Business
Tokyo Financial Award 2024 Call for Applications from Businesses in Japan and Worldwide
The Tokyo Metropolitan Government, with the aim of making Tokyo an “Innovation and Financial Hub in Asia for Realizing a Sustainable Society,” is making effective use of the newly established “Special Zones for Financial and Asset Management Businesses” to promote initiatives that will position Tokyo as the leading city for sustainable finance, and as the city where global startups are born.
The Tokyo Financial Award 2024 recognizes initiatives that contribute to the creation of innovation in the financial sector, and that utilize the power of finance to achieve a sustainable society. We are inviting applicants for this award, as follows.
1.Outline
The Tokyo Financial Award 2024 comprises the two categories of “Financial Innovation” and “Sustainability.” Applications are accepted for a wide range of initiatives in Japan and overseas.
Financial Innovation Category
(Application deadline: Friday August 30, 2024)
This is a business plan contest that recognizes ideas making use of the latest financial technology to offer solutions for the societal issues facing Tokyo residents and society at large. Applications will be judged from the perspective of the innovativeness of the idea, social impact, and feasibility.
Businesses that pass the preliminary screening (written proposal) will be provided with mentoring and additional support to refine their plan (about 15 applicants). Cash prizes will be awarded to the top three applicants in the final screening (presentation). (1st place: 10 million yen; 2nd place: 5 million yen; 3rd place: 3 million yen)
Sustainability Category (Former ESG Investment Category)
(Application deadline: Monday September 30, 2024)
This award is presented for initiatives that contribute to the spread of sustainable finance on both the investment side and the business side. Applications will be judged from the perspective of originality and social impact.
Awards will be presented to the top three applicants following a preliminary screening (written proposal) and final screening (presentation). A separate “Green Finance Governor’s Special Award” will be presented for particularly outstanding initiatives in the area of green finance.
Application Categories
Investment Subcategory (Former ESG Investment Subcategory)
Investment activities that contribute to the realization of a sustainable society
Business Subcategory (Former SDGs Subcategory)
Initiatives that leverage sustainable finance to help achieve a sustainable society
1 Business themes open for application
(1) Financial Innovation Category
*Underlined items indicate themes newly open for application this fiscal year.
Category | Business themes |
---|---|
Themes shared across all financial services |
|
Deposits/withdrawals |
|
Payments/remittance |
|
Asset management |
|
Insurance |
|
Financing |
|
DX/infrastructure
|
|
(2) Sustainability Category
a. Investment Subcategory
Category | Business themes |
---|---|
Proliferation and promotion of sustainable finance |
|
Environment |
|
Social |
|
Governance |
|
b. Business Subcategory
*Sustainability linked loans, sustainability funds or other similar methods of fundraising |
2.Schedule (tentative)
3.Screening Committee
(Members decided as of the date of this document)
Financial Innovation Category | Sustainability Category | |
Screening Committee Chair | YAMAOKA Hiromi Board Director, Chief Sustainability Officer, Future Corporation |
|
Screening committee members | OE Kayo President and CEO, Office Libertas |
|
UCHIYAMA Tomonori |
KATO Yasuyuki |
|
MASUJIMA Masakazu |
NEMOTO Naoko |
Note: Information on the Screening Committee members will be updated on the Tokyo Financial Award 2024 website.
4.How to Apply
Apply through the Tokyo Financial Award website, selecting the desired category.
Website
Reference: Tokyo Financial Award 2023 Award Winners
Financial Innovation Category
Rank | Company |
Service Overview and Goal |
---|---|---|
1st Place |
Toggle G.K. |
|
2nd Place |
Credit Engine, Inc. |
|
3rd Place |
Inovat Ltd. |
|
ESG Investment Category
Company Name |
Service Overview |
---|---|
The Governor’s Special Prize for Green Finance Kayrros SAS |
|
ANRI, Inc. |
|
Nature Innovation Group, Inc. |
|
TBM Co., Ltd. |
|
※Please click here for the original Japanese release.
For Inquiries(Assistance in Japanese only)
Strategic Projects Section, Strategy Promotion Division,
Office for Startup and Global Financial City Strategy
03-5320-6274
S1130103(at)section.metro.tokyo.jp
※ The above e-mail address has been arranged as an anti-spam measure. Please replace (at) with @.
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