Supporting Digital Innovation A new fund is established by the public and private sectors September 9 16:08
In order to support the flow of DX = Digital Transformation, which is also called digital innovation, the "Industrial Innovation Investment Organization" created by the public and private sectors has created a new fund.
The aim is to invest in companies that work on DX and support new businesses and cooperation with companies.
The "Industry Innovation Investment Organization", a fund created by the public and private sectors, operates a fund that supports start-up companies mainly in the field of information and communications, and this time, we decided to create a second fund.
The new fund will invest in companies that promote digital transformation (DX), which uses digital technology to improve convenience in daily life and increase productivity of companies, and will support efforts from a financial perspective. ..
The fund is on the scale of 200 billion yen, and if the company to be invested aims to collaborate with other industries through a large-scale acquisition, we will add another 200 billion yen.
Regarding public-private funds, there are cases where the management of the investee company is not on track, and the focus is on whether the newly created fund can accelerate the flow of utilization of digital technology, which is spreading due to the new coronavirus Will be.
At the interview, President Keisuke Yokoo said, "The new coronavirus creates a situation in which DX must be promoted, and I want to play a social role through investment."