ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Startups

Japan support group for startups targets enterprising foreigners

BooSTAR X plans $10m fund to nurture country's hidden talent

Minjie Xiao, right, and Kevin Guo, center, at the kickoff for BooSTAR X in Tokyo on Dec. 1, 2020. (Photo by Shuhei Yamada)

TOKYO -- An organization to help foreign residents in Japan launch new businesses was founded in December by two business person born in China, including a noted economist.

BooSTAR X plans to set up an investment fund next year to support foreign residents looking to become entrepreneurs, its founders said. "The ratio of foreigners to entrepreneurs is too low in Japan," co-founder Kevin Guo said at the kickoff for BooSTAR X in Tokyo on Dec. 1.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more