Office and Residential Rent Subsidy Program for Foreign Startups (FY2024)

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Subsidy program  （631kbyte）

1. Objectives and Outline

Fukuoka City Government provides financial aid towards rental costs for residence and/or business office to foreign entrepreneurs in Fukuoka City. The objectives of this subsidy program are to make Fukuoka a global startup city that attracts entrepreneurs from around the world　to promote business startups by foreigners　and to support businesses that are attractive to the city.

2. Eligible Person

Foreign entrepreneurs who established a business in Fukuoka City for the first time on or after April 1, 2023 and who meet all of the following requirements are eligible for the subsidy.
Foreign entrepreneurs applying for the subsidy must:

3. Eligible Industries

Businesses that fall under one of the five industries listed below, have been certified to be a leading business, and are expected to strengthen Fukuoka’s international competitiveness and improve the employment rate, are eligible for the subsidy.

4. Applicable Expenses

The subsidy shall be used for renting a residence and business office (including common service and maintenance fees) that are required to launch the new business. The expenses must meet the following reconditions:

Conditions
1. The rental expenses for a residence and business office incurred during the period from April 1, 2024to March 31, 2025.
2.Expenses for which the amount and payment details can be confirmed by documentary evidence.
3. The expenses to be covered by the subsidy program must have been generated after the day of application for the subsidy.

5. Amount of Subsidy and Eligible Facilities

See the chart below for eligible residences or business offices and the subsidy amounts. (Consumption tax, parking, security deposit, key money, real estate commission, insurance, guarantor fee, and other initial expenses are not covered by the subsidy).

* Combined residence and office spaces also may be eligible to receive the subsidy. In this case, the monthly subsidy limit is the sum of the limits for residence and business office.

6．Program Scheme

※ Note: Performance Reports (⑤) are limited to applicants whose subsidy provision has been approved. Startup Visa holders must renew their resident status. The deadline to apply for the subsidy is  September30, 2024.

7. Number of Applicants to be Approved

Approximately three
Note: Additional recruitment may take place within the budget.

8. Screening Process

The subsidy recipients will be determined based on a screening of their application documents.

≪Screening Criteria≫

9. Required Documents

The documents listed below must be submittedinJapanese.

※Please note that the format of this subsidy program is different from the Startup Visa application form.
　 Please fill out the application form below.

10. Deadline and Submission

(1) Deadline and Method of Submission
Applicants must submit all required documents by 5:00 PM on Monday, September 30, 2024 by e-mail or at the location shown below.

(2) Place of Submission
Place: Global Business Support
Adress:1F, 2-6-11 Daimyo, Chuo-ku, Fukuoka
E-MAIL:info@global-fgn.com 

11. Schedule

１２．Finding a residence or office

Below is the information on real estate agency that provide assistance and other services to help foreign entrepreneurs rent a room or business office. Please contact the agency directly if you require this service.

Real estate agency with foreign support functions

Real estate agency	Miyoshi Real Estate
Outline of the service	English and Chinese websites are available. International staff members are available for consultation and assistance in multiple languages. Contracts and important information documents can be explained in multiple languages. Lectures on Japanese customs, rules, etc. are available. International staff members can assist you in case of water leakage or other problems in daily life after moving in, or if you need advice. In some of the properties, the staff will visit your room periodically to check the circumstances and provide consultation on living conditions.
Website	https://www.miyoshi-realestate.jp/
Telephone	092-611-1100
E-MAIL	m-realestate@miyoshi.co.jp

１３．Notes

Conditions
1. All costs associated with each application shall be borne by the applicant.
2.Any questions regarding the results of the screening will not be accepted.
3. If the applicant loses the valid residence status of "Business Manager" or "Designated Activities (Preparatory Activities of Business Commencement)" during the period covered by the subsidy, the decision to subsidize will be cancelled even after the subsidy decision has beem made.
4.The applicant may be disqualified even after the subsidy decision has been made if:
  a. the applicant submitted a subsidy application that does not meet the requirements,
  b. the submitted documents are false, or
  c. the required procedures are not followed.
5. The subsidy will be paid after the report of the business has been received by Fukuoka City and the actual results of the business and the details of the expenses have been verified by documents, etc.