Startupbootcamp

Osaka in a post COVID-19 world, the opportunities and benefits – Guest Post by IBPC Osaka

Posted: 06 Jul 2021 01:30 AM PDT

Our blog post today is a guest post from IBPC Osaka.

Osaka, where tradition and innovation coexist and mutually reinforce one another, is the second-largest metropolis in Japan. Osaka is also renowned for its business opportunities and has numerous successful entrepreneurs and companies that originated in the region. This strength remains intact even in the time of COVID-19. To introduce Osaka and its possibilities to you, we have categorized Osaka's strengths into the following factors: location, price, opportunities, support, and future, with consideration to the current pandemic state and the post COVID-19 era.

Location – Osaka is central and very well connected

First of all, Osaka has a big geo-economical advantage. The city offers excellent domestic and international access via air (Kansai International Airport), land (High-speed railway system), and sea (Osaka Port), enabling businesses to extend their reach domestically and internationally relatively easily. The city's location contributes to good logistics, making Osaka a great place for traders. Many import-export businesses have located their headquarters here due to the high traffic from air, land, and sea transport.

Osaka also attracts businesses and students from all over the world, making the city even more international. Meeting and employing talented, international-minded, experienced people can be ensured here.

Although international access has been largely restricted due to the pandemic, Osaka has been agile and flexible in counter-pandemic policies. By virtue of this, economic damage has been minimized, and we have accumulated enough momentum to regrow once COVID-19 is over.

Price – A lower cost alternative to Tokyo

Secondly, Osaka offers competitive prices even in the midst of an outbreak. You can rent properties with the same (or even better) conditions at less than half the price of Tokyo, or hire people for 20% less than in Tokyo. In general, most living and business expenses are lower in Osaka. Given its market size, location, and dynamism, Osaka is a city with an excellent cost-performance ratio. Businesses can reduce accommodation costs significantly, and as there are many educational institutions here, businesses can hire highly educated personnel for relatively reasonable labor costs compared to Tokyo.

Opportunities – Many possibilities for businesses

Osaka also offers many diverse business opportunities. Our city is gradually transforming into a Smart City in terms of systems, infrastructure, and the way people think. Rejuvenating the old while installing the new, companies can enjoy tremendous opportunities here. To accelerate innovation Osaka Innovation Hub connects industries, academia, and municipalities organically, and provides entrepreneurs and startups with an invaluable network of Osaka-based companies, academic institutes, and investors.

The private sector has also made a huge effort in innovating Osaka. Startupbootcamp Scale Osaka, is one of the most interesting accelerators in Osaka, connecting foreign startups to Osaka-based companies that will eventually become consumers, supporters, investors, or business partners. Participants of their program can be sure of exceptional training, mentoring, and networking, assisting with a smooth kickstart in Osaka.

Some medical companies, universities and startups are now collaborating with each other to develop vaccines, medicines, and treatments for COVID-19. This type of cooperation without boundaries is a beauty Osaka can boast of.

Support – With you every step of the way

We will never let you walk alone. Osaka has many supporting entities for foreign businesses and residents, some publicly operated, some privately. These entities are working together to satisfy the business and private needs of foreign companies.

Together with Startupbootcamp Scale Osaka, IBPC Osaka is helping foreign companies to advance into Osaka, by providing companies consultation, rent offices, and business matchings with Osaka-based companies for free. We also assist companies in legal procedures, banking accounts, recruitment, and anything else related to Japanese business. You can count on our services. Our ultimate goal is to ensure incoming companies' early stabilization in all aspects.

Surprisingly, we have more inquiries and support provided under the current situation. We have found out that our introductory support has been perfectly fit to the online market entry to Japan, which does not compromise anything.

Future – It’s full of possibilities

We believe that a bright future is awaiting you here regardless of COVID-19.
Osaka has embarked on many undertakings for the future and the Smart City transition will culminate with the completion of "Umekita Development #2" in 2024. This high-tech, green space will lead to innovation, as multiple innovation hubs specializing in "life design innovation" will be constructed here, and at the same time, it will also contribute to an eco-friendly infrastructure for the city. Osaka Expo 2025 is expected to reinforce this development even more. We hope this event will boost the economy as well as bring awareness for smart city-related issues.

Actually, this pandemic provided us with an opportunity to reconsider our way of life and business. Over the course of adjustment to the pandemic, many things have been streamlined and restructured into better ways. Once this is over, with momentum fully charged, we are sure that an economic explosion will come.

Taking all this into consideration, we believe that Osaka can provide you with many uncharted opportunities. Osaka has many business advantages such as its location, price, opportunities, support, and future. Although rather kaleidoscopic and chaotic, the city is idiosyncratic and unique. You will not find a city like this anywhere, and we promise you that the city will never make you bored. Please feel free to join us here, we are looking forward to meeting you.

A huge thank you to IBPC Osaka for our guest post today. You can learn more about them here.

If you have any questions, please do not hesitate to contact SBC Scale Osaka.

Learn more and sign up to our program now:

The post Osaka in a post COVID-19 world, the opportunities and benefits – Guest Post by IBPC Osaka appeared first on Startupbootcamp.

Food And Recipe Fusion

Friday, July 30, 2021