Mizuho and Kokopelli launches BIG ADVANCE GLOBAL

Kokopelli Co., Ltd. and Mizuho Bank, Ltd. are pleased to announce the launch of the “MIZUHO BIG ADVANCE GLOBAL” service on April 13th.

Background of the “BIG ADVANCE GLOBAL” Implementation

In recent years, amid Japan’s declining population and shrinking domestic market, coupled with the effects of the weak yen, an increasing number of small and medium-sized enterprises (SMEs) are showing increased interest in overseas markets. For companies aiming to expand sales and develop new sales channels, overseas expansion is becoming an important growth strategy. However, many obstacles remain, such as differences in language and business practices, the development of local partners, and the need for specialized knowledge of trade practices, making entry into overseas trade still a high hurdle for SMEs.

Based on these challenges, Kokopelli, which already provides business matching services in Japan, has been promoting the development of “BIG ADVANCE GLOBAL,” the first global platform in Japan specializing in overseas business matching, in order to support small and medium-sized enterprises that want to venture into overseas markets.

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Kokopelli and Mizuho Bank have reached a formal agreement to introduce the overseas business matching platform “BIG ADVANCE GLOBAL.” By leveraging Mizuho Bank’s extensive network both domestically and internationally, as well as its rich knowledge in supporting small and medium-sized enterprises (SMEs), we believe we can support the creation of an environment where more SMEs can take on “local-to-global” challenges.

BIG ADVANCE GLOBAL, an overseas business matching platform, is a new service designed to connect Japanese and overseas companies across national and linguistic barriers, expanding business possibilities. Initially launching in Thailand, the platform plans to expand to the entire ASEAN region in the future. Beyond business matching for expanding sales channels and developing new suppliers, this platform fosters innovation among small and medium-sized enterprises (SMEs), building a foundation for sustainable growth in the global market for SMEs in both countries.

SOURCE: PRTimes