The Startup Ecosystem of Fukuoka

Fukuoka has established itself as one of Japan’s most rapidly growing startup hubs, with impressive statistics to support its reputation. The city boasts a remarkable business opening rate of 6.3%, the highest in Japan over the past four years. Within a span of 10 years, Fukuoka has witnessed the launch of over 540 companies, collectively employing approximately 18,000 individuals.

One of the key factors contributing to Fukuoka’s success is its strong government support and commitment to fostering entrepreneurship. The Fukuoka City Government actively promotes startup development through initiatives like Startup City Fukuoka, aimed at cultivating the local startup ecosystem. As part of this initiative, the city provides loans to entrepreneurs who have established their businesses in Fukuoka within the past two years. To qualify, entrepreneurs undergo a screening process and may receive a maximum loan of 35 million yen at the low interest rate of 1.3%. Additionally, Fukuoka City hosts an annual Business Plan Contest, offering contest winners the chance to secure the Set Up Subsidy with a maximum prize of 1 million yen.

Fukuoka is home to several startup incubators and accelerators that provide comprehensive support to startups at various stages of development. These include Startup City Fukuoka, Fukuoka Growth Next, and Global Challenge! Startup Team Fukuoka. These incubators offer valuable resources, expertise, and networking opportunities to nurture the growth of innovative ventures in the city.

The presence of esteemed educational institutions further enhances Fukuoka’s startup ecosystem. Fukuoka University and Kyushu University attract a large number of students, positioning Fukuoka as the third city with the highest student ratio in Japan. This creates an environment conducive to knowledge transfer and collaboration.

Notably, initiatives like Engineer Cafe bring together computer engineers from both the public and private sectors, offering opportunities for networking and technical knowledge sharing through various events. Fukuoka also offers a variety of coworking spaces to cater to the needs of startups and entrepreneurs. Notable spaces include Co-working and Co-learning space Q, Fabbit, and Yokalab Tenjin, providing flexible work environments and fostering a sense of community among like-minded individuals.