Who is eligible to apply?

SMEs in Tokyo that have a plan to increase wages and have either experienced a decrease in operating profit or recorded a loss in their most recent fiscal year.

What is the maximum subsidy amount?

The maximum subsidy is 6 million yen.

What is the subsidy rate?

The rate is up to 3/4 of eligible expenses (4/5 for small businesses). It is reduced to 2/3 if the planned wage increase is not achieved.

What types of expenses are covered by the subsidy?

Eligible expenses include costs for raw materials, machinery, outsourcing, intellectual property, system implementation, expert guidance, rent, and sales promotion.

AI News NQ Analysis

Tokyo: Application Support Begins for 'Creative Ingenuity Challenge Promotion Project (Wage Increase Focus Course)' Offering Up to 6 Million Yen (3/4 Subsidy Rate)

NQ Score 65/100

AI Summary (NQ-processed)

Navit Co., Ltd. is now offering application support for a Tokyo Metropolitan Government subsidy that provides up to 6 million yen to SMEs that are strengthening their business and raising wages.

AI Analysis

Frequently Asked Questions

Q: What is the name of this subsidy program?: A: It is the 'Creative Ingenuity Challenge Promotion Project (Wage Increase Focus Course)' offered by the Tokyo Metropolitan Government.
Q: Who is eligible to apply?: A: SMEs in Tokyo that have a plan to increase wages and have either experienced a decrease in operating profit or recorded a loss in their most recent fiscal year.
Q: What is the maximum subsidy amount?: A: The maximum subsidy is 6 million yen.
Q: What is the subsidy rate?: A: The rate is up to 3/4 of eligible expenses (4/5 for small businesses). It is reduced to 2/3 if the planned wage increase is not achieved.
Q: What types of expenses are covered by the subsidy?: A: Eligible expenses include costs for raw materials, machinery, outsourcing, intellectual property, system implementation, expert guidance, rent, and sales promotion.