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Japan’s NTT Docomo Launches $125M Incubator Fund And Program To Accelerate Homegrown Mobile Innovation

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http://techcrunch.com – Good news for Japanese startups: Japan’s largest mobile carrier, NTT Docomo, has announced a $125 million (¥10 billion) investment fund and incubator program for smartphone and tablet related startups — to be called the Docomo Innovation Fund and the Docomo Innovation Village — both due to kick off at the end of March 2013. Docomo will also establish an operating company to manage the fund by then, which it’s planning to distribute over a 10 year period. The aim of the fund and incubator is to accelerate the creation of new business models, services and technologies (IT news)