In NEDO's R & D-type venture commercialization subsidy project
"Joint company Euglena SMBC Nikko Leave a Nest Capital" has been selected as a certified VC
-Up to 70 million yen will be subsidized by NEDO for R & D-type venture companies in which we invest.

Euglena Investment Co., Ltd.
SMBC Nikko Securities Co., Ltd.
Leave a Nest Co., Ltd.

　Euglena Investment Co., Ltd. (Headquarters: Minato-ku, Tokyo, Representative: Akihiko Nagata), SMBC Nikko Securities Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo, President: Tetsuya Kubo) and Revanes Co., Ltd. (Headquarters: Shinjuku-ku, Tokyo, Representative Director and CEO: Yukihiro Maru) will be carried out by the National Research and Development Corporation New Energy and Industrial Technology Development Organization (NEDO) by "Euglena We are pleased to inform you that we have been certified as a venture capital (hereinafter referred to as "certified VC") of the "R & D-type venture support project / Commercialization support for R & D-type ventures in the seed period" subsidy project. The certification was announced by NEDO on July 9th.
This subsidy project is a project in which the government subsidizes the commercialization of R & D-type venture companies utilizing technology seeds through certified VCs. R & D-type venture companies wishing to receive a grant will be certified as a grant after an investment decision is made by a certified VC, and will receive up to 70 million yen as a grant up to 85% of the expenses required for commercialization, and the remaining expenses will be certified VCs. You will receive it as an investment from.
　By becoming a certified VC of this subsidized project, ESL will subsidize a part of the investment amount to the investee, so the investment funds of the fund operated by ESL will be distributed to more promising venture companies and invested. You will be able to do it. ESL will continue to promote its business in order to contribute to the growth of Japanese R & D-type ventures.
　The details are as follows.

About R & D-type venture commercialization subsidy project

■ Grant project name R & D-type venture support project / Commercialization support for R & D-type ventures during the seed period
■ Implementing entity National Research and Development Corporation New Energy and Industrial Technology Development Organization (NEDO)
■ Details of the grant NEDO will provide grants to R & D-type ventures funded by certified VCs.
　　　　　　　The maximum subsidy rate is 85%, and the maximum subsidy amount is 70 million yen per venture company.
■ Open call for participants period July 9, 2015-August 31, 2015
■ What ESL will do
　　　　　　　Mining and industrial technology under the jurisdiction of the Ministry of Economy, Trade and Industry (robotics, AI, electronics, IoT, clean technology, materials, medical equipment, life science,
　　　　　　　Ben who wishes to be certified as a certified VC in the commercialization subsidy business of venture companies related to biotechnology technology, aerospace, etc.
　　　　　　　We will consider investing in a char company.
■ Other announcements from NEDO are as follows.
　　　　　　　http://www.nedo.go.jp/koubo/CA3_100077.html
　　　　　　　http://www.nedo.go.jp/koubo/CA2_100086.html

< Euglena SMBC Nikko Leave a Nest Capital>
It is a venture capital company established in April 2015 by Euglena Investment Co., Ltd., SMBC Nikko Securities Co., Ltd., and Leave a Nest Co., Ltd. In this venture capital, "Next Generation Japan Advanced Technology Development Fund (commonly known as Real Tech Development Fund)" was established, and physics such as robotics, biotechnology, agri, energy, IoT, etc. with physical technology development that is not completed only on the WEB We are planning to support and nurture venture companies aiming to develop their business using conventional technology (= real tech) with "people, goods, funds".

-Contact for inquiries from the press-
Euglena Co., Ltd. Public Relations and IR Division