We work to strengthen the Mitsui Fudosan Group's existing businesses and develop new businesses through activities centered on 31VENTURES, which aims to co-create with start-up companies through the three solutions of corporate venture capital (CVC), workspaces, and community, and BASE Q, which supports new business development by large companies.
We are creating an open innovation ecosystem by providing a total of 43.5 billion yen in start-up capital and supporting new business development by large companies. We aim to establish an open innovation platform that meets the needs of both start-ups and large companies.
31VENTURES engages in co-creation with start-up companies with the aim of strengthening the Mitsui Fudosan Group's existing businesses and developing new businesses. It leverages the Group's assets to generate co-creation, approaching projects from three perspectives-CVC to accelerate growth, workspaces to advance business development, and community to create opportunities for encountering new knowledge and develop synergies.
BASE Q was launched in TOKYO MIDTOWN HIBIYA in May 2018 as a platform to drive open innovation, where people gather to generate new value and solve social issues. It aims to revitalize business creation hubs and will contribute to the innovation of major Japanese corporations and to the rejuvenation of the Japanese economy through its Innovation Building Program.
31VENTURES can assist in procuring CVC funding to facilitate the rapid growth of venture businesses. It also raises funding through direct investment and external venture capital.
It is developing startup workspace THE E.A.S.T. which provides work spaces for start-up companies on the east side of Tokyo with a focus on Nihonbashi.
It is building communities that bring together diverse perspectives and attributes to support the creation of opportunities for encountering new knowledge and to develop synergies.
To the official 31VENTURES website
To the official website for startup workspace THE E.A.S.T. (operated by 31VENTURES)
BASE Q is an open innovation creation hub where people aiming to generate new value and address social issues can gather, including start-ups, NPOs, new business development personnel from major corporations, creators, and others. It provides spaces that cater to a variety of needs, such as the Q LOUNGE community space, the Q HALL event space with a capacity of up to 450 people, Q KITCHEN, and Q STUDIO.
For major corporations, intrapreneurs (inhouse personnel specializing in innovation) play an important role in creating innovation. The Innovation Building Program focuses on vision, diversity, and commitment as the essential traits of talented intrapreneurs, and provides content to help develop these traits.
To the official BASE Q website
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