Kitanihon Bank announced on August 8 that it will launch a program that offers comprehensive support for the creation of new businesses in the region.

In collaboration with  leading accounting firm KPMG Japan, the program aims to create businesses in a relatively short period of nine months. The objective of the program is to solve local issues through open innovation and to develop start-up human resources.

Four companies were selected from among the small and medium-sized companies in Iwate Prefecture that applied for this program.

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