Tokyo offers grants to foreign companies in green finance

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The grants are available for foreign asset management and financial technology companies working in the field of green finance who wish to start new businesses in Tokyo.

The Tokyo government is inviting eligible foreign companies to locate in the city to participate in a new green finance grant program.

The move aims to expand the green finance market, as part of efforts to contribute to global efforts to tackle climate change and achieve a sustainable recovery from the Covid-19 pandemic.

Under the green finance grant program, the Toky government will cover the expenses that participating foreign companies have to pay to start new operations in the city to work in green finance.

The grants are available for foreign asset management and financial technology companies working in the field of green finance who wish to start new businesses in Tokyo by the end of March 2022.

After two preselection cycles (mid-November and mid-December), support will be provided to five selected candidate companies.

Applications are open from October 15 to November 19, 2021.





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