Taipei is planning to introduce a smart parking system in the hope of reducing traffic congestion and creating more available parking at any given time. In cooperation with five hi-tech companies, the city government will install geomagnetic sensors to transmit real-time information at 53 special parking spots within the city.
“Leap Up”, the StartUP@Taipei event will be held during the Taipei International Startup Week 2017 from November 14th to 18th.
The “2nd Annual Dragons’ Chamber Taiwan” event is taking place on November 18th, 2017 at Taipei Expo Dome. Hosted by the Canadian Chamber of Commerce in Taiwan and Enspyre, Dragon’s Chamber Taiwan aims is to provide a forum for entrepreneurs to share their business ideas in the hopes of connecting with the right people to help them turn their ideas into a reality.
Taiwan and Poland have signed two memorandums of understanding (MOUs) on Friday, October 13, 2017, one of them deals with cooperation and exchanges in the development of conformity assessment, making it the first financial supervisory MOU Taiwan has signed with a country in Central Europe.
Join us at the “2017 US-Taiwan Entrepreneurship, Commercialization & Startup Meetup” on November 14th, 2017 at the Taipei International Convention Center (TICC), 4F VIP Rm.
The bus tests are partly to prove that the autonomous-driving technology is safe to deploy on the city’s busy streets, and partly to gather the data needed to improve the artificial intelligence that steer such vehicles. The effort, one of the earliest in Asia, could help position Taiwan as both a pioneer in autonomous public transportation and, if things go according to plan, a producer of driverless buses.
The European Commission recently released a report titled "The EU Trade Policy Review," which states that the EU plans to expand its relations with Taiwan and is prepared to start negotiations with the country on investment.
As the EU is Taiwan's fifth-largest trade partner and the largest source of foreign investment, Taiwan has high hopes of starting talks on a Taiwan-EU investment agreement.
The Taiwan government's Asia Silicon Valley Development Plan (ASVDP) is moving into a higher gear, focusing more on AI applications to transportation and air pollution control and on establishing a virtual national autonomous vehicle development team.
With the help of the Israel Economic and Cultural Office in Taipei, the government of Taiwan launched the Taiwan Israel Innovation Platform, aiming to boost high-tech exchanges between the two nations.
The Finalists for the Inaugural BCCT Better Business Awards have been decided! Anemone Ventures is a finalist in the Diversity Award category. Join us for this special event on Sep. 14th at the Sherwood hotel @ BCCT Better Business Awards.
Taiwan's National Development Council (NDC) has decided to make direct investments in tech startups, aiming to build sound angel investment culture and foster as many as 30,000 new startups in the country within three years.
A five-day driverless bus test conducted by the Taipei City government has received positive feedback from government officials, system developers and members of the public. The driverless bus was able to collect mapping data and demonstrate its ability to precisely detect environmental conditions.
Taiwan's government is likely to complete raising NT$4 billion (US$130 million) in venture capital fund dedicated to investment in IoT (Internet of Things) start-ups by the end of September 2017.
Taiwan's Ministry of Economic Affairs will spend NT$5 billion (US$170 million) in the next four years setting up an open innovation service platform (OISP) to facilitate cooperative R&D programs by a total of 12,000 researchers, particularly in the fields of artificial intelligence (AI), block chain, autonomous driving and precision medicine.
Taiwan and Mainland China recently recognized for the first time the results of clinical drug tests conducted by four hospitals on both sides of the Taiwan Strait, paving the way for local pharmaceutical firms to further tap the growing mainland Chinese market.
A series of policy initiatives aimed at building Taiwan into a global information and communications technology solutions center were recently proposed by ROC President-elect Tsai Ing-wen.
The Taiwan government is planning to invest NT$170 billion (US$5.32 billion) in information technology, which is to play a major role in government policies.
Taiwan ranked sixth out of 132 countries in the Global Entrepreneurship Index (GEI) for 2016, two places up from last year.
Taiwan also led Asian countries as the most attractive place in the region to launch a start-up in the new year, according to the annual report from the U.S.-based Global Entrepreneurship and Development Institute.
Through Productivity 4.0, the ROC hopes to achieve the goals of industrial transformation and value-added industries in addition to creating a new generation of competitive products for the global market. Productivity 4.0 is a response to the Industry 4.0 policies of other countries and encompasses a wider scope.
Implementing Productivity 4.0 involves getting hold of key and core technologies. Via breakthroughs in key technologies, Taiwan’s industries could achieve industrial transformation and enhance their international competitiveness.
After nearly two months of applications, selection and panel interviews, Taiwan’s first seed accelerator – Taiwan Accelerator, has finally selected 8 out of 153 startups to provide with seed money and follow-up mentorship. In a country that does not place importance in seed investments, this is an unprecedented number of startups being invested in a single batch.
“Go west!” is the mantra Taiwanese companies lived by for the best part of three decades, turning China into their biggest trading partner. But with cross-strait relations at their worst in close to a decade, President Tsai Ing-wen is urging firms to turn south.
Taiwanese and US participants, including Microsoft Corp representatives, at a forum in Taoyuan, explored a road map for the government’s “Asian Silicon Valley Development Plan”.
Taiwan had quite impressive performance in integrated circuit (IC) design in 2014, securing 18% of the world's fabless IC market share, ranking second behind the United States, according to semiconductor market research company IC Insights.
Taiwan is expected to grab the title as the largest spender on semiconductor equipment in 2015. Taiwan's chip equipment spending is expected to total US$10.89 billion in 2015, ahead of South Korea's estimated US$8.55 billion and North America's US$6.5billion.
The government has decided to invest US$11.18 billion in the nation’s research and development (R&D) projects next year. The figure is a 2.3% decrease from US$11.45 billion this year.
Despite a smaller budget in total R&D, the government said that it will increase investment in the disaster and safety sector by 11.2% from this year, and also increase budget for small and medium-sized companies by 1.4% strengthening “selection and concentration” in the R&D sector.
The Executive Yuan has planned a fund of NT$500 billion (US$15.87 billion) to stimulate Taiwan's export-oriented economy, which has become sluggish amid a slowdown in global trade.
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