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Startup industrial clusters will activate startup motivation
Oct 12, 2018
Startup industrial clusters will activate startup motivation
By Huang Nuan-yun/TIER
Currently, Taipei City Government has come up with a plan to have 22 locations built as the startup base. The total area covers 630,000 square meters. Among them, 8 out of 22 of these bases were officially launched already. In the future, the government will keep working on integrating the resources from each bureau or division to industrial resources. It provides all the required funds, incentives and subsidies, talent cultivation, spaces, showcase area for exchange, investment matchmaking, instructor’s escort, and other all-in-one consulting service that an entrepreneur may need during each stage of his or her career life. It allows plenty of creative ideas to be realizable through introducing diversified industrial clusters to attract more domestic and foreign entrepreneurs to move into Taipei City and make their dreams come true. Hopefully, it can create an image for the Taipei City to become the top choice of global startups one day.
Taipei City Government empowers startup entrepreneurs to create a new future
Jun 27, 2018
Taipei City Government empowers startup entrepreneurs to create a new future
By Lin Tong-An/TIER
Taipei City Government is dedicated to applications and transformation of new technology, and actively fosters the development of innovative startups. Department of Economic Development, Taipei City Government works closely with Business Next and other units to host the 4th Future Commerce, which took place in the Taipei Expo Park-Expo Dome from April 26 to April 28, 2018. It’s possible to foresee the new look of future businesses through the four theme sectors and top 10 blocks. To help startup companies engage in R&D in emerging technology, the Department of Economic Development, Taipei City Government has launched the “StartUP@Taipei Office” and “Investment Taipei Office” to offers one-stop startup and investment consultancy and consulting, and provides real incentives through Project of Subsidies & Incentives for Taipei Industry. Starting from March, 2011 up to May, 2018, enterprises were driven to invest more than 20.9 billion in innovations, and offer 8,934 jobs. In addition, Taipei City has been proactive in the startup trend. More than 1,500 foreign startup companies moved to Taipei City during 2015-2017 each year, about 2,000 domestic startup companies have joined the activities here.
Connect with innovative start-ups to discover the new spotlight in the sport industry
Aug 31, 2017
Connect with innovative start-ups to discover the new spotlight in the sport industry
By Huang Nuan-yun/TIER
According to the statistics collected by Garmin, Taipei had invested about 1.11 trillion NTD in the scale of the sports industry in 2015. Among all sports, business opportunities for the road running have already created an amount that exceeds 16 billion NTD each year. Recently, the road-running event engages more people to join in, and there is a diversity of road running events featuring all kinds of topics. If further estimates are applied to evaluate the economic output value for the tournament event, there will be a great demand for potential opportunities generated by the participation fees, traffic and accommodations and peripheral equipment and products. Indirectly, it motivates the people who are willing to engage in the sports and recreation industry to invest in its related industry. The current session has introduced two cases with the brand subsidy known as the “Project of Subsidies and Incentives for Industrial Development in Taipei City,” respectively. They are the “SURPERACE athlete from the deserts” built by the expert in desert races Kevin Lin, and the “RunBase” with subsidy for start-ups, which are the best supply stations for runners to get energized.
Light Up Innovative Brand Image to Ignite Creativity
Jul 13, 2017
Light Up Innovative Brand Image to Ignite Creativity
By Hsu,Chu-hsien/TXA Private Board Of Directors
While many are interested in starting their own business around the world, Taiwan is also proactively creating a friendly environment for business starters. The central government and respective local governments are introducing various incentives for people starting their own business. Private incubation centers, venture accelerators, shared workspaces, and maker spaces are mushrooming, too. For a new company, however, how to make their innovative brand known by others is important and is something they must accomplish. The author suggests that they may take advantage of the international market, a venture agent, various venture competitions and events and the Go Incubation Board for Startup and Acceleration Firms as four major ways to create a higher-level brand. New companies in Taiwan are able to light up their own brand utilizing various strategies. Therefore, they glow in Taiwan and are in the spotlight on the international stage. What is more important is that they can transform their brand image into value on the capital market in order to gain sufficient fuels that keep the fire of innovation going!
FinTech Boosts Momentum to Start a Business
Jul 13, 2017
FinTech Boosts Momentum to Start a Business
By Lo,Chih-Shan/Institute for Information Industry
Faced with the impact brought about by emerging financial technology, powerfully unconventional and innovative characteristics are embedded in the development of the operational model, products, process flow, and application system for the financial service sector. This also further intensifies the collaboration between traditional financial institutions and financial technology providers. The core values of and opportunities brought about by the financial technology lie mainly in effectively reduced cost and efficient quality service, which are conducive to enhanced operational capability of financial institutions while the cost structure is significantly downsized. Taipei, being the political and economic center in Taiwan and a city that lies at the core of the Asia Pacific Region, owns abundant quality technology talent and innovative R&D momentum. While the world is proactively deploying and promoting an innovative approach to business, the innovative sector featuring FinTech mainly targets software systems and innovative service. The latter will be advantageous niche for Taipei while it tries to reach out to the Asia Pacific market.
Unpacking Big Data to Start New Business Opportunities
Jul 13, 2017
Unpacking Big Data to Start New Business Opportunities
By LO,CHIH-SHAN/Institute for Information Industry
Nearly all industrial developments rely on the Internet nowadays. By utilizing big data analysis technology, one can more quickly produce diversified data in real time. In other words, for core managers in an enterprise or venture team, they need data-driven strategic thinking. While entrepreneurs are thinking about where to start their business, if they can consider first the deployment of data assets of the business and then what kind of commercial pattern and market value the data can be transformed into and what kind of innovative service to be designed, the data-driven business will be sustainable.
Start a Business Now to Strengthen International Bond
Jul 12, 2017
Start a Business Now to Strengthen International Bond
By Huang Nuan-yun/TIER
For a startup team, it definitely helps boost operating capital, connections and required technology in the industry and the market share by being able to establish presence in an internationally famous accelerator or to taking part in international entrepreneurship competition where they can exchange experiences and share stories with other elites from around the world. The Taipei City Government’s Department of Economic Development has launched” Taipei City Government Start-up Programs for Subsidy entrepreneurial team abroad” to encourage startup teams to broaden their international horizon, strengthen their connections with the world in terms of funding, talent, and technology.Venture teams with potential that are registered in Taipei are sponsored while they try to establish presence in international accelerators, take part in international venture events, or incubation center development plans.
From Starting a Business to Creating a Brand, Comprehensive Business Subsidies are Available
Jun 19, 2017
From Starting a Business to Creating a Brand, Comprehensive Business Subsidies are Available
By Huang Nuan-yun/TIER
There are various business starting patterns either taking shape or transforming throughout the world as a result of different development conditions such as the financial environment, infrastructure, penetration rate of mobile devices, and attitude of the supervisory authority. ICE Technology applied for the “Taipei Industrial Development Incentive Program” in 2012 and received the subsidies for its “innovative platform that helps with smart decision making in financial transactions”. The platform combines real-time message transmission technology and financial transaction service in one, and assists investors in assessing their investment while deciding on the cost in order to minimize transaction risk. ADTC applied for the “Taipei Industrial Development Incentive Program” in 2015 and its focus was on the subsidies for labor and salaries in order to realize popularity of mobile payments and their advanced application and to provide consumers with more diversified service, spearheading the rapid development and industrial upgrade of mobile payment in Taiwan.
You Know at Once Where to Go in Taipei to Start a Business
Jun 19, 2017
You Know at Once Where to Go in Taipei to Start a Business
By Huang Nuan-yun/TIER
Encouraging youth to start their own business is one of the priorities of the Taipei City Government in its administration for the future. There is one-stop venture service available as part of the venture cluster that the government tries to create to proactively integrate and manage existing spaces pending utilization throughout Taipei and continue integrating central or private incubation centers or shared workspaces while planning a venture exchange platform for business starters. The venue and public equipment at the innovation base are at their disposal. The hope is to build Taipei into a city friendly for young people wishing to start their own business and fulfill their dream. The “StartUP@Taipei” statistics show that there are 26 incubation centers, 32 investment institutes, 29 shared workspaces, and 11 maker spaces available at present at the venture base in Taipei, including Taipei Co-Space, Garage+, Custard Cream, and Changee workspace . The hope is that through each venture space proactively created to help realize dreams business starters can find one another more easily.
Taipei Shows Innovation & Shines Globally
Jul 13, 2017
Taipei Shows Innovation & Shines Globally
By Liu,Wei-ting/TIER
The Taipei International Design Award takes Taipei City as the convergence platform for creative design to discover creative designs with business opportunity’s potentials. This award makes use of the idea of a universal design to improve the city’s economy, community, environment and cultural development. It provides the user with a more harmonious, safer and convenient life. In addition to the design competition, it also holds design forums, design seminars, and other important design activities. Furthermore, it also holds a creative start-ups int’l exchange program to select excellent enterprises and provide a completely different assistance and resources package in order to create a good-quality eco-environment for start-up businesses so that the startups in Taipei City may have a chance to be displayed on the international stage.
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