THE INNOVATION NETWORK CORPORATION OF JAPAN (INCJ) IS THE LARGEST VC FUND IN THE WORLD AT 22 BN USD. It was formed half of public and half of private funds. I met with Kazuhiro Umeda, an old friend, who is the VP of Life Sciences. He had led a stellar career with JAIC VC in Tokyo, Palo Alto, and as President of the Singapore division. His mission is to innovate the Japanese Healthcare sector. Constantly working, he has a large network to draw from, and a very large budget to make that happen. This very bold initiative must have an impact and help Japan to the Tipping Point for a new economy.