BUSINESS

Foreign entrepreneurs pitch business ideas in Japan startup competition

Albert Okamura, the president of One Visa Inc. (seated, second from left), Xianhe Zhang, CEO of 3DNest Inc. (seated, third from left), and Alex Wang, CEO of Kawayuii Holdings Co. (seated, second from right), have their photo taken after receiving awards at the Foreign Enterpreneurs Business Plan Competition 2018 held in Tokyo on July 18. | KANTARO KOMIYA

By Kantaro Komiya
Contributing Writer

Jul 24, 2018

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.

Foreign entrepreneurs pitch business ideas in Japan startup competition

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