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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.
Industry Works Hard on Innovation for New R&D-Taipei Co-Space
Jul 13, 2017
Industry Works Hard on Innovation for New R&D-Taipei Co-Space
By Liu,Wei-ting/TIER
The Taipei City Government connects the idea of “design” with technology industry domain and establishes the “Taipei Co-Space” inside the public service building of the Neihu Science Park to provide a co-working space for micro-enterprise’s entrepreneurs or freelance workers. People who work in-house may discuss, do brainstorming and collaborate by exchanging ideas together via this built platform. They can create innovative commercial thoughts or boosts new business models to create endless business opportunities.
A new role-model of entrepreneurship by reutilizing successful examples
Jul 13, 2017
A new role-model of entrepreneurship by reutilizing successful examples
By Cheng,Kuang-ting/flyingV
The creative solution that arose from crowd-funding utilization, brought forth a new trend for startups. Not only does it provide a combination of the two platforms of “creative, idealistic, but lacking capital” with “have capital, and willing to donate and support quality creativity”. Now the threshold of entrepreneurship has been lowered, plus capital now may be sourced from crowd funding, along with maintaining creativity and operation independence on the proposer’s side. In order to increase the success rate of the entrepreneurship, flyingV has proposed providing consulting material, that has to include the four elements of: “anticipation”, “trust”, “uniqueness”, “value”, as well as analyzing the operation of its products and proposition before and after the project’s availability. Generally speaking, “Music Videos”, “Technical Applications”, and “Product Design” are the three projects with the highest amount of one-time donations. The proposers of these projects, have learned that there are many highly-anticipated business opportunities in our society, yet no one is going for them. We recommend that the government should provide a transparent and clear information platform, so that the pre-existing civil resources may be utilized appropriately, thus further provide entrepreneurs a more fostering environment. By slowly concentrating skilled professionals, capital, and industries, we may truly build a fertile ground for entrepreneurship.
The Mida’s touch. Turning creativity into reality
Jul 13, 2017
The Mida’s touch. Turning creativity into reality
By Lin,Tuan-jung/Changee
In order to market and make “Taipei Entrepreneurship” a brand, it requires a dazzling brand image, as well as a 30-second definition representing its spirit, which is the business mission. Based on this, this article will pin-point the competition and its own position using the three indicators of performance superiority, operational excellence, and customer intimacy, by which we can find out how to develop a city that welcomes entrepreneurship. First and foremost, we must analyze the environment for startups within all aspects of performance superiority, including policies, settings, social platforms, information exchanges, capital, etc. Next, by systemizing all startup-related data into one unified platform, we can add efficiency to information organization and managerial method, which would then shorten all processes and time. Lastly, we provide a targeted and customized one-website access point service for all inquires.
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