Mechanisms of the Act on Formation and Development of Regional Industrial Clusters
- To aim for the revitalization of regional industries by promoting the establishment of new business facilities and the like that utilize regional characteristics and strengths, a basic plan stipulating the regions (cluster zones) and industries (cluster industries) that the Council for Regional Industrial Development (a body formed primarily by prefectural and municipal governments) wants to attract is submitted to the government. If the government agrees to the plan, it will be eligible for support measures.
- If a company falling under the category of a cluster industry has a plan for establishing new business facilities or a plan for making business innovation in the cluster zone approved by the prefectural governor, it may be eligible for incentives such as reduced capital investment tax (corporation tax) and the low-interest financing program offered by the Japan Finance Corporation.
Basic Plan for the Kobe City Area
The government has approved a basic plan for the Kobe city area stipulating the cluster zones and cluster industries below.
Medical, health care, and welfare industries(Agreed until fiscal 2014)
|Cluster zones||Port Island
Kobe Airport Island
Kobe Techno Logistic Park
Seishin Industrial Park
Kobe Science Park
Kobe High-Tech Park
|Cluster industries (Groups as per Japan Standard Industrial Classification)||
09 Manufacture of food
New manufacturing and materials technology industries(Agreed until fiscal 2017)
Port Island Phase II
(Groups as per Japan Standard Industrial Classification)
09 Manufacture of food
Procedure for Plans for Establishing New Business Facilities and Plans For Making Business Innovation (Overview)
Low-interest Financing Program Offered by Japan Finance Corporation
|SME loans||Micro business and individual loans|
|Interest rate||EquipmentUp to 270 million yen → Special rate (3)
Over 270 million yen → Standard interest rateOperationsStandard interest rate
EquipmentSpecial interest rate O (“Oh”)OperationsStandard interest rate
|Loan limit||720 million yen (250 million yen of which is for operations)||72 million yen (48 million yen of which is for operations)|
*Actual loan subject to examination by Japan Finance Corporation.
Loans for Equipment Installation for Small Enterprises [Hyogo Economic Development Center]
|Eligible applicants||Small enterprises installing new machinery or equipment
A small enterprise is a business that:
has 20 employees or fewer (from 21 to 50 employees) if not in the commerce or service industries; or
|Interest rate||Interest free|
|Loan limit||50% of price of purchased equipment up to limit of 40 million yen (66% of price of purchased equipment up to limit of 60 million yen)
*Real estate security may be required depending on the results of the examination or if the amount of the loan exceeds 15 million yen.
Figures in parentheses are for applications fulfilling certain conditions.