Iwate Prefecture opens wage raise support grant applications

Iwate Prefecture has begun accepting applications for grants aimed at improving wage raise environments for local small and medium-sized enterprises (SMEs). The grants will support expenses related to equipment investment and digitalization to facilitate smooth price pass-throughs and wage increases. For foreigners living in Japan, this could mean positive changes in their wage levels and working conditions at companies receiving the grant. Applications are open until September 30, 2023. Interested parties should refer to official announcements for accurate details and necessary procedures.