FAQs for Companies Considering JMEC
The Japan Market Expansion Competition (JMEC) is a unique concept, and companies that are considering undertaking a project often have many questions. Below is a list of the most common questions asked by potential project clients. For more information, please email info@jmec.gr.jp.
A comprehensive business plan covering a wide range of issues: strategy, marketing, sales, finance, human resources, legal etc. Most importantly, the business plans address YOUR needs in introducing or expanding your product or service in the Japanese market.
A lower-cost business plan. The cost to clients is a fraction of the cost required to prepare a business plan with the help of outside consultants.
A team of five to six mid-career, pre-trained professionals who work on your project and your project only, for a period of five months (January to May).
A fresh perspective to the client's business problems, unconstrained by in-house limitations and conventions. The teams have the freedom to think outside the box.
The experience of senior consultants, who review the business plans, and mentors who guide the teams.
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Each company must designate a company employee to act as contact (company liaison) for the team throughout the competition. The company liaison will be point of contact for the team throughout the competition.
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The company liaison represents the company's interests and concerns and must be able to respond to the team's questions in a timely manner via phone, email or in person, providing the team with the information necessary to prepare a successful business plan.
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The company liaison and/or company representatives must be available to conduct a project briefing to the JMEC team mentor by the 10th January and to the JMEC team during the second or third week of January.
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Project clients will receive their business plans by the
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The cost to be a JMEC project client is ¥1,500,000.
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The first installment of ¥700,000 is due upon acceptance into the program.
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The second installment of ¥800,000 is due by December 25th.
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Discounts are available to companies that apply and pay by September 30. The early bird discounted rate is ¥1,200,000.
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An overseas bank transfer fee will be added to each remittance from overseas.
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Fees are non-refundable.
If you have any additional questions, contact us at info@jmec.gr.jp.