Toyo Keizai Inc. and FIRST CVC Inc. have established the "Amazing CVC Award" as a new project to promote co-creation between large corporations and startups, and began accepting case studies on June 30, 2026. Application Page URL: https://catalyst.firstcvc.jp/award#form ■ Background and Concept of the "Amazing CVC Award" For the Japanese economy to achieve a true resurgence, a "cycle of co-creation" that connects the funds and assets of large corporations with the technologies of startups is indispensable. However, the reality is that many CVC (Corporate Venture Capital) managers are struggling alone while facing various conflicts. This award does not merely evaluate financial returns or final business outcomes. It pays the utmost respect to the "challenging process" itself – the gritty and real efforts made to confront and overcome the three conflicts inevitably faced in innovation: gaining internal understanding, bridging two worlds, and earning trust. These best practices for the next generation will be widely disseminated to society. ■ "Case Study Evaluation Committee" Members Representing Various Fields Top runners leading Japan's open innovation have kindly agreed to serve as evaluation committee members, endorsing the purpose of this award. We present their comments. (In no particular order, titles omitted) ● Tatsuhiko Inoue (Professor, Graduate School of Commerce, Waseda University) "CVCs that create value by combining the rich resources of corporations with the cutting-edge technologies and activities of startups are key to revitalizing Japanese industry. For large corporations, it is an excellent opportunity to learn new technologies and markets, not just investment returns. For startups, in addition to funding, it is an attractive option to leverage the strong customer base and sales networks of large corporations, and even gain social credibility. However, if there is a misalignment of objectives or a lack of trust, even promising collaborations can end