Kyoto University Innovation Capital Corporation ("Kyoto iCAP") (Head Office: Sakyo-ku, Kyoto; Representative Director: Kusumi Kung) has signed a Memorandum of Understanding (MOU) with the National Development Council (NDC) of Taiwan. (Head Office: Kyoto, Japan; President: Kusumi Kou) has signed a Memorandum of Understanding (MOU) with the National Development Council (NDC) of Taiwan.

　With the conclusion of this MOU, Kyoto iCAP and NDC will begin to explore a scheme whereby the National Development Fund (NDF), an NDC affiliate, will invest in a new venture investment fund to be established by Kyoto iCAP in the future.

　In addition to NDF, we expect to solicit investments from Kyoto University and private companies for this venture investment fund. The main investment targets are venture companies that utilize Kyoto University's research results, with an eye toward supporting venture companies that originate from national universities and national research institutes other than Kyoto University.

Kyoto University Innovation Capital Corporation (Kyoto) iCAPAbout
　As a wholly-owned subsidiary of Kyoto University, Kyoto iCAP invests in and provides other business support to companies that utilize research results generated at Kyoto University and other national universities. The firm currently manages the Innovation Kyoto 2016 Investment Limited Partnership ("KYOTO-iCAP No. 1 Fund") (established in January 2016) with a total value of ¥16 billion and the KYOTO-iCAP No. 2 Fund (established in January 2021) with a total value of ¥18.1 billion. The KYOTO-iCAP 1 Fund has a maturity of up to 20 years, and the KYOTO-iCAP 2 Fund has a maturity of up to 17 years, enabling long-term support for the practical application of research results from Kyoto University, which has strengths in basic research. The KYOTO-iCAP 2 Fund has a maximum maturity of 17 years. In addition, a portion of the KYOTO-iCAP No. 2 Fund will be invested in national university-launched ventures outside of Kyoto University.

Contact information for inquiries
Kyoto University Innovation Capital Co., Ltd.
36-1, Yoshida Honmachi, Sakyo-ku, Kyoto 606-8317, Japan
Osami Kono, Senior Officer, Business Development Department
E-mail: info@kyoto-icap.co.jp
TEL: 075-753-7588