Mitsubishi Research Institute (MRI) has launched the Innovation Network for Co-Creating the Future (INCF) with the aim of achieving a more sustainable society through solutions to societal issues based on groundbreaking technologies and innovation. INCF acts as a platform to achieve those aims by facilitating the collaboration of, gathering of wisdom from around the world by, optimal teamwork among industry, government, academia, and citizens.
MRI is running the Business Acceleration Program 2019 to address societal issues centered around the six focus areas, such as "Education/Human Resources", "Wellness", "Water and Food", "Disaster Prevention", "Mobility", and "Energy and Environment". We look forward to receiving applications from persons and startups who are passionate about addressing these societal issues, both in Japan and around the world.
This website was launched.
Business proposals may also be submitted for multifaceted social issues that involve several focus areas.
Note: business proposals focusing only on infrastructure technologies (e.g. AI and blockchains) will not be accepted.
Individuals and venture companies having about less than 1 billion yen or 10 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.
Eligible business models
Business models on the use of business to address societal problems within the scope of this program. Solutions using services that have already been launched or products in the prototype , MVP（minimum viable product）stage. It is desirable that initial customers have already been acquired.
We welcome domestic and foreign experts and experts who have agreed to the activities of INCF as advisors.
They will be in charge of screening this program.
(In alphabetical order; honorifics omitted)
Dean and Professor, Keio University Graduate School of Media Design
Professor, Division of University Corporate Relations, University of Tokyo
CEO and Founder of TomyK Ltd.
President and CEO, S&R Foundation / Founder and Chair, Halcyon
Chairman, Mitsubishi Research Institute
Professor of Japanese Business, UC San Diego
Co-President, Stanford Angels & Entrepreneurs / Advisor, SDG Philanthropy Platform
Professor, Graduate School of Management, Kyoto University
Director, US-Asia Technology Management Center, Stanford University
Executive Managing Director, Japan Innovation Network
Founder and CEO, ETIC.
Managing Partner, Net Service Ventures Group
Competition procedures and criteria for participants
Early June - Late June.
Notification of the results of primary screening.
End of June
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 issues, the level of impact, benefits to users, business potential, and feasibility.
July 3 and July 8
at Mitsubishi Research Institute
Notification of the results of secondary screening.
Mid July-Late July
In addition to perspectives from the primary screening, presentations will be comprehensively evaluated, including the passion demonstrated by participants for addressing societal issues and pursuing their business plan.
Late July - Early September
Mentoring sessions will be held by MRI scientists. Our team of mentors, consisting of experts in fields of six priority social issues and business strategy, will provide support for enhancing business models and improving presentation skills.
at Global Business Hub Tokyo
Participants who pass the secondary screening will give presentations in the form of a pitch Competition “Business Acceleration Program Award” before a panel that will include experts and business development officers of companies.
* If you can‘t come to the venue, you can use skype or send us a presentation video.
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 ”Mobility”, "Disaster Prevention" or "Education/Human Resources" 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 teams will participate in the final screening (pitch Competition).