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Japan agency taps crowdfunding to help quake-hit businesses NHK

Businesses in central Japan are struggling to recover from the Noto Peninsula earthquake that hit the region on New Year's Day.

The Organization for Small & Medium Enterprises and Regional Innovation, Japan has teamed up with crowdfunding platforms to help them.

The agency, which is known as SME Support Japan, has joined hands with domestic crowdfunding platforms, Campfire, Makuake and Readyfor.

The crowdfunding companies typically charge fees of between 10 to 20 percent on funds raised. However, this will be reduced to 5 percent for companies in quake hit prefectures.

Businesses in Ishikawa, Toyama, Fukui and Niigata are eligible.

SME Support Japan will provide crowdfunding specialists to companies using the service to help them promote their businesses and attract investment.
Summary
Central Japan businesses affected by the New Year's Day earthquake on Noto Peninsula seek recovery aid. SME Support Japan partners with crowdfunding platforms Campfire, Makuake, and Readyfor to assist. These platforms will reduce fees from 10-20% to 5% for quake-hit prefectures: Ishikawa, Toyama,
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ID: 39e15e70-2b02-4454-a813-7506278a30a4

Category ID: nhk

URL: https://www3.nhk.or.jp/nhkworld/en/news/20240214_31/

Date: Feb. 14, 2024

Created: 2024/02/14 19:00

Updated: 2025/12/08 17:43

Last Read: 2024/02/14 21:58