Who is eligible for the Tokyo business succession grant?

SMEs and sole proprietors in Tokyo that completed business succession on or after April 1, 2021, are eligible.

What can the subsidy be used for?

It covers various costs for new business development and sales channel expansion, including raw materials, equipment, and advertising.

How can I apply for this grant?

You can apply through the Tokyo Metropolitan Small and Medium Enterprise Support Center's website or contact their secretariat at 03-4446-4650.

AI News NQ Analysis

Support for Successors' New Challenges: FY2026 'Growth Support Project Triggered by Business Succession'

NQ Score 45/100

N1 Content Completeness 5

AI Summary (NQ-processed)

The Tokyo Metropolitan Government and the Tokyo Metropolitan SME Support Center have announced the FY2026 application details for a subsidy program supporting successors of SMEs who undertake new business ventures or sales channel expansion following business succession. Grants of up to 8 million yen are available, with an increased subsidy rate for companies planning wage hikes.

AI Analysis

Frequently Asked Questions

Q: Who is eligible for the Tokyo business succession grant?: A: SMEs and sole proprietors in Tokyo that completed business succession on or after April 1, 2021, are eligible.
Q: What can the subsidy be used for?: A: It covers various costs for new business development and sales channel expansion, including raw materials, equipment, and advertising.
Q: How can I apply for this grant?: A: You can apply through the Tokyo Metropolitan Small and Medium Enterprise Support Center's website or contact their secretariat at 03-4446-4650.