Japan's Genius Grants Try to Jumpstart Entrepreneurship
from the gotta-start-somewhere dept
Japan is planning on giving about a million dollars to 20 individuals each year for the next five years as a genius grant. The plan is basically an attempt to have more entrepreneurship in Japan. Japan has long been criticized for not fostering as strong an entrepreneurial culture, and much of the blame seems to fall on the government. Thus, it is interesting that the government is now stepping in to help try to fix the situation.