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Tsunami & nuclear disaster area employment creation business siting subsidy

Objectives and overview

To provide support in setting up new factories and other facilities in the areas hit particularly hard by the Great East Japan Earthquake, as well as in Fukushima Prefecture as a whole (with the exception of zones under evacuation directive*), and by creating local employment, to revitalize the regional economy.

Conditions covered by subsidy

Covered facilities

Factories,Distribution facilities,Testing and research facilities,Facilities used for call centers and data centers, etc.

Covered costs

Initial investment for establishment of factories (restricted to use for corresponding businesses)
Land acquisition costs (rental excluded), building and equipment acquisition costs, and corresponding ancillary construction costs.

Eligibility conditions

  • New local employment depending on capital outlay for fixed assets (see table at right)
  • Investment planning for facilities alone are not covered by this subsidy.
  • Enterprises announced overseas before January 29, 2013 (day FY2013 budget decided by cabinet) are excluded.

Grant rate and upper limit

②Cities and towns that suffered severe damage from the tsunami

Small/medium businesses: subsidy of 2/3 costs covered by subsidy,Large businesses: subsidy of 1/2 costs covered by subsidy
[Upper limit] If external evaluation committee evaluation is particularly high, ¥5 billion yen In other circumstances, ¥3 billion.

③ Areas other that ① and ②

Small/medium businesses: 1/3 ~ 1/8 Large businesses: 1/4 ~ 1/8 (upper limit ¥3 billion)
[Upper limit]¥3 billion.

①nuclear disaster area

Regions in the subsidy system

Regions in the subsidy system

Hiring requirements

Capital outlay for fixed assetsNew local employment*
¥50 mn ~ 3 ~
¥100 mn ~ 5 ~
¥1 bn ~ 10 ~
¥2 bn ~ 20 ~
¥3 bn ~ 30 ~
¥4 bn ~ 40 ~
¥5 bn ~ 50 ~
¥6 bn ~ 60 ~
¥7 bn ~ 70 ~
¥8 bn ~ 80 ~
¥9 bn ~ 90 ~
¥10 bn ~ 100 ~

Other

Implementation period

Contact

Mizuho Information & Research Institute Social Policy Consulting Department (Office)
TEl:03-5289-7204
[Hours: 10:00 ~ 12:00, 13:00 ~ 17:00 (Closed weekends and public holidays)]

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