Trust Bank Co., Ltd. press release (2024.10.01) Trust Bank Co., Ltd. Kyoto City, Kyoto Prefecture and Furusato Choice launch a project to support research and development of regenerative medicine using iPS cells through government crowdfunding (R) utilizing the hometown tax system. ~5th year of continuous project launch to develop iPS cell technology Supporting the practical application of Kyoto City, Kyoto Prefecture (Mayor: Koji Matsui, hereinafter referred to as “Kyoto City”) and Japan’s largest comprehensive hometown tax website “Furusato Choice” (
https://www.furusato-tax.jp/
https://prcdn.freetls.fastly.net/release_image/26811/1307/26811-1307-988f4579c615ee5e2272dc62f57ff965-500×340.png (C) Kyoto University iPS Cell Research Foundation Background of collecting donations at GCF(R) In Kyoto City, with the desire to “reduce the number of incurable diseases as much as possible,” in 2020 we will donate to the iPS Foundation and support research and development of regenerative medicine, including iPS cell technology. This project was launched from. Regenerative medicine, including iPS cell technology, holds great promise not only for restoring lost bodily functions, but also for treating cancer, which accounts for a large proportion of deaths, and incurable diseases for which no treatment has been established. I am. Under such circumstances, the iPS Foundation promotes the practical application of iPS cell technology by stably supplying iPS cells to research institutions and companies at a reasonable price, and in Kyoto City, it supports startups, small and medium-sized enterprises, and university research. We support the research and development of people in the life science field. However, in order for regenerative medicine technology to become “common medicine,” there are many issues that need to be overcome, including safety and cost, and further research and development is essential. Since the iPS Foundation as well as various companies, research institutes, and universities need support to advance their research and development, we will launch the GCF(R) project again this year and collect donations. How to use donations In order to support research and development in the life science field, including regenerative medicine, half of the donations we receive after deducting administrative expenses will be donated to the iPS Foundation, and the remaining half will be donated to companies and university researchers to support research and development in the field of life sciences, including regenerative medicine. The funds will be used to support research and development.
https://prcdn.freetls.fastly.net/release_image/26811/1307/26811-1307-3c7bbc5e794fd90338e1ce67beeda625-1086×268.png *Administrative expenses will be deducted from the total donation amount Comments from Kyoto City Mayor Koharu Matsui “Regenerative medicine, which leads to the elucidation and treatment of intractable diseases such as cancer, which is the most common cause of death among Japanese people, heart failure, and Parkinson’s disease, is a great hope for not only those suffering from intractable diseases and injuries, but also for humanity. With this goal in mind, we have started a crowdfunding campaign with the Kyoto University iPS Cell Research Foundation, which has received a huge amount of support from people all over the country. Once again, I would like to express my deepest gratitude for your continued support. The support we receive is leading to the promotion of research using iPS cell technology and the development of new treatments. However, there are still many obstacles to overcome before the practical application of regenerative medicine, and continued support is essential. The city will continue to implement projects to support the research and development of this innovative medical technology. Your support will lead to a big step in changing the future of global medicine and humanity. We sincerely ask for your warm support. ”
Crowdfunding using hometown tax donations that empathize with the usage GCF(R) is a hometown tax crowdfunding campaign that collects donations based on how they can be used. Local governments widely disseminate local issues and solutions, gain sympathy, and collect donations. This gives donors an opportunity to learn about local issues and allows them to choose a more specific way to use their donations. Donations are made out of support for the project, which leads to continued interest in the community. It is also expected to have the effect of creating local fans and increasing the number of local relationships and exchanges. GCF(R) is a system provided by Trust Bank in September 2013. The number of projects and the number of local governments using the program are increasing year by year, and as of April 2024, the total amount of donations has exceeded 17.6 billion yen and approximately 2,660 projects have been implemented. *Government Crowdfunding (R) and GCF (R) are registered trademarks of Trust Bank Co., Ltd. □■ Project overview ■□ ◆Project name: “Make iPS cell technology commonplace in medical care” – Supporting research and development of regenerative medical
technology, etc. ◆Donation reception site: Furusato Choice “Government Crowdfunding (R)” (operated by Trust Bank Co., Ltd.) ◆Target amount: 22 million yen ◆Recruitment period: October 1, 2024 to December 31, 2024 (92 days) ◆How donations will be used: After deducting
administrative expenses from donations, half of the amount will be donated to the iPS Foundation, and the remaining half will be used to support research and development, including regenerative medicine, by companies and university researchers. ◆Project URL:
https://www.furusato-tax.jp/gcf/3188 *The recruitment period may be extended.
https://prcdn.freetls.fastly.net/release_image/26811/1307/26811-1307-10b33246b8bd1262aef8dcd6702e390e-759×495.png Kyoto City, Kyoto Prefecture ( https://www.city.kyoto.lg.jp/index.html ) It is the seat of the prefectural government and an
ordinance-designated city located in the southern part of Kyoto Prefecture, and is the largest city in the prefecture, home to approximately half of the prefecture’s population. Kyoto City (Rakuchu) is called the ancient capital because it has been the capital of Japan since ancient times, when the capital was transferred to the Heian capital in 794 (Enryaku 13). It is a city with a concentration of companies that demonstrate their unique strengths by combining traditional techniques and cutting-edge technology, and at the same time, it is also a city with a concentration of universities and research institutes that carry out excellent research and development that leads the world. Taking full advantage of Kyoto’s unique urban characteristics, we are working to support the creation of new innovations in the life science field and other areas through strong collaboration between industry, academia, and the public. What is Government Crowdfunding (R) (GCF (R))? A
crowdfunding-type mechanism for collecting hometown tax donations provided by Trust Bank in September 2013. Local government Become a project owner and raise funds widely by presenting specific solutions to local issues, the amount of donations needed, how they will be used, and the period for collecting donations. Donors can choose how their donations will be used. Received the 2019 Good Design Award. *”Furusato Choice Government Crowdfunding (R)” site:
https://www.furusato-tax.jp/gcf/ Trust Bank Co., Ltd. ( https://www.trustbank.co.jp/ ) The vision is to “create an independent and sustainable region.” Established in April 2012, we launched Furusato Choice, Japan’s first comprehensive website for hometown tax donations, in September of the same year. The site has grown to become one of the largest hometown tax donation sites in Japan, with over 1,700 local governments (as of March 2014), approximately 95% of the total, and the number of thank-you items available over 570,000 (as of March 2014). In November 2018, we formed a group with Change Co., Ltd. (currently Change Holdings Co., Ltd.) on the TSE Prime Market and entered the public tech business. In September 2019, we released “LoGo Chat”, a business chat for local governments, and in March 2020, we released “LoGo Form”, a no-code electronic application tool. In October 2013, we launched the e-commerce site “Meibutsu Choice,” which sells local Meibutsu. In addition, we are developing a local currency business that promotes local economic circulation and an energy business that promotes local production and local consumption of renewable energy. *No. 1 in number of local governments that can apply and No. 1 in number of thank you items posted (as of September 2023, JMRO research)