The EU Business Hub - Japan and the Republic of Korea

The EU Business Hub - Japan and the Republic of Korea aims to boost the presence and visibility of EU companies operating in the green, digital, and healthcare sectors where potential for increased cooperation between European and Japanese and European and Korean companies exists.

The programme aims to strengthen EU businesses' internationalisation, export and investment activities, as well as foster more resilient, sustainable, and technologically advanced value chains with the two Asian markets. Thus, significantly supporting the implementation of EU-RoK Free Trade Agreement (FTA) and the EU-Japan Economic Partnership Agreement (EPA).

The EU Business Hub will organise 10 business missions in Japan and 10 in the Republic of Korea over the next four years, each business mission allowing a group of approximately 50 innovative EU companies to benefit from extensive business coaching and B2B matchmaking.

Before the mission week, the selected companies receive systematic business coaching to prepare them for entering these markets. During the mission week, participants can meet several potential business partners at a two-day business exhibition, as well as take part in events designed to provide business opportunities and deepen their knowledge of the local market. 

Target sectors:

  • Green and Low-carbon Technologies
  • Digital Solutions
  • Healthcare and Medical Equipment

Target countries:

  • Japan and the Republic of Korea

Programme objectives:

  • Trade facilitation
    The EU Business Hub facilitates trade and business cooperation with the Republic of Korea and Japan in alignment with the objectives and opportunities under the recent Green and Digital partnerships in the framework of the EU-RoK Free Trade Agreement and the EU-Japan Economic Partnership Agreement.
  • SME Support
    The programme provides tailored assistance to approximately 50 selected EU companies per Business Mission.
  • Enhanced market insights
    The EU Business Hub empowers selected EU companies by equipping them with in-depth knowledge of local business culture, market regulations and practices, and industrial briefs to increase their competitiveness in these dynamic Asian markets.
  • Promotion of the EU brand
    The programme promotes the visibility and presence of European businesses and the EU brand and standards in the Republic of Korea and in Japan.

Selected companies will benefit from personalised coaching to prepare you for the business mission. The EU Business Hub supports participants to refine their business strategies and identify local potential partners. Through a pre-departure briefing EU companies receive market information and insights into their industry sector in Japan and the Republic of Korea.

During the business mission, you will gain insights into your business sector from the local markets’ perspective. A dedicated exhibition space is foreseen for your company to showcase products and technologies. In addition, facilities to hold pre-arranged meetings with local companies will be provided. The business week also includes two networking events.

Financial Support
The EU Business Hub offers you a cost-effective way to explore the Japanese and Korean markets. Participating companies benefit from shared resources and collective activities specifically designed for each Business Mission. Additionally, the programme will co-finance 80% of accommodation costs with a maximum EU contribution of EUR 1000 per company (4-night stay, one room per company). Likewise, the programme will co-finance 80% of your (optional) customised services with a maximum EU contribution of EUR 1000 per company.

The Estonian Chamber of Commerce and Industry is the project’s contact point in Estonia. The programme is implemented by Deloitte in cooperation with Eurochambers. The program is financed by the European Union.

Programme homepage: https://eubusinesshub.eu
Additional information: Merit Fimberg-Espuch, merit@koda.ee, +372 56636656

 

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