17 June, Doha – INTILAQ, an innovative new project supported by Qatar Friendship Fund to nurture some of the world’s most promising future entrepreneurs, took a step closer to opening its doors to hundreds of thousands of aspiring business men and women, following a ground-breaking ceremony in Sendai City, in northeast Japan.
Some 118,865 entrepreneurs are expected to benefit from this new office space, and the expert guidance and training provided through the INTILAQ Innovators Hub over the next five years. In addition to entrepreneurs, promising school and college students, corporations, and manufacturers, will also have access to INTILAQ, allowing them to build the soft skills needed to succeed. This includes cultivating an innovative mind-set; conception, prototyping, and the development of ground-breaking new ideas.
INTILAQ will support and nurture entrepreneurs and intrapreneurs that will become a driving force in the regeneration of the Tohoku region. Its reach will extend around the world and will not only focus on entrepreneurs but anyone who challenges themselves and the world around them.
The ground-breaking ceremony was attended by 20 dignitaries and guests, including senior representatives from Qatar Friendship Fund, Chair and Co-founder of IMPACT Japan, Mr Kiyoshi Kurokawa, and Sendai City officials. During which, it was revealed that INTILAQ Headquarters remain on course for their opening in December, 2015.
The headquarters will be located in the east of Sendai City. Meanwhile, following a US$x million grant from Qatar Friendship Fund, IMPACT Japan will draw on its global network and community of entrepreneurs, to ensure INTILAQ fulfils its potential as a platform for promoting networking and mentoring with globally active entrepreneurs.
A new subway line that is under construction will link the hub and create connectivity when it is completed in October, 2015. This has helped the area emerge as a point in which people, things, information, and culture are combining to inspire the minds of residents and visitors, which will in turn create a space conducive for innovation.
As a US$100 million gift from Qatar to Japan in the immediate aftermath of the Great East Japan Earthquake in 2011, Qatar Friendship Fund is chaired by His Excellency Yousef Bilal, Qatar’s Ambassador to Japan. Qatar Friendship Fund funding was the first to reach Japan and has since been used to support recovery efforts in education, fisheries, healthcare, and entrepreneurial initiatives in Japan’s Tohoku region.