|Company Name||TNP Partners Corporation|
|Representative||Chief Executive Officer Masatoshi Go|
|Address||Shin-yokohama SR Bldg. 8F, 3-6-1, Shin-yokohama, Kouhoku-ku, Yokohama-City, Kanagawa, Japan, 222-0033|
|Capital Stock||100,000,000 yen|
|Foundation||September 7, 2000|
|Stockholders||Masatoshi Go, Katsuhiro Yamashita, etc.|
Originally, Venture Support Mechanism “TSUNAMI” (later approved as a Non-Profit Organization-NPO) MINERVA was organized out of a partnership between Kanagawa Prefecture and local private companies and started in August 2000. It's objective was to create momentum based on inviting promising venture companies and the one hand, and excellent private resources on the other within Kanagawa Prefecture, in order for them to connect with each other and give life to the catchphrase: “Sourcing, supporting and nurturing venture companies to bring Kanagawa’s future alive.” MINERVA’s mission is to facilitate effective and continuous source, support for and nurturing of venture companies, especially those in Research and Development fields. MINERVA has the goal of bringing synergies from the private sector in Japan in cooperation with and complementing the “Local Platform” envisioned by Kanagawa Prefecture as a total, supportive system. Finally, to promote “MINERVA” activity further and in detail, the firm of TNP Partners Corporation (TNP) was established.
■ Mission and purpose
TNP’s mission is three-fold. First, to “raise the value of the supported venture companies.” Secondly, “to activate the economy”. Third, “to construct a Japanese comparable to Silicon Valley in Kanagawa” These goals are carried out by the participation of members (partners) based on their passion for supporting venture companies. As this activity is built upon, the basic purpose of TNP is achieved and its value is thereby generated, inevitably leading to TNP’s own prosperity.
■ Business philosophy
TNP’s activity, as a fresh, new paradigm of Japanese venture capital, centers on supporting venture companies and expanding its network, founded upon the philosophy of the Venture Support Mechanism MINERVA”, which has been established through collaboration between Kanagawa Prefecture and private companies. TNP works to establish such partnership of Industry, Government and Academia. “MINERVA” promotes this activity as a local business incubation platform and works as within the framework of cross-pollination of networks thus giving rise to the corporate value of the participants. TNP aims to generate a revival of the Japanese economy attributable to positive change of the Japanese industrial dynamic within Kanagawa, in addition to bringing about the Japanese “Silicon Valley” by promoting a “Creative Circle” comprised of people, resources, money and information. Such a mechanism increases the success rates of corporate growth and of the entrepreneurs themselves. In a nutshell, TNP’s three main pillars of business are a) planning and managing “MINERVA”; b) building and sustaining a vibrant network; and c) venture capital. Synergistic effect results from the dynamic interplay of all three.
■ Business Activities
① Plan and management of Venture Support Mechanism MINERVA
② Create and supply total across-the-board network
③ Value-creating venture capital business