Japanese Govt to fund start-up CEOs

The Japanese government plans to start a system this fiscal year under which it will provide living costs of 6.5 million yen ($64,000) per year, for up to two years, for people who quit their companies and start a new business.

Kyoto University sets up $60 million fund for Asian start-up investment

Japan’s second largest university has set its second venture funds worth $60 million in the region and possibly across the country. Through the Kyoto University Venture Fund (KUVF), the university will fund business initiatives proposed by its faculty and alumni members or “relevant persons who have significant potential synergy with the University, into viable ventures.”