Core Insights - Hamamatsu City, known as Japan's "Motorcycle Town," is actively supporting innovative startups to foster the growth of world-class companies [1][2][3] Group 1: Support for Startups - The city has implemented the "Hamamatsu Funding Support Project," which provides subsidies for research and equipment investments to selected startups [1] - Pi Photonics, a company specializing in holographic lighting, has received support from local government initiatives and is part of the "J-Startup" program, enhancing its prospects for listing [2] - As of October 2024, Hamamatsu has 84 startups across various sectors, including industrial robotics, digital agriculture, and innovative radiation sensing devices [3] Group 2: Policy Initiatives - Hamamatsu City has introduced a series of industrial policies to align with the trends of green and smart development, focusing on next-generation transportation, health and medical sectors, new agriculture, environment and energy, optics and electronics, digital technology, and robotics [2] - The city offers comprehensive support for entrepreneurs at various stages, including financial subsidies, tax guidance, market access, networking events, and assistance for foreign talent in obtaining residency [2] - A new platform, HamaHub, will be launched in August 2024 to facilitate collaboration between traditional businesses, local government, and startups nationwide, with successful projects eligible for government subsidies [2]

Group 1 - The South Korean Ministry of SMEs and Startups has selected eight agencies, including the Korea Agricultural Technology Promotion Agency, for the "2025 Global Acceleration Support Project" to help strong startups expand into overseas markets, with an expectation to select 140 startups for participation [1] - The Korea Agricultural Technology Promotion Agency will support food and green biotechnology startups entering the Singapore market, while the Korea Land and Geospatial Informatix Corporation will assist startups in the land and transportation sector to enter Germany and Finland [1] - The South Korean government has implemented various measures to support startup development, including a plan to establish a "Korea Startup Fund" with a scale of 20 trillion KRW (approximately 14.3 billion USD) by the end of 2027, increasing the venture capital scale from 125 trillion KRW in 2022 to 142 trillion KRW by 2027 [1] Group 2 - The South Korean government’s support policies for startups encompass 19 areas, including pre-entrepreneurship, early-stage entrepreneurship, and international cooperation projects, with funding support of 63 billion KRW for approximately 960 pre-entrepreneurs in 2024 [2] - DAIM Research, established in 2020, has seen its revenue grow nearly threefold over the past three years, reaching 1.5 billion KRW last year, with government support playing a crucial role in its development and market recognition [2] - The Ministry of SMEs and Startups reported that 60% of small and medium-sized enterprises in South Korea are startups less than seven years old, indicating steady growth in both the number and sales of startups over the past three years [3]