As the job market continue to prove unstable, or simply elusive to many of Japan’s disenfranchised young, it’s heartening to see that more opportunities for startups. Offering up a chance for entrepreneurs in the tech industry to get their businesses up and running, venture capital firms, such as CyberAgent Ventures, Samurai Incubate Inc. and Open Network Lab, offer advice, funding, and sometimes even office space, in return for a stake in these new businesses.
While it's taken time for the model of startup incubators to catch on in Japan, it would appear to be truly thriving these days. CyberAgent Ventures, for example, will be opening up Start-ups Base Camp, Japan’s largerst ever startup office space, on Feb. 22 this year. A subsidiary of Cyber Agent, the company plans to house up to 100 new businesses in over 1,200 sq. meters of office space centrally located in Aoyama,Tokyo.
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