Announcing the Start of the "KDDI Mugen Labo Partnership Program" and the Establishment of the KDDI Open Innovation Fund II

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1. Partnership Program

(1) Overview

The "Partnership Program" is a concept the aim of which is, in addition to the assistance in service development, management support, etc., that has been provided by "KDDI Mugen Labo", to bring together the assets and knowhow of 13 companies from a variety of industries that support the message of "KDDI Mugen Labo", greatly expand the scope of the support offered to start-ups participating in the program, and create new services through integration of the start-up and the established company.
Of the 13 supporting companies, 5 will be mentor companies and 8 will be support companies. The mentor companies will together with KDDI act as mentors to the program teams and will provide the start-up companies with powerful back-up, while the support companies will provide broad support for all the teams through regular weekly events and meetings.

(2) Supporting companies *In random order

Mentor companiesExamples of support
KOKUYO Co., Ltd. Provision of know-how in craftsmanship/spatial planning relating to the intellectual activities of people when they work/learn
Seven & i Holdings Co., Ltd. Support in linking to various distribution channels, from convenience stores to department stores
TV Asahi Corporation Support putting into practical application the knowhow accumulated in the broadcasting industry and related business
PLUS CORPORATION Support in business development/expansion reaching government and municipal offices/small and medium-sized enterprises/schools/care facilities via a nationwide operating/distribution network.
MITSUI & CO., LTD. Provision of know-how in new business development across a variety of industries.
Support companies
Kinki Nippon Tourist Co., Ltd., Softfront, Dai Nippon Printing Co., Ltd., TOKYU CORPORATION, TOPPAN PRINTING CO., LTD., PARCO CO., LTD, BANDAI NAMCO Games Inc., Mitsui Fudosan Co., Ltd.

<Image diagram of program concept>

<Image diagram of program support system concept>

2. KDDI Open Innovation Fund II

<Overview of KDDI Open Innovation Fund II>

Name KDDI Open Innovation Fund II
Period of fund 10 years to May 2024 (estimate)
Investment target Start-up companies in Japan and overseas
Total investment ¥5 billion (estimate)
Managed by Global Brain Corporation

<Overview of Global Brain Corporation>

Date established January 14, 1998
Location 9F Nisshin Aoyama Bldg, 3-2-4 Kita Aoyama, Minato-ku, Tokyo 107-0061
Representative Yasuhiko Yurimoto (President and CEO)
Business activities Venture capital business

<Reference>

Support will be provided via "KDDI Mugen Labo" or "KDDI Open Innovation Fund" depending on the stage of growth of the start-up company.

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