Total invested fixed assets (total of land, housing and depreciable property) is 50M Yen or more
(0.3B Yen or more for large enterprises)

1. Establishment Subsidy

After the owner has started operation on the work office, an amount equivalent to the fixed asset tax will be paid for three business years starting in the first year in which fixed asset tax is applicable.

2. Employment Subsidy

If an operator newly employs an employee full time who is a resident of the city, and if they continue to work there for one year or more, 0.2 M Yen per employee will be paid.

For up to 200 employees (500 employees for large enterprises)

3. Land Ownership Subsidy

If the operator buys land in the industrial area of Ube Techno Park, in Ube New City, 80% of the land purchase cost will be refunded.

For Ube Airport Area Brain-Park, a flat rate of 10% if land of 2,000‡u or more is acquired

4. Subsidy for New Establishment of Employee Housing

If employee housing of 6 houses or more is built in the industrial land of the city in the period of 1 year prior to 3 years after the start of the operations of the work office, an amount equivalent to the fixed asset tax for the relevant properties will be paid for three business years.

:: Ube City Innovation Awards - Application from Nov. 1 (Thurs),2012-Mar. 29 (Fri),2013

We are seeking applications for projects from operators who are planning to carry out innovative projects in the city's industrial area, and which contribute to the local economy and the activities of citizens.
The award will be given to a project after an evaluation is carried out.