Amid increased efforts to help non-Japanese talent launch businesses in Japan to boost foreign investment and international competitiveness, the domestic startup scene saw a contest for entrepreneurs with an overseas background last week.
Hosted by Tokyo Star Bank Ltd., seven finalists from 48 contenders for the Foreign Entrepreneurs Business Plan Competition 2018, which the bank claims is the first of its kind, presented their business ideas on Wednesday in pursuit of a ¥1 million prize.
The grand prize went to Xianhe Zhang, CEO of 3DNest Inc., which provides 3D image scanning services.
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