Canada, Toronto Expansion Support Course
Period:Approx. 3 months (Late December 2018 – Late March 2019)
No. of Selected Companies:5 (approx.)
Focus Areas:Fintech, Insurtech, AI * The above list isn’t exclusive and is not intended to preclude applications from Tokyo venture businesses that are involved in other fields/areas.
Venue:Listed in Program Overview. * Location may vary depending on specific program.
Application Deadline:December 5, 2018 (Wed.) ※Application Period is extended
The course is held in Tokyo and is not an overseas employment program5
This course is intended for entrepreneurs who are in the preparatory stages of overseas expansion and offers support for establishing a business presence in Toronto, Canada, which is slowly becoming the AI startup capital of the world.
Toronto is both the capital of the province of Ontario and Canada’s largest city. Additionally, its government sets large portions of its budget aside for the promotion of science and technology while fostering talented people who will bring about innovation and technological advancement. It is no surprise then that Toronto came to be known as a global AI hub with an ecosystem that attracts startups and engineers.
In light of the above, we have invited accelerators and venture capitalists from Toronto and the surrounding Ontario area to Tokyo so that the program participants can receive overseas expansion feedback tailored to their business fields and growth stages. At the same time, we will actively help the participants kickstart their expansion by providing business matching services which will connect them with local enterprises. （Matching Program) In addition, at the beginning of the program, participants will receive support from experts, including legal advice necessary for overseas expansion, as well as a refresher course in English communication (Preliminary Support Program)
■Preliminary Support Program (See Note 1 below)
|Title||Number of Sessions
|Global Legal Session||1||A seminar-style presentation by visiting legal experts (attorneys etc.) who will provide an overview of local legal systems and discuss things to keep in mind during business expansion.||TBA||TBA||TBA|
|Power Pitch Training Session
|1||A seminar-style presentation by experts who will discuss the fundamentals of English communication and pitch-making that will be essential in pursuing overseas expansion.||NYU SPS Tokyo||Mid-January||NYU SPS Tokyo|
|Power Pitch Training Sessions
|See Note 2 below||Individual training in English communication and pitch-making, provided by experts.||NYU SPS Tokyo||See Note 2 below||NYU SPS Tokyo|
1.The Preliminary Support Program will also include an introductory brush-up session conducted by matching coordinators from the Administration Office prior to the Matching Program.
2.Time and date of sessions can be arranged through individual consultation with instructors (some limitations will apply).
|Title||Number of Sessions||Content||Partner||Date(s)||Location|
(See Note 3 below)
|A presentation by visiting overseas accelerators on the state of local ecosystems and program utilization methods. Its goal is to help the participants better understand how to utilize local accelerator programs, and to encourage the global expansion of Tokyo-based venture businesses. In addition, participants will engage in one-on-one discussions with accelerators, receiving feedback on establishing a business presence overseas.||See Note 5 below||Mid-February||Central Tokyo|
|VC Speed Dating||1
(See Note 3 below)
|Speed Dating (short/elevator pitch practice) with visiting overseas venture capitalists. By receiving feedback from a venture capitalist perspective, participating companies will have the opportunity to tailor their strategies and fundraising approaches to local business models.||See Note 5 below||Mid-February||Central Tokyo|
|Online Business Matching||See Note 4 below||Online business matching using teleconferencing systems etc. for networking with local companies that are compatible with participating companies from a business standpoint, followed by discussions to help establish business partnerships. In addition, participants will receive feedback to help foster partnerships with local companies.||See Note 5 below||Early March to Mid-March||See Note 6 below|
3.Following matching sessions in Tokyo, participants may request follow-up sessions via teleconference etc. with Partner companies.
4.We expect to match each company admitted to the program with 3-5 local businesses.
5.Local companies, venture capitalists, and accelerators that will serve as Partners will be determined by Tokyo Metropolitan Government and administrative Office based on the business fields and growth stages of companies admitted to the program.
6.We plan to work individually with each participating company to ensure that everyone can make use of teleconferencing systems.
7.Program content is subject to change.