Nov. 12, 2012
Sumitomo Corporation Youth Challenge Program for the Revitalization of East Japan Invitation for Applications for Fiscal 2013 Activity and Research Subsidies
Sumitomo Corporation (Head Office: Chuo-ku, Tokyo; President and CEO: Kuniharu Nakamura) has started accepting applications for activity and research subsidies for fiscal 2013 under the Sumitomo Corporation Youth Challenge Program for the Revitalization of East Japan, which was launched in fiscal 2012 as part of its long-term assistance activities aimed at rebuilding areas affected by the Great East Japan Earthquake.
As it did in fiscal 2012, Sumitomo Corporation will offer two different types of activity and research subsidies in fiscal 2013; A course subsidies are for activities and research conducted by voluntary youth teams, circles and groups, and B course subsidies are for activities and research conducted independently by young people who belong to organizations such as NPOs, universities and graduate schools. In order to support the long-term activities of young people, B course subsidies will be provided not only to new recipients but also to those who received the subsidies in fiscal 2012, as long as the recipient organization wishes to receive the subsidy and the selection committee judges that it is appropriate to continue providing the subsidy.
At the same time, Sumitomo Corporation will hold events to strengthen the relationships among young people who received subsidies through this program and to encourage them to learn from each other, thereby improving the quality of their activities and supporting their growth throughout the program. For fiscal 2012, a public symposium and a convention will be held in Tokyo on December 1 and 2 in which all recipients of fiscal 2012 subsidies will provide interim reports.
As the environment surrounding the disaster-affected areas continues to change, so too will the needs of the affected areas, and activities that meet a variety of needs will be required. Sumitomo Corporation hopes that as many young people as possible will submit applications with the aim of helping people affected by the disaster rebuild their lives and supporting revitalization of the affected areas.
Corporate Communications Department,