Amazon to Establish Innovation Center in Taiwan

The New Taipei City Government and Amazon Web Services (AWS) - a cloud-computing subsidiary of Amazon Inc – plan to establish a joint innovation center in the city. The center is to provide training and technical assistance to small and medium-sized enterprises and to help schools cultivating talent.

Taiwan will primarily benefit from the intellectual capital of AWS as well as its connections to more than 190 nations worldwide. AWS has not invested funds, however, FCC Partners (middle-market cross-border M&A financial advisory services in the Greater China Region) has been authorized to integrate resources for the company to incubate start-ups and cooperate with universities. AWS plans to support at least 15 start-ups each year.

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