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Current Programs and Events in Taiwan Startup Ecosystem 2021
Taiwan Tech Arena (TTA)
Taiwan Tech Arena is a startup ecosystem building program launched by the Taiwan Ministry of Science and Technology(MOST) in 2018. TTA is located inside the Taipei Arena, and they are hosting over five global accelerators programs and incubation programs including 500 Startups, SOSV MOX, SparkLabs Taipei, and CCIA. Furthermore, TTA has supported over 430 startups, helped to amass a total of NTD$6.78 billion funding, and bridged 112 corporate collaborations.
Another mission for TTA is to bridge the resource between Taiwan and the silicon valley. They have recruited many successful Taiwanese entrepreneurs from silicon valley to become EIR in TTA, to guide the Taiwanese startups. The EIR including Youtube co-founder Steve Chen, Guitar Hero co-founder Kai Huang, BE Accelerator executive director Arthur Chen, and SparkLabs Taipei co-founder Edgar Chiu.
National Development Council (NDC)
National Development Council has brought out Action Plan for Enhancing Taiwan's Startup Ecosystem to foster startup ecosystem here.
The Action Plan comprises five strategies and 40 measures which will be jointly promoted by 13 Government agencies. By pushing ahead the Action Plan, the Government would create a robust startup ecosystem in Taiwan, raising Taiwan’s visibility internationally, and making Taiwan an Asia’s startup nation.
Providing ample early-stage funding for startups
Putting in place tax incentives for angel investors, and cooperating with globally renowned venture capital firms to strengthen investment in forward-looking industries such as AI, IoT, AR/VR, and biomedical industry
Developing talent and adjusting regulations
Enacting the Act for the Recruitment and Employment of Foreign Professionals, encouraging students to intern at startups, and clarifying the gray areas of laws to new types of business through the Startup Regulatory Adjustment Platform
Building partnership between startups and the Government
Encouraging Government’s procurement from startups, opening Government data to encourage startups to participate in public affairs, encouraging corporate-startup engagement through Government programs etc.
Providing startups with various exit channels
Providing diversified market listing qualifications for startups not yet profitable to access capital market
Helping startups tap into global markets
Sending selected startups to overseas accelerators and major international trade shows, and providing soft-landing consultation and matchmaking services
Startup Island Taiwan
Startup Island TAIWAN, Taiwan’s national startup brand, was launched on December 18th, 2019. Recognized as a unified brand by all the startup communities in Taiwan, Startup Island TAIWAN is also supported by Minister without Portfolio Audrey Tang and various ministries including the Ministry of Economic Affairs, Financial Supervisory Commission, Overseas Community Affairs Council, Ministry of Culture, Ministry of Science and Technology, and Ministry of Foreign Affairs. It is the wish shared by both public and private sectors that the brand which will showcase the dynamism of Taiwan’s startups to the world will help Taiwan startups expand into global markets.
Taiwan Startup Stadium
Founded in 2015, Taiwan Startup Stadium (TSS) is a startup menbership community. TSS was set up as a vital bridge between Taiwan startups and the international market. TSS has already served 200+ startups with 120+ mentors, 500+ investors & 30+ corporations. In addition to a broad network of ecosystem players, they also provide solid coaching programs through extensive bootcamps, workshops & seminars to empower entrepreneurs to grow and succeed in their startup journey and build a startup ecosystem throughout Asia.
Meet Taipei
Powered by Business Next Media, combined with the largest startup community Meet. Meet Taipei, first launched in 2014, is an annual event that engaging startups, venture capitalists, enterprises, incubators, accelerators, and service providers, media, government initiatives, and other key players in Taiwan's entrepreneurial ecosystem. Meet Taipei want to create and demonstrate the most complete startup ecosystem, bringing the most abundant resources, and become a platform for entrepreneurs.
Holding in the Taipei EXPO PARK every year since 2014, Meet Taipei has attracted more than 2,500 startups as exhibitors, including 250 international startups from 30 cities. Meet Taipei also attracted over 100 investors and help successfully matched 2,440 times startup and investor. Every year, Meet Taipei would draw media from the US, UK, Canada, Singarpore, and Hong Kong, to create media value over NTD$30 million.
InnoVEX
InnoVEX exhibit is a feature exhibit of COMPUTEX Taipei. COMPUTEX Taipei is a computer expo held annually in Taipei. Since the early 2000s, it is one of the largest computer and technology trade shows in the world.
In the InnoVEX, you might be have chance to access COMPUTEX’s over 42,000 international buyers from the globe, and to be seen by over 500 venture capitalists including Alibaba, Softbank, Acorn Venture, Quest Venture, 500 Startups, as well as more than 1,500 local and international media.
Qualcomm Innovate in Taiwan Challenge
The Qualcomm Innovate in Taiwan Challenge (QITC) is an initiative run by Qualcomm Technologies. Starting in 2019, Qualcomm initiative is a collaboration with Taiwan’s Ministry of Science and Technology (MOST) and Taiwan Tech Arena (TTA) to support the growth of Taiwanese startups in areas such as 5G, cellular connected IoT, machine learning, smart cities, and multimedia with our mobile platforms and technologies.
Building upon Qualcomm’s longstanding support of Taiwan’s ICT ecosystem, QITC contributes to Taiwan’s "Asian Silicon Valley" – part of the national policy vision of “Digital Nation, Smart Island”. Qualcomm aims to facilitate the integration of international and Taiwanese innovative ideas and technologies developments to boost innovation in Taiwan, enable new ICT industry dynamics in Taiwan, and raise the competitiveness of Taiwanese startups on the global stage.
Up to 10 shortlisted companies will each be eligible to receive a grant of USD 10,000. In addition to a grant available to each selected startup, the Challenge offers coaching and technical training, provides access to world-class engineering resources for product development, and encourages startups' protection of inventions through patent filing.
La French Tech Taiwan
Accredited by the Mission French Tech (MFT) in 2016, La French Tech Taiwan is a non-profit association, led by tech entrepreneurs and enthusiasts. It aims at linking France and Taiwan startup ecosystems through three main actions: Talent, Market Access, and Open Innovation. The goal of La French Tech Taiwan is to significantly increase the cooperation between innovation actors, fostering new initiatives towards the development of France and Taiwan's new technologies, and promote the attractiveness of France to Taiwanese startups.
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