Innovation Square Startup Accelerator (I2@OIST)

Join the first global startup accelerator program in Okinawa!

They are looking for passionate entrepreneurs from all over the world with innovative technologies that have the potential to make a positive impact on society. Once selected, you will participate in a fixed-term residency program as an OIST employee at the Okinawa Institute of Science and Technology where you will receive the funding, mentoring, and partnerships needed to launch your technology ventures right here in Okinawa, Japan.

Program Duration: 10-12 months (~March 31)

The Startup Accelerator Program is funded by Okinawa Prefectural Government

Eligibility

• Entrepreneurs from Japan and overseas with an innovative technology ranging in Technology Readiness Level of 3-6.

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• All technology fields are considered except projects requiring pharmaceutical/drug clinical trials (pre-clinical is eligible).

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• If selected, founder or team leader must devote 100% effort on the project for the duration of the accelerator program.

Funding

• Awards will range from 3-10 million JPY

• Funds can be used for:

  • Personnel (salary, benefits)

  • Lab supplies

  • Contract research

  • Travel to conferences and exhibitions

Resources and Services

• Lab and office space

• Access to OIST core research equipment and resources

• Connect with OIST research and business network

  • Faculty and researchers

  • Venture capital and industry partners

• Mentorship

  • Expert industry mentors assigned to each project

• Professional Training

  • Lean Startup Entrepreneurship Program

  • Business Planning Courses

  • Project Management Courses

• Professional Services

  • Corporate legal advice

  • Intellectual property advice

• Administrative Services

  • Program management by staff of the OIST Technology Development & Innovation Center

  • IT services

Application Process for Accelerator Program

1. Applicants submit a Letter of Intent.

2. Chosen applicants asked to submit a full proposal.

3. Proposals reviewed by a panel of industry experts.

4. Chosen applicants interviewed via web or in person.

5. Final Selection announced.

Selection Criteria

• Passion and commitment to the technology and project

• Fit to OIST environment and resources

• Team

• Technical merit

• Market potential

• Goals achievable within program duration

• Societal impact (Okinawa, Japan, the World)

FY2022 Startup Accelerator Program

To apply for the Startup Accelerator Program, you must submit a Letter of Intent.

Accepting applications from December 6, 2021 through February 4, 2022.

Apply now

For contact: accelerator@oist.jp