2020 Q2 - encognize Activity Updates

thinking & Executing YOUR JaPan Market Entry Strategically

2020 Q2, The "lockdown Quarter"...
Under these unprecedented conditions of massive lockdown and travel ban across the globe, the encognize team has focused their Q2 effort on continuing pushing new innovation initiatives in Japan as well as bringing extra support to overseas startup contemplating entering the Japanese Market despite the challenging context.
These efforts were reflected through the following achievements and activities:

• June 10: an important milestones was achieved for AdviceRobo, an Alternative Credit Scoring solution from the Netherlands represented in Japan by our encognize X-tech Force, with the official announcement of a collaboration project with Orix Credit in Japan. The full Japanese Press Release is available here and the English version here.
• June 12: As a Service Partner of Plug And Play Japan, encognize has delivered remote workshops for newly selected batches in the US and Europe on Japan Market Entry and the related B2B opportunities and challenges. This program gives the opportunity to new comers to Japan to understand what to expect and how to prepare for developing fruitful collaboration relationships with Japanese corporations through  the PnP Japan program.
• June 30: a dedicated remote mentoring session was provided to a startup selected for the exploration program Next Step Japan, an initiative powered by German Accelerator and supported by the German Federal Ministry for Economic Affairs and Energy.
• May-June: the encognize proprietary framework "Japan B2B Collaboration Readiness Assessment" (J-B2B.CRA) was revised and released under version 3.1. Designed for B2B FinTech, RegTech, InsurTech and CyberSec startups entering Japan, this qualitative assessment framework evaluates their chances of success in developing a successful collaboration engagement with Japanese corporations over 5 key dimensions: Organization Credibility, Solution Usability, Governance Maturity, Market Entry Agility and Japan Fluency. If you want to know more or are interested in a free initial assessment (eligibility conditions apply), please contact us here.