CONTACT: Lia Camargo
CIC Japan Partnerships Associate
JETRO Brings its Global Acceleration Hub to CIC
Opening the door for a direct connection to Japan
CAMBRIDGE, MA–The Cambridge Innovation Center (CIC), the leading coworking and office space provider, is happy to announce a partnership with the Japan External Trade Organization (JETRO). This partnership connects Japanese companies with CIC’s extensive resources within the Boston startup and innovation community by way of the JETRO Global Acceleration Hub. Additionally, current CIC members gain access to similar resources if they are considering an expansion into Japan.
“This partnership is the result of numerous projects that stem from CIC’s mission of fixing the world through innovation,” says CIC CEO, Tim Rowe. To this end, CIC is pleased to provide free coworking space to companies accepted into the program through March 2019. There are considerable resources available for companies based in Japan looking to relocate to the Boston area. Additionally, Japanese companies who come to CIC will receive mentoring support from experienced entrepreneurs in the Boston area, as well as introductions to venture capitalists, investors, and corporate connections.
“We [CIC + JETRO] are here to support U.S.-based companies that want to expand into Japan, as well as Japanese businesses expanding to the Greater Boston area,” says Lia Camargo, responsible for CIC’s Japan Partnerships. CIC has worked with JETRO to provide CIC members with resources to facilitate the setup of Japanese operations. These resources include relocation assistance, human resource and accounting support, as well as potential state-level benefits, should a company qualify. There will be upcoming lunch and learn sessions for CIC members interested in learning more at CIC’s Cambridge location.
Founded in 1999 and headquartered Cambridge, Mass, CIC builds and operates innovation campuses. CIC and its family of affiliated organizations, including LabCentral and MassRobotics, provide innovators with high-end science and technology shared infrastructure including offices, biotech laboratories and robotics development centers. Venture Cafe, the CIC’s fast-growing global network of non-profit innovation ecosystem-building organizations, has hosted over a quarter of a million people in its programs across six cities on three continents. It is opening in several additional cities in 2018.
CIC’s mission is to create innovation communities that support impactful entrepreneurs to “fix the world”. CIC has supported nearly 5,000 startup companies since inception, with publicly announced transactions worth a combined $10 billion in venture capital investment and M&A exit value. A number of top-flight technology companies, including Apple, Google (Android), Facebook, Twitter, Amazon, Shell, Hubspot, and Boeing have located key initiatives within CIC’s campuses. CIC also houses innovation globalization programs for more than a dozen governments including the Netherlands, Germany, Japan, Canada and China.
Over the next 10 years CIC plans to grow its network of innovation hubs to 50 leading cities around the world. More info at www.cic.com.
The Japan External Trade Organization (JETRO) is a non-profit organization that provides business support services to companies expanding to Japan. Since 2003, JETRO has supported more than 15,000 business investment projects and helped over 1,500 companies successfully invest in Japan. With the support of JETRO’s dedicated staff, clients can incorporate their business; receive visa, immigration, and HR support; find dedicated office space; identify local government subsidies; get tailored market studies; and more.