Name Program description Aid ratios Amount limits Promotion of Work Sites for LED-Related industry Projects Costs required by projects to create new factories for LED-related industries. When there are ten or more new employees from the local area. 5% of the value of devoted fixed assets When there are twenty or more new employees from the local area and fixed assets are valued between two and three billion yen. 10% of the value of devoted fixed assets When there are fifty or more new employees from the local area and fixed assets are valued at greater than three billion yen. 20% of the value of devoted fixed assets 500 million yen 1billion yen 1 billion 500 million yen Promotion of Work Sites for Medicine-Related industry Projects Costs required by projects to create new,or expansion of factories for health / medical industries. When there are ten or more new employees from the local area. 5% of the value of devoted fixed assets When there are twenty or more new employees from the local area and fixed assets are valued between two and three billion yen. 10% of the value of devoted fixed assets When there are fifty or more new employees from the local area and fixed assets are valued at over three billion yen. 15% of the value of devoted fixed assets 500 million yen 1billion yen 1 billion yen Promotion of Work Sites for Regional Brand Promotion Projects Costs required by projects to create new, or expand current factories responsible for food, mechanical or metal industries known to represent Tokushima Prefecture. When there are between ten and twenty new employees from the local area. 5% of the value of devoted fixed assets When there are twenty or more new employees from the local area and fixed assets are valued at greater than two billion yen. 10% of the value of devoted fixed assets 500 million yen 1 billion yen Promotion of Work Sites for Farming Co-op Promotion Businesses Costs required by projects to create new,or expand current factories responsible for improving the effectiveness or production ability of farming in Tokushima Prefecture. When there are between ten and twenty new employees from the local area. 5% of the value of devoted fixed assets When there are twenty over twenty new employees from the local area 10% of the value of devoted fixed assets 500 million yen 500 million yen Location promotion program for research institutions Subsidies may be granted when an enterprise establishes a research institution and / or a development / research department. 20% of the invested fixed asset amount 1 billion yen Note that even when a subsidy is requested for the combination of both promotion programs for new factories and employment promotion programs, the total subsidy amount is limited to a maximum of 1 billion yen. Promotion of factory locations which co-exist with the environment Subsidies may be granted for factories established within Tokushima Prefecture that are designed to contribute to the district with steady growth. 3% of the invested fixed asset amount However, if the factory is constructed in an under-populated district, 10% of the invested fixed asset amount. 100 million yen However, the following amounts will be granted in under-populated districts depending on the number of locally hired new employees. Between 5 and 9 people > 5 million yen Between 10 and 29 people > 7 million yen 30 people or more > 10 million yen Programs promoting industrialization through the establishment of venture companies Subsidies may be granted when a venture company establishes a factory (office) that meets certain conditions within Tokushima Prefecture. 20% of the expenses related to the subsidy The following amounts depending on the number of locally hired employees (half the amount is granted if requested for facility expansion): Between 3 and 9 people > 8 million yen Between 10 and 29 people > 14 million yen 30 people or more > 20 million yen Programs promoting the establishment of new factories, etc. Subsidies may be granted when an enterprise establishes a facility that may apply for subsidies (a pollution-control, environmental, open, or invitational facility) at a new factory site between the day the site is designated and the commencement of operations. 50% of incurred expenses for establishing the concerned facilities 50 million yen per project However, if multiple projects are conducted simultaneously, the granted subsidy amount is limited to 100 million yen per factory. Promotion program for moving head office Subsidies may be granted when the head office move to tokushima prefecture from outside of the prefecture. 20% of incurred expenses for moving the head office. 100 million yen Employment promotion programs Subsidies may be granted in accordance with the fixed asset income of an enterprise when new employees are hired locally. 400,000 yen for every new locally hired employee 60 million yen