Transformation of Tanegashima into a New Startup Destination
Mitsuru Obe from Nikkei:
Tanegashima, closer to Shanghai and Seoul than Tokyo, has fewer than 30,000 people and is best known as the home of Japan's answer to Cape Canaveral, the rocket launch center of the Japan Aerospace Exploration Agency (JAXA). The next launch is scheduled for June 30.
But with launches few and far between, the center hasn't spawned a broader industrial base, leaving fishing and sugarcane farming by an aging workforce as the backbone of the island economy. With Japan's fertility rate at a record low, speeding population decline, success in regenerating Tanegashima's economy could serve as a blueprint for regions across the country seeking rural revival.
Communities across rural Japan are experimenting with many different models on how to pull people in and have them stay. The JAXA draw for Tanegashima could be huge but there does looks to be a lack of investment on their part to assist the island to grow.
The digital nomad angle could work but it is still quite remote for many. And then there is the marketing problem. How does such a small island promote itself out in the wider world? A difficult proposition but hoping they will find success.