LINK-J takes part in the acceleration program, which supports startups in the life science field, ZENTECH DOJO NIHONBASHI and BRAVE.
What is ZENTECH DOJO NIHONBASHI?
ZENTECH DOJO Nihonbashi is an acceleration program for entrepreneurs and seed stage startups, run by INDEE Japan Ltd.. Unlike venture capitals which support startups by funding them, the program focuses on the intangible aspects, such as knowledge, experience and networks. Here, startups get trained in the first basics steps in building a company and a business model.
Entrepreneurs need various support to make their ideas and technologies work. The DOJO provides very early financing through an angel-like equity investment and works together to develop and validate a business model.
This program seeks participants who strive to create a business in life science, in a wide sense, such as medical, healthcare, wellness. Every six months, up to four companies are selected which show the most promise in bringing value and impact to the world.
In addition to lectures to gain the knowledge needed for starting a business, the curriculum is designed to help you launch a business through weekly mentoring. It also provides opportunities to find customers and investors for financing.
What is PreStartup in Nihonbashi?
It is a challenge for entrepreneurs or potential entrepreneurs to find a trustful and experienced adviser. PreStartup is a monthly meetup where entrepreneurs can frankly talk with investors. We provide opportunities to talk with mentors from ZENTECH DOJO Nihonbashi and guests related on each theme over a variety of topics.
What is the BRAVE Acceleration Program?
The BRAVE Acceleration Program is a commercialization support program for technology seeds and startups developed from universities, hosted by Beyond Next Ventures Inc.. The company specializes in incubation investments for technical startups emerged from universities, especially for those in the seed stage in advanced fields, such as medical care and healthcare, robots, AI and IoT.
This program provides knowledge, know-how, personal networks and funds for growth for researchers and entrepreneurs from universities and research institutions who strive for the commercialization of innovative technologies. With 110 entries annually, it is Japan's largest acceleration program among those specializing in university technology seeds prior to starting a business. Also, it provides opportunities to companies in the early stage to find management executives, advisers, managers and co-founders who will work on the promotion of commercialization. This is a unique feature compared to other acceleration programs. After the training programs and mentoring by experts in respective industries, experienced managers and others, a pitch contest is held on the final day.
Prizes for Winners in the Final Pitch Contest
Organizations which are highly evaluated in the pitch contest will be given the following supports: opportunities for acquiring a grant for business and research and development of about 100 million yen in total (recommendation for the START program*), prize of up to 2 million yen, opportunities to receive investment of maximum 5 million yen, partner company's support for commercialization, and support for overseas business development.
*JST new industry creation program arose from a university. It provides a grant for research and development, and business development of up to 30 million yen annually, for three years maximum, for a research team before a company is established.
About Life Science Award
The Life Science Award is given by LINK-J to a company or organization that demonstrates excellent performance at the pitch contest. The selected company or organization will be invited to a tour in San Diego, California (U.S.). The winner will have the opportunity to participate in the Biocom Global Life Science Partnering Conference held by BIOCOM, which has partnership with LINK-J, as well as meetings with research institutions and life science businesses in San Diego.