[TMG Announcement] Tokyo Metropolitan Government now accepting applications from participating companies for Tokyo Financial Award 2024!

Jul 31, 2024

Image courtesy of Tokyo Financial Award

We are excited to announce that the applications for the “Tokyo Financial Award 2024” are now open. To apply, please visit our website and submit the application form.

<About the Tokyo Financial Award>

In Tokyo, with the aim of becoming "Asia's Innovation and Financial Hub for Realizing a Sustainable Society," efforts are being made to effectively utilize the "Financial and Asset Management Special Zone" certified in June 2024, and to become a leading city in sustainable finance and a city where globally active startups are born. As part of these efforts, we are seeking participants for the "Tokyo Financial Award 2024," which recognizes initiatives that create innovation in the financial sector and contribute to the realization of a sustainable society through the power of finance.

The Tokyo Financial Award are divided into two categories: the Financial Innovation Category and the Sustainability Category.

1.  Financial Innovation Category

The Financial Innovation Category invites financial companies (including fintech companies) that address the needs of Tokyo’s residents and businesses utilizing the latest financial technology.  Support programs for business expansion in Tokyo will be provided to companies that passed the preliminary round (Around 15 companies).  The top 3 winners will receive a prize money of 10million JPY, 5million JPY, and 3million JPY respectively.

• Mentoring Program: The secretariat office will introduce various mentors that are experienced and knowledgeable about certain business areas in the Japanese market which could be unique compared the rest of the world in some cases.

• Business Matching/Networking opportunities: On top of introducing potential business partners/clients in Tokyo, the secretariat office will host several networking events where participants of the program will get an opportunity to present and network with members of the financial industry including investors potentially.

• Japanese communication support: For foreign companies, the secretariat office will provide translation support for various communication materials.

2.  Sustainability Category

The Sustainability Category invites companies on both the investment side and the business side that are engaged in initiatives contributing to the promotion of sustainable finance.  The Sustainability Category is comprised of the following two subcategories:

• Investment subcategory: Targets financial businesses (including fintech companies) that contribute to the realization of a sustainable society through engaging in a wide range of financial activities including, but not limited to investments, lending, etc.

• Business subcategory: Targets businesses (including financial businesses) that contribute to the realization of a sustainable society through the use of sustainable finance (including, but not limited to sustainability-linked loan, sustainable fund, and a wide range of financing methods such as VC investments)

Around 3 outstanding companies will be awarded from the Sustainability Category, in which the “Governor’s Special Prize for Green Finance” will be awarded to one business that is particularly outstanding in its green finance initiatives.

<Benefits>

• Exposure: Winners will have the opportunity to gain exposure at networking events where past winners are invited to present and network with members of the financial industry. The secretariat office also produces interview video clips where past winners discuss about their success stories which are uploaded on YouTube, etc.

• Recognition: Winners will be invited to the Award ceremony in which the governor of Tokyo will be joining.

<Application>

• Submission deadlines:
  • Financial Innovation Category:  Friday, Aug 30 23:59 (JST)
  • Sustainability Category:  Monday, Sep 30 23:59 (JST)

• Application procedures:
  • Please check the application guidelines on the top page of each category and fill in the application form.
  • Website of Tokyo Financial Award 2024: https://www.finaward.metro.tokyo.lg.jp/en/

<Contact Us>

For updates and announcements, please follow us on social media. (Facebook, LinkedIn and X (Tokyo Government’s account))

We would be very grateful if you are interested in applying for this award.  Good luck with your application.

If you have any question, feel free to contact the Tokyo Financial Award Secretariat: tfa@jp.ey.com.

The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

Canadian Public Markets Study Seeks Industry Input

Digital Wallet Control Points for Banks and Fintechs

OSFI Flags Frontier AI Risks Across Canadian Finance

FNZ Turnaround Tests La Caisse and Canadian Pension Capital

Senso’s Path From Fintech AI to Zeta Acquisition

National Security Is Now Part of Financial Supervision

How Canadians Pay Is Changing Before Real-Time Rail

Canadians Cut Holiday Spend but Still Pay More for Canadian

Ondo Launches Tokenized Pre IPO Private Markets

Snaplii Puts AI Agent Spending in a Separate Wallet