Gunma Regional Co-creation Partners Co., Ltd. (President and Representative Director Hideo Kagamiyama, hereinafter "the Company") announces that it has been selected for the "Dormant Deposit Utilization Business*1" by the Japan Network for Public Interest Activities (Representative Director Masaya Ninomiya, hereinafter "JANPIA"), an organization designated for dormant deposit activities, and has established the social impact investment*2 fund "Gunma Sustainable Tourism Fund" (formal name: Gunma Sustainable Tourism Investment Limited Partnership) with a total amount of 1 billion yen. In the area of impact investment utilizing dormant deposits, this is the first initiative in Japan to form a fund involving prefectural related organizations, regional financial institutions, and tourism-related businesses with the theme of tourism revitalization on a prefectural level. Through the operation of this fund with the theme of "creating sustainable tourist destinations," the Company will maximize the potential of the region and contribute to the sustainable development of the regional society and economy, as well as environmental conservation. *1 A system that utilizes deposits that have had no transactions for 10 years or more to solve social issues and promote private public interest activities, based on the "Act on the Utilization of Funds Related to Dormant Deposits to Promote Private Public Interest Activities". *2 An investment method that aims to achieve both economic returns and the resolution of social issues. 1. Fund Overview Fund Name: Gunma Sustainable Tourism Investment Limited Partnership Total Fund Amount: 1 billion yen General Partner (GP): Gunma Regional Co-creation Partners Co., Ltd. Limited Partners (LP): Japan Network for Public Interest Activities (JANPIA), Gunma Tourism, Local Products & International Association (GTIA), H.I.S. Co., Ltd., The Gunma Bank, Ltd., The Towa Bank, Ltd., Kita-Gunma Shinkin Bank, Kiryu Shinkin Bank, Shinonome Shinkin Bank, Tonegun Shinkin Bank.

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  • Source: PR TIMES
  • Category: Funding