TOKYO–(BUSINESS WIRE)–Feb 5, 2019–CES 2019, recently held in Las Vegas, Nevada from January 8-11, represented the first time the Government of Japan showcased its innovative startups and their groundbreaking solutions to a global technology audience of more than 188,000 people. This featured Japan’s recent change in business innovation environment; more startups began to emerge, seeking to compete in the global marketplace.
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Japan Innovation Showcase booth (Photo: Business Wire)
The innovative technologies on display at Eureka Park were part of Japan Innovation Showcase, organized by the Japan External Trade Organization (JETRO). The solutions, which leveraged cutting-edge artificial intelligence (AI), Internet of Things (IoT) and robotics technologies, showed consumers how to solve societal challenges and make their lives easier.
22 Japanese startups made the exhibition and covered solutions in robotics, wearable technologies, smart home, and wellness and fitness industries. Four Japanese startups won coveted CES Innovation Awards.
The exhibition was part of the J-Startup Program, a pioneering government initiative launched in June 2018 by the Ministry of Economy, Trade and Industry of Japan (METI), designed to create optimal environmental conditions to foster 20 unicorns by 2023. Around 100 J-Startup companies were recommended by the Japanese business community as the ones with the potential to achieve unicorn status and receive support from successful entrepreneurs and investors to succeed globally and bring new value to future societies around the world.
The Government of Japan has focused on strengthening innovation ecosystems to incorporate external dynamism beyond its borders and developed a more effective regulatory environment through the business-friendly Abenomics policy initiative. It has also hosted a business roundtable in Paris to discuss collaborative opportunities for businesses outside Japan, taking advantage of the country’s evolving startup ecosystem and changing corporate innovation environment.
For more information about J-Startup program, please see: https://www.j-startup.go.jp/en/.
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CONTACT: Keiko Yamamoto
Counsellor, Office of Global Communications, Prime Minister’s Office
+81-3-3581-0101J-Startup Office (Startup and New Business Promotion Office), Tokyo
Ministry of Economy, Trade and Industry, Japan
Will F. Ferguson
Project Coordinator for Innovation and Technology
+415-392-1333; extension 221
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SOURCE: Government of Japan
Copyright Business Wire 2019.
PUB: 02/05/2019 12:31 PM/DISC: 02/05/2019 12:31 PM