Ryo Umezawa Director, J-Seed Ventures Inc. Director / Investor, AllCoupon Japan Incubation in Japan...

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Ryo Umezawa Director, J-Seed Ventures Inc. Director / Investor, AllCoupon Japan Incubation in Japan 2011 APEC Business Incubation Forum © 2011 Ryo Umezawa - Confidential - All Rights Reserved.

Transcript of Ryo Umezawa Director, J-Seed Ventures Inc. Director / Investor, AllCoupon Japan Incubation in Japan...

Ryo Umezawa

Director, J-Seed Ventures Inc.

Director / Investor, AllCoupon Japan

Incubation in Japan

2011 APEC Business Incubation Forum

© 2011 Ryo Umezawa - Confidential - All Rights Reserved.

© 2011 Ryo Umezawa - Confidential - All Rights Reserved.

© 2011 Ryo Umezawa - Confidential - All Rights Reserved.

Entrepreneur

Business Development

Market Entry

Cross Border Alliance

Startups

5 Years

© 2011 Ryo Umezawa - Confidential - All Rights Reserved.

J-Seed Ventures Inc.Venture incubator

Founded in 2000

Self-funded

8 portfolio companies currently

© 2011 Ryo Umezawa - Confidential - All Rights Reserved.

We start businesses that

address real market needs

with innovative business

models and

technologies.

© 2011 Ryo Umezawa - Confidential - All Rights Reserved.

ventures

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© 2011 Ryo Umezawa - Confidential - All Rights Reserved.

High Personal Risk

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Venture Support Infrastructure

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© 2011 Ryo Umezawa - Confidential - All Rights Reserved.

The challenge

•Japan has the third largest economy in the world.

•But the population is shrinking and rapidly aging.

•And the younger generation is under-employed.

Source: The Economist

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The solution

“Between 1980 and 2005, virtually all net new jobs created in the U.S. were created by firms that were 5 years old or less.”

“That is about 40 million jobs. That means the established firms created no new net jobs during that period.”

Kauffman Foundation, April 2010 (NY Times)

Entrepreneurs are the source of new growth

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However…

•Japan generates only $3 billion a year in venture funding for about 3,000 investment deals.

•US start-ups receive $30 billion a year in venture funding for about 4,000 investments.

VC investments

US: $29.4B, Japan: $2.8B

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The reason

Low tolerance for failure

Low social status

Limited capital

Narrow social networks

Weak support infrastructure

Over-regulation

Smart people are discouraged from becoming entrepreneurs in Japan

© 2011 Ryo Umezawa - Confidential - All Rights Reserved.

Who are we?• We are experienced entrepreneurs.• We have spent our careers building new

businesses.

Arne KochEntrepreneur

Rebate Networks Gmbh

Ryo UmezawaEntrepreneur

Pido Inc.Mobikyo KKAllCoupon Japan

Jeffrey CharEntrepreneur

Pario Software, Inc.Solis CorporationSozon Inc.

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Our partners & networks

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Why we are doing OIC• We believe Japan

needs more entrepreneurs and the businesses they build.

• We believe Japan can lead the world in successful entrepreneurs and ventures.

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Our mission• To make starting a

venture one of the standard alternatives that smart and ambitious people consider.

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What OIC does• OIC will educate and support entrepreneurs in

Japan.

Facilities

Education

GovernmentCreative

Environment

Capital

Network

Mentorship

© 2011 Ryo Umezawa - Confidential - All Rights Reserved.

OIC fills in the gap

321-1Year

    Facilities

    Mentorship

    Network

    Capital

    Needs

   

   Gov't funds

  VC funds

   Banks

   Corporates

    Supporters

321-1Year

Angels

OIC

tar

get ar

ea

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OIC OverviewOIC Open Incubation Center

Services Education, mentorship, access to capital, networking, back office support, introductions

Facility Central Tokyo facility; open design; meeting and desk space for 40 companies; 24x7 access; convenient to public transportation, restaurants and shops

Target companies

Early-stage Japanese ventures; overseas ventures entering Japan; ventures with innovative technologies and business models; preference for ventures targeting the world’s most urgent social and environmental needs

Status Not-for-profit entity

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OIC - the key differences

An incubator run by entrepreneurs for entrepreneurs Complete understanding of how to help entrepreneurs succeed

Clear mission – to create long-term growth for Japan by educating and supporting entrepreneurs

No hidden agenda

Completely independent In a position to provide best impartial support to entrepreneurs

Designed to be a sustainable, but not-for-profit organization Fostering entrepreneurship is our #1 priority

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OIC - the key differences

Run by entrepreneurs

Run for entrepreneurs

Open environment

Open network

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Successful US incubators

Social lending Publishing softwarePayment solutions

Wireless chips LEDs Wireless devices

Email software Data mgmt Location services

Silicon Valley, CA

Boston, MA

Silicon Valley, CA

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case study : 500 startups

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Entering Japan

19

Conclusion

Entrepreneurs are vital for the future long term growth of Japan

Entrepreneurs are under represented in Japan

OIC will educate and support entrepreneurs

Co-incubation network help growth internationally

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Ryo Umezawa

[email protected]

ryoumezawa (E)

umemac (J)

www.ryoumezawa.com

© 2011 Ryo Umezawa - Confidential - All Rights Reserved.