On Nov. 20, the Immigration Services Agency announced that it will introduce a new system to support foreign students who have graduated from a Japanese university and want to start a business. Under the new framework, the students will be allowed to stay in Japan for up to two years [to pursue their dream]. The agency will grant the new resident status of “designated activities” to students who want to start businesses provided they meet certain requirements, such as obtaining support or a recommendation from their university. (Abridged)