The Ministry of Finance and MEXT have agreed to install a Co-creation platform development Co. with venture capital to start new ventures in the fields of life sciences, new materials, robotics etc. involving the following governmental budgets: University of Tokyo: 41,7 bill Yen; Kyoto University: 29,2 bill. Yen; Osaka University: 16,6 bill. Yen; Tohoku University: 12,5 bill. Yen.
Nikkei Biotech news release, Nov. 5, 2015