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Business

Investor Chiba envisions 'Team Drone Japan' with new fund

Novice entrepreneurs get cash, management skills to aid fledgling industry

Japan's first drone-focused investment fund launches in June.

TOKYO -- Japan's first investment fund focusing on drone-related startups begins operation in June, offering financial assistance and business management advice for budding entrepreneurs.

Though the small, unmanned aerial vehicles are increasingly employed in various industries such as construction, logistics and tourism, Japanese companies have a weak global presence in the field.

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