The Bosai-Tech Open Innovation Challenge looks for startups in emerging technology »Dallas Innovates

Four leading Japanese companies – Tokyo Marine, Dai-ichi Life, NTT DoCoMo and Mitsui Knowledge Industry – are looking to form trade alliances that can drive the emerging technology.

With the Bosai-Tech Open Innovation Challenge, companies hope to be introduced to foreign companies in IT, IoT, artificial intelligence, financial technology, sensors, satellites, healthcare, drones, and robotics. Named bōsai, the Japanese word for disaster preparedness, the program aims to discover technology that can mitigate the effects of a disaster.

The Bosai-Tech Open Innovation Challenge, led by Sendai City and Fukushima Prefecture, came to fruition after the Great East Japan Earthquake. Sendai City, the political and economic center of Tohoku, and Fukushima Prefecture, a prefecture located in Tohoku, want to find innovative solutions that can support disaster recovery.

Nine technology companies from around the world will be selected as winners. The benefits, according to the organizers, include: the opportunity to partner with Japanese companies and high-tech companies, the opportunity to visit Sendai and Fukushima, support for JETRO to expand business in Japan, and to promote the Japanese market.

Keith O. Sanders, assistant director of business development at JETRO Houston, encourages startups in North Texas to apply. JETRO is a trade and investment promotion organization funded by the Japanese government.

Startups and companies wishing to obtain more information can contact JETRO. Sanders also says you can contact him for more information on the initiative.

Sanders defined what each company was looking for with this challenge.

Japanese life insurance company Dai-ichi Life wants to help maintain quality of life in the event of a disaster by helping citizens become more resilient, providing mental health resources, and monitoring and supporting the elderly.

Mitsui Knowledge Industry hopes to conduct a real-time analysis of building damage caused by earthquakes. An IT services company aims to expand its infrastructure capabilities and add new functions that can provide a one-stop solution for disaster prevention.

NTT DOCOMO, a mobile operator, intends to provide citizens with vital information and advice before a disaster strikes. You will do so with 5G solutions and social implementation.

Insurance subsidiary Tokyo Marine Nishido will anticipate and prepare for a disaster. Its goals are twofold: collecting satellite data, analyzing impact, assessing and mitigating risks.

The challenge is divided into two parts: the Open Innovation Pitch Event, in which solutions for Japanese companies are presented via video and online discussions, and the Business Matching Event, which allows companies to present their concept via video to Japanese high-tech companies.

To find out more, there are three briefings on November 26, November 30, and December 3. The deadline for applications is December 16, with the program starting in January or February of 2021. Go here for more information.

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