Outline of the Fourth “JEITA Venture Awards”
1. Objectives
Amidst the significant changes in industrial and social structures due to the advancement of technologies such as IoT (Internet of Things), big data and Artificial Intelligence (AI), Japan Electronics and Information Technology Industries Association (JEITA) is, ahead of the rest of the world, working on the creation of new businesses beyond the conventional framework of industries or fields with an aim to further develop the IT and electronics industry in cooperation with companies of different industries, venture companies and overseas companies for the realization of Society 5.0 through Connected Industries aimed at the creation of new values through advanced utilization of information. “JEITA Venture Awards” is held as one of such JEITA’s initiatives with an aim to support venture companies that are key to the social implementation of CPS/IoT and to co-create new partnerships and realize cooperation between JEITA Members and start-ups (excellent venture companies).
The FY2018 Fourth “JEITA Venture Awards” is held to judge, select and award venture companies that may contribute to the overall development of the electronics and information technology industry and economic development based on three viewpoints (growth potential and leadership, influence and social impact) from among the venture companies that are expected to contribute to the development of the electronics and information technology industry.
2. Candidates
Venture companies which have been founded within the past 15 years and contribute to the electronics and information technology industry are eligible as candidates. If any recommendation is made or application is filed: not only for domestic venture companies but also for overseas venture companies invested in by Japanese companies, venture companies managed by persons with Japanese nationality or overseas venture companies considering entry into the Japanese market, and the relevant venture company is regarded as being suitable for the award, such company will also be examined and judged.
3. Fields Eligible for the Award
Venture companies operating in the following fields in relation to electronics and information technology will be awarded.
(1) Manufacturing, (2) Social infrastructure (excluding mobility), (3) Medical and healthcare,
(4) Smart House, (5) Mobility, (6) Energy, (7) Agriculture,
(8) Logistics and distribution, (9) Industrial Safety, (10) Educational service,
(11) Finance, (12) Cyber security, (13) AI and information technology, (14) Other
4. Application Period
From December 10, 2018 (Mon) to February 1, 2019 (Fri) noon (JST GMT+9 firm deadline)
5. Sponsor
Japan Electronics and Information Technology Industries Association (JEITA)
6. Awarding Ceremony
Date: March 26, 2019 (Tue) * From 9:30 to 10:30 (* planned)
Venue: Japan Electronics and Information Technology Industries Association
Award product: Winners will be presented a certificate of commendation and commemorative gift
<Reference: Past Awards>
| FY2017 |
In the Third “JEITA Venture Awards,” JEITA received many applications with respect to companies belonging to one of the 14 fields and awarded the 6 short-listed initiatives. |
| FY2016 |
In the Second “JEITA Venture Awards,” JEITA received many applications with respect to companies belonging to one of the 14 fields and awarded the 7 short-listed initiatives. |
| FY2015 |
In the First “JEITA Venture Awards,” JEITA received many applications with respect to companies belonging to one of the 12 fields and awarded the 8 short-listed initiatives. |
◇ For the details of “JEITA Venture Awards,” see JEITA’s website (the following URL).
JEITA Venture Awards Application Guidelines
1. Candidates
- (1) Venture companies (*) which have been founded within the past 15 years and contribute to the electronics and information technology industry are eligible as candidates. If any recommendation is made or application is filed: not only for domestic venture companies but also for overseas venture companies invested in by Japanese companies, venture companies managed by persons with Japanese nationality or overseas venture companies considering entry into the Japanese market, and the relevant venture company is regarded as being suitable for the award, such company will also be examined and judged.
* Sole proprietors or corporations that fall under any of the following
| Manufacturing and others: |
Capitalized at less than 300 million yen or having less than 300 regularly employed workers |
| Wholesale: |
Capitalized at less than 100 million yen or having less than 100 regularly employed workers |
| Service: |
Capitalized at less than 50 million yen or having less than 100 regularly employed workers |
| Retail: |
Capitalized at less than 50 million yen or having less than 50 regularly employed workers |
- (2) Recommendations shall be filed from the public. Qualifications of recommenders will not be limited but self-recommendations are not allowed.
2. Application Method
3. Selection
- (1) Judgment and selection
The judging committee consisting of academic experts, etc. will select the winner(s) by evaluating the letter of recommendation in a comprehensive manner from the following three viewpoints: (a) growth potential and leadership; (b) influence; and (c) social impact.
| Evaluation viewpoint |
Evaluation item |
| (a) Growth potential and leadership |
The product or service has growth potential and leadership and is marketable with a clear target market. |
| (b) Influence |
The technology related to the product or service is found to have a major influence such that it is used by various companies, etc. through standardization and social implementation. |
| (c) Social Impact |
The product or service is found to contribute to the solution of social challenges in Japan. |
- (i) Candidates will basically be judged based on documents, but interviews with the recommender (or the contact person) may be conducted when necessary.
- (2) Notification of the selection result
Selected recommenders will be notified of the results after the final judgment (during the period from the end of February to the beginning of March) (The recommender is requested to notify the award winner of the result). Please note that recommenders who were not selected will not be notified of the results.
- (i) The progress and contents of the judgment will not be notified by any means.
- (ii) JEITA will not accept any inquiries concerning the details of the judgment or the name of the applicant company that was not selected or any oppositions against the judgment results.
4. Details of the Award
- (i) Winners will be introduced in a press release.
- (ii) Winners will be presented a certificate of commendation and commemorative gift.
- (iii) Winners may publish the outline of the company or other relevant information on JEITA’s website “Venture Awards introduction site.”
- (iv) If the winner wishes to do so, the membership fee for a JEITA regular member will be exempted for two years.
- (v) Winners will be provided with an exhibition space in the start-ups area at CEATEC JAPAN 2019 for free.
- (vi) In addition to the above, JEITA is considering holding a networking event with its member companies.
5. Other reminders
- (1) Rescission of the award, etc.
Please note that the recommendation may be invalidated or the award may be rescinded if any of the following cases apply.
- •When there were any acts that may conflict with the objective of the award or any false statements.
- •When the winner is found unsuitable for the award based on social conventions such as violation of laws and regulations.
- (2) Handling of information, etc.
Personal data will be managed and administered based on the privacy policy stated in JEITA’s website (the following URL) in compliance with the relevant laws and regulations and guidelines concerning personal data.
- 【個人情報保護方針】https://www.jeita.or.jp/japanese/privacy/
- [Privacy policy] https://www.jeita.or.jp/japanese/privacy/ (Japanese only)
