Type	Corporate Location & Growth Promotion Subsidy (Tochigi Prefecture)	Industry Establishment Accumulation Promotion and Support Subsidy
Guidelines	For corporations looking to build new factories, etc. on newly-purchased land. For corporations looking to establish head offices and/or research & development facilities alongside already existent factories.	For supporting corporations already long-established within the prefecture looking to build new facilities or rebuild current facilities.
Target Areas	�@ Official government-recognized Industrial 　 Complexes. �A Areas within Tochigi that are conducive to industry - (limited to sites 9,000m2 or greater） �B Apart from the regions in �@ & �A above, eligible regions include all those over 10 ha. large. However, if a corporation is setting up their head office and/or research & development facilities, eligible regions will include anywhere within the Prefecture.	Target Area: Prefecture-wide Target Corporation: Corporations that meet the following requirements: �@ Operating in the prefecture for at least 20 years �A Employing at least 100 permanent employees（Small/Medium businesses: 20 employees） �B Total investment in facilities exceeding 700 million yen. （Small/Medium business: 300 million yen）
Eligible Industries	Manufacturing, Land Cargo Transport, Warehousing, Packing, Wholesale, Retail (for distribution facilities only), and the 16 business trades classified under the former “Intelligent Location Law” (※ see below). However, those instances pertaining to (B) in the above “Guidelines” are limited to the Manufacturing Industry and the 16 business trades of the former “Intelligent Location Law”.	Manufacturing、Research related to manufacturing
Subject of Assistance	Land, Buildings	Buildings
Financial Assistance	Land: Up to 3% of the corporation’s due Real Estate Acquisition Tax. Buildings: Up to 4% of the corporation’s due Real Estate Acquisition Tax. (In company start-ups, when five or more regular employees are employed in the aforementioned factories/workplaces, a subsidy of 500,000 yen will be provided for each newly employed full-time worker.)	Buildings: Up to 4% of the corporation’s due Real Estate Acquisition Tax. (In company start-ups, when five or more regular employees are employed in the aforementioned factories/workplaces, a subsidy of 500,000 yen will be provided for each newly employed full-time worker.)
Maximum Financial Assistance	Maximum Total Subsidies: 3 billion yen

　

Type	New Location Promotion Loan		“Grow-Up” Loan
		Special Circumstances
Loan Objective	For establishing new factories, etc., in zoned areas within the prefecture that have been defined under various laws and ordinances. (With the exception of a few special circumstances.)	Special favor is given to regional public organizations, their invested corporations and the national government for acquiring and establishing new facilities at industrial complexes within the Prefecture.	The “Grow-Up” Loan is intended for the 6 “growth fields” specified in Tochigi’s basic plan to promote the creation of new enterprise; large-scale investment in such companies will lead to a more progressive economy that encourages growth, one that has a visible effect on factors like job creation, etc.
Loan Limit	One billion yen.	Two billion yen.	500 million yen. ※Minimum loan = 50 million yen.
Loan Period	10 years (Payment deferred for 2 years.)	13 years (Payment deferred for 3 years.)	10 years (Payment deferred for 2 years.)
Interest Rate (Fixed）	Less than 2.5 % APR（This will differ if assured by the Credit Guarantee Corporation of Tochigi Prefecture）	Less than 1.9% APR（This will differ if assured by the Credit Guarantee Corporation of Tochigi Prefecture）	Less than 2.2% APR（This will differ if assured by the Credit Guarantee Corporation of Tochigi Prefecture）
Use of Funds	�@Funds used in the buying of land（Limited to lands used for operations within 3 years of purchase） �AFunds used in the building of factories, etc. �BFunds used in the buying of machines, etc（. Upgrades not eligible）		�@Funds used in the building of factories, etc. �AFunds used in the buying of machines, etc. (Upgrades not eligible）
Loan Financing& Repayment Methods	Methods of financing, loan repayment and other related details are left to the discretion of the managing financial institution and/or the Credit Guarantee Corporation.

Investment tax reductions, low-interest loans, and relaxation of industrial location regulations available