIONCAPITAL Co., LTD(CAPITAL approx. USD142M)

OsakaKobe

KansaiInternational
Airport8

Committiee on Venture Ecosystem in Kansai-region (KANSAI KEIZAI DOYUKAI) October 2018

Startups Representing Kansai Region
Sharing Economy

AKIPPA Inc.

AKIPPA is a matching service of empty parking lots over smartphones /PCs. AKIPPA connects users looking for parking lots for temporary use
and owner of unused yearly/monthly lending lots.

https://akippa.co.jp/

Chemical Process

Microwave ChemicalCo., Ltd.

Polaris provides rehabilitation services for elderly people who haveserious difficulty of moving their bodies. With their advanced technic of
http://www.polaris.care/rehabilitations POLARIS make them possible to live well and free as theywish.
Microwave Chemical will innovate the chemical/energy industry byapplying their novel microwave process. The company is designated J- http://mwcc.jp/en/
Startup 2018.

Power Storage
SystemCONNEXX SYSTEMS
Corporation

CONNEXX SYSTEMS will lead future energy society by innovating storage
http://www.connexxsys.com/e/index.
battery technologies.
html
2013 finalist of the Intel Global Challenge

Ga2 O3
Semiconductor

FLOSFIA Inc.

FLOSFIA is a startup spun out from a research of KYOTO University andhas devoted to development of a Schottky Barrier Diode(SBD) by mist
chemical vapor deposition(CVD), achieving world top-level reduction inon-state loss. J-Startup 2018.

http://flosfia.com/english/

Robotics

Kyoto Robotics
CorporationKyoto Robotics Corporation promotes the widespread adoption of
intelligent robots in factories and warehouses.
J-Startup 2018.

https://www.kyotorobotics.co.jp/en/index.html

ExaWizards Inc.

ExaWizards is a startup spun out of KYOTO University, specializing indevelopment of AI-enabled services for industrial innovation and social
problems solutions.
J-Startup 2018.

https://exawizards.com/en/

JTEC Corporation

JTEC Corporation pursue two main businesses: one is Optical Business,
mainly with the implementation of x-ray focusing mirrors for synchrotron
radiation, and the other is Development Business of Automatic System https://www.j-tec.co.jp/english/for Life-Science Devices, mainly with automated cell culture.
300 small companies for excellency in technology and productivity 2016.

Megakaryon
CorporationMegakaryon will establish techniques to manufacture safe and low-costplatelet products constantly without relying on blood donation, achieve asecond revolution in transfusion medicine and contribute to the
http://www.megakaryon.com/en/
evolution of medical infrastructure all over the world.
J-Startup 2018.

Nursing care service POLARIS Co. LtdAIEngineering(Optical, Life Science)

Regenerative
medical9Committiee on Venture Ecosystem in Kansai-region (KANSAI KEIZAI DOYUKAI) October 2018

Events Calendar

NEDO
Festain Kansai
Every other Fridays

Morning Meetup

Pitch in Future 20182019/12/18-19

2019/3/13

Innovation Festa

Global Pitch Contest

seminar
pickupmatchingmorning meetup

pitchpitch

Silicon Valley Reportand Meetup Vo..10

Accelerator KansAI0.6
Demo・Day@Osaka Innovation Hub

World Startup Trend

seminartech

globaltech

meetuppitch

seminarseminarglobalpitch

Israel Business
Innovation Seminor
global10

Committiee on Venture Ecosystem in Kansai-region (KANSAI KEIZAI DOYUKAI) October 2018

Appendix I11

Committiee on Venture Ecosystem in Kansai-region (KANSAI KEIZAI DOYUKAI) October 2018

Appendix II

X(cross) PortThe “Future Lab,” a problem-solving Open innovation platform
A Companies wants to solve problems/develop new ideas through open innovation
can be a leader of the XPort, disclose themes and start its own project.

Companies including startups and researchers interested in these themes canparticipate those projects as members of the XPort.
Collaborative domain (in the hub)Team composition

Competitive domain
Beginning of the project (NDA)

From the same industryCompanyStudentMaker

LeadercompanyFacultyCompany

Marketintroduction

Leadercompany
CompanyCompany

MakersOIT
faculty

Leadercompany

CompanyMakers

R and D phase

Faculty

Leadercompany
Company

StudentCompany

Student

From different industries
From academia

Lean startup

Use the Xport’s as a facility for prototyping leading tomanufacturing/market introduction phase.

X Port is located in the UMEDA campus of the Osaka Institute of Technology.
12Committiee on Venture Ecosystem in Kansai-region (KANSAI KEIZAI DOYUKAI) October 2018

Appendix III

Overview of Kansai Region and Its Economy⚫ Kansai is an area located in the center of Japan with population of approximately 21.66 million. Its GRP
is approximately $823.8 billion equivalent to GDP of Netherlands (ranked 17th in the world).
⚫ Kansai has well known three thriving cities, Osaka, Kyoto, and Kobe. Those major cities are locatedwithin Silicon Valley size of area. Kyoto and Kobe are 30-minute ride of rapid train services from Osaka’scity center.
Kyoto

Osaka

World’s 4th most popular city

Second largest economy in Japan

Comparison of GDP:Kansai andother countries

Kyoto

Hyogo

World’s Best Awards,2017 ”The World’s Top 15 Cities”

Shiga
Shanghai

915IndonesiaKansai

50㎞
Wakayama

824
Kobe823

TurkeySapporoOsaka854

Netherlands

Switzerland

Fukui

Nara

Kansai

100㎞

New York

World’s 5th cleanest city
MBC Times“The 12 cleanest cities in the world 2015”

685

San Paulo(US$billion)
billion)(US$Sources: 2016 Statistical reports on land area ofprefectures and municipalities in Japan(Geospatial Information Authority of Japan),
Population based on Residential Basic Book
(Ministry of Internal Affairs andCommunications; as of January 1, 2016), 2013
National Accounts (Cabinet Office), 2013
Annual Report on Prefecture Accounts (CabinetOffice)Note:
GRP of Kansai = Derived from Fiscal Year 2013
nominal GRP of the region
Foreign exchange rate: ¥100.23/USD

MumbaiTokyo
Kansai

Domestic
share

Area (k㎡) (2016)

31,542

8.3%

Population (1,000) (2016)

21,663

16.9%

GRP,GDP (US$ billion) (2013)

824

16.2%

NagoyaHiroshima
FukuokaKagoshima

13