Izumo City

Targeted Industrial Parks		Izumo Nagahama Core Industrial Park
Target		Manufacturing Industry, Software Business (closely associated with manufacturing industry) Facilities used for manufacturing research
Grant eligibility conditions	Land acquisition time limit	By March 31st, 2005
	Area of land used by factories	5,000 square meters or more	2,000 square meters or more
	Time limit for commencing operations	Within three years of the land acquisition
	New employees	With the expectation of employing 20 or more new workers within 3 years of commencing	With the expectation of employing 5 or more new workers within 3 years of commencing
Subsidy rate		20% of land acquisition cost	10% of land acquisition cost
Subsidy granting period		Upon land acquisition, application will be granted
Additionally, Izumo City subsidizes land acquisition for IT corporate investment.