「RAPID GROWTH PROGRAM」for Startups has officially launched
JAFCO Group Co., Ltd. (Headquarters: Minato-ku, Tokyo, President: Shinichi Fuki, hereinafter “JAFCO”) and Bloom&Co. (Headquarters: Minato-ku, Tokyo, President and CEO: Yasuhiro Yano) will officially launch a growth program for start-ups, the “RAPID GROWTH PROGRAM.” Focusing on two main issues - “fundraising” required for start-up growth and “growth strategy” that maximizes the return of investment of funds - the program offers support aimed at accelerating growth and value creation.
Bloom&Co. maximizes clients’ sales and return on investment by creating and conveying their unique values in both theory and practice. JAFCO has partnered with Bloom&Co. to realize entrepreneurs’ aspirations and support formulation and execution of strategies that create new markets. The program develops and refines growth strategies by helping start-ups in the growth stage identify their core target and unique value proposition to maximize the return on investment of funds that they have raised.
Background behind the program
Amid the prolonged COVID-19 pandemic and dramatic societal changes, entrepreneurs are faced with a challenge to create new markets, while continuing to grow by adapting to changes in microenvironment and customer insights. To deliver timely and sufficient fundraising for business expansion, it is vital to create an equity story, in addition to an entrepreneur’s passion for the business, outlining customer insight-oriented business/ growth strategies based on “qualitative insights and quantitative data” that demonstrate the business potential.
JAFCO and Bloom&Co. will support the “formulation and execution of a customer insight-driven business strategy” to accelerate business growth. JAFCO - which has supported entrepreneurs in realizing their aspirations under its slogan “Your Closest Partner” since the time when there was no such expression as “start-up,” - and Bloom&Co. - which supports the formulation and execution of customer insight driven business strategies - will jointly work to further strengthen their support for realizing entrepreneurs’ aspirations. In launching this program, Orient Corporation, Daikin Industries, and Fujitsu (FUJITSU ACCELERATOR) have expressed their support to take part in the program. Together with these three companies, JAFCO and Bloom&Co. will provide comprehensive support covering everything from fundraising to strategy execution, and commit to supporting passionate and motivated entrepreneurs in the overall start-up sector.
1. Submit an entry to the RAPID GROWTH PROGRAM ※1
2. Companies that pass the selection will receive a mentoring session from Bloom&Co.※２
3. Companies completing the session will be able to work with JAFCO and participating CVCs/ business firms
Advantages of the program
Receive strategic advice on business expansion
Develop a finance strategy for business expansion (optional)
Cooperation with participating CVCs/ business firms (optional)
※1. A recommendation from JAFCO or either one of the participating CVCs/ business firms is required for submitting an entry.
※2. Selected start-up companies will not bear any expenses.
CVCs/ business firms participating in RGP (in alphabetical order)
Daikin Industries, Ltd.
Fujitsu Limited (FUJITSU ACCELERATOR)
About JAFCO Group Co., Ltd.
Since its founding in 1973, JAFCO Group has always worked with leading entrepreneurs. The total commitments of its investment funds in Japan and overseas exceed \1 trillion and the cumulative number of portfolio IPOs to date reached over 1,000. In addition to venture investment, JAFCO also carries out buyout investment and commits to the creation of innovative technologies and services worldwide. As entrepreneurs’ closest partner in bringing their visions to life, JAFCO provides support in areas of HR, marketing/ sales, and back- office operations, in addition to providing financing.