New Energy and Industrial Technology Development Organization (NEDO)

NEDO is a national research and development agency that promotes innovation by promoting the technological development necessary for a sustainable society. 

NEDO formulates technology strategies and project plans and establishes project implementation frameworks as part of its project management by combining the capabilities of industry, academia, and Government. NEDO also promotes technology development by carrying out, evaluating, and allocating funding to promising projects to accelerate the practical application of project results. Actively undertakes the development of new energy and energy conservation technologies and conducts research to verify technical results.

NEDO is implementing eight funding projects, including the Japan Green Innovation Fund. Under the latter, NEDO will create a fund and grant subsidies to certified businesses certified under the Act (hereinafter referred to as “certified enterprises”) and grant interest subsidies to financial institutions that provide loans to certified enterprises.