Establishment of a new fund for industrial innovation investment of public-private funds to restart investment July 9 4:41
The Public-Private Fund Industrial Innovation Investment Organization has established a new fund and will resume investment in startup companies that are expected to grow next month.
According to the announcement, the Public-Private Fund Industrial Innovation Investment Organization will newly establish an investment fund of 120 billion yen.
It is said that the policy is to start new investment from next month, and make new investment for the next 5 years to start-up companies that are expected to grow in various fields such as information and communication, finance, and healthcare.
The Industrial Innovation Investment Organization, in response to the government's problem of remuneration of the president of more than 100 million yen per year at the maximum, fell into an unusual situation in which 9 out of 11 directors resigned and invested. The activity was stopped.
This time, investment activities will be restarted under a new management system, and whether the new coronavirus will support startup companies with potential in the future as startup investment by private companies cools down. It seems to be asked.
President Keisuke Yokoo at the press conference said, "The major premise is that we will invest in companies with industrial competitiveness within the scope of the law, but we will invest in companies that are likely to remain competitive in the long run. I want to continue."