• Kyodo

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A Japanese business consultant here has founded a network aimed at helping young Japanese launch ventures in Silicon Valley.

“I will be happy if I can eliminate the sense of stagnation among young Japanese” by helping them become entrepreneurs, said Mochio Umeda, referring to Monday’s launch of the Japanese Technology Professionals Association.

The JTPA consists of young entrepreneurs, lawyers and other professionals.

It seeks to provide Japanese under 30 years of age with information that will help them prosper in Silicon Valley, according to Umeda. This information includes tips on work experience and skills.

The JTPA will also accept trainees on a short-term basis.

Umeda is president of business consulting firm Muse Associates, which is based in Palo Alto, Calif.

The founding of the JTPA was inspired by the huge local influx of engineers from other Asian countries such as India and China and their subsequent efforts to forge strong networks in Silicon Valley, he explained.

“Now that thousands of them are linked as a unit, new business options are widespread,” he said.

The JTPA is the latest development in a recent drive to foster young Japanese engineers and entrepreneurs in Silicon Valley.

In April, a group known as the Silicon Valley Japanese Entrepreneur Network launched activities aimed at creating a broad network to exchange business ideas and expertise.

The SVJEN was founded by 15 Japanese, including Hiroshi Soga, a former Nippon Steel Corp. employee who started his own local business.

Whereas there are thought to be more than 30,000 Indian engineers in Silicon Valley, there are only about 500 Japanese engineers, excluding those assigned by big Japanese companies, according to the JTPA.

The association aims to boost this number to 10,000 within 20 years.

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