Last update date 2 December 2022

Description of measure

The Mirai Program conducted by the Japan Science and Technology Agency (JST) aims to promote high-risk but high-return research and development that leads to social and economic impact. For that purpose, this program helps develop proof-of-concept (POC), so that investors and industry may judge practical application feasibility. In this program, the project sets technologically challenging goals based on basic research results and turns innovative ideas into commercial and social values for the future society. One focus of the project is the "Low Carbon Society" mission area which aims for a low carbon society through game changing technologies with focuses on the stable securing of energy and on efficiency of energy use: energy saving technologies, higher efficiency of renewable energy, and stabilization of energy use through hydrogen or energy storage. Funding for research projects is granted based on broader “mission areas” an “technology themes” as defined by the Ministry of Education, Culture, Sports, Science and Technology (MEXT). Projects of the latter category are granted up to 2.7 billion JPY per project and periods of up to 10 years, while projects of the former category start at a relatively low budget but are granted up to 570 million JPY per project if a feasibility study confirms their social and economic potential.

Country
Japan
Territorial validity
National
Thematic Priority
Strategic challenges