Societal problems have become heightened and more complex since the dawn of the 21st century, both in Japan and around the world, and the public sector is reaching the limits of its capabilities to address these problems on its own. We are preparing to launch the Innovation Network for Co-Creating the Future, a platform to facilitate collaboration among industry, government, academia, and citizens by gathering knowledge from around the world and promoting co-creation and implementation through optimal combinations in order to help resolve these growing issues with groundbreaking technologies and innovations and contribute to sustainable growth.
To jumpstart this endeavor, we are holding a Business Idea Competition to address societal problems on the theme of "food and water" and "energy and environment". We look forward to receiving applications from persons and startups who are passionate about addressing societal problems in the area of each fields, both in Japan and around the world.
This website was launched.
Aiming to realize a society where clean and sustainable energy can be used by all the people, by innovative technologies and business models.
At the Innovation Network for Co-Creating the Future, we believe that the following 4 changes will have a significant impact in resolving societal problems in the area of energy and environment.
Innovation in energy efficiency
Innovation for heat energy efficiency
Aiming for society where safe and secure food is available for everyone.
At the Innovation Network for Co-Creating the Future, we believe that the following 4 changes will have a significant impact in resolving societal problems in the area of water and food.
Innovation for efficient production and supply of food
Innovation in the development of efficient means of water utilization
You may submit an idea in either of the following stages.
This refers to innovative ideas for solving problems, prior to any specific product or software, etc. Realization of such ideas would be based on open innovation. Mitsubishi Research Institute can provide support to connect these ideas with companies that have the necessary resources (technologies, products, networks, sales networks, etc.).
This refers to ideas for solving problems using applicable products or software that a company already possesses. The idea does not need to consist only of the company's own products and software. If any additional resources are lacking, ideas with combinations of other resources can also be proposed after the need is clarified.
Mentoring by MRI scientists with expert knowledge
Our team of mentors, consisting of experts in fields such as "food and water", "energy and environment" and business strategy, will provide support for enhancing business models, improving presentation skills, and starting up actual businesses.
Cash award and supplementary awards
Competition procedures and criteria for participants
The business plans, participants' strong points, and other information in each application form will be comprehensively evaluated, including the extent to which it addresses societal problems, the level of impact, benefits to users, business potential, and feasibility.
In addition to perspectives from the primary screening, presentations will be comprehensively evaluated, including the passion demonstrated by participants for addressing societal problems and pursuing their business plan.
Mentoring sessions will be held by MRI scientists. Our team of mentors, consisting of experts in fields such as "food and water", "energy and environment" and business strategy, will provide support for enhancing business models and improving presentation skills.
Participants who pass the secondary screening will give presentations in the form of a pitch Competition before a panel that will include experts and business development officers of companies.
The application guidelines are announced, and acceptance of applications for primary screening (document review) commences. (Note: Explanatory briefings will be held prior to the application deadline.)
Deadline for applications for primary screening (document review).
Notification of the results of primary screening (document review).
Participants who passed the primary screening (document review) will prepare their presentations for the secondary screening (presentations).
Secondary screening (presentations).
Notification of the results of secondary screening (presentations).
Mentoring is provided (one month).
Final screening (pitch Competition) is held.
Individuals and venture companies having less than 100 million yen or 1 million USD in capital, etc. (capital, capital reserves, and capital surplus), and having a goal of addressing societal problems within the scope defined by Mitsubishi Research Institute through business means.
Ideas and business models on the use of business to address societal problems within the scope of this program. Applications may be submitted in either of the following cases.
We welcome domestic and foreign experts and experts who have agreed to the activities of INCF as advisors.
Please check from here for details.
No, the program does not include nonprofit organizations.
Yes. You can also apply if you have an existing business and you want to use the technology on which your business is based to expand into the area of "food and water" or "energy and environment" for the first time.
Yes. However, only one business plan per company will be selected.
Intellectual property rights for business plans and products developed during the business plan Competition period will belong to the participants.
We expect that five to seven companies will participate in the final screening (pitch Competition).
Management will pay travel expenses for persons who travel from distant locations to participate in the final screening (pitch Competition).