The international entrepreneurial cluster-Startup Terrace has been grandly opened

On October 17th, it is a crucial day for Taiwanese startups. The international entrepreneurial cluster is accumulating Taiwan Startups energy – Startup Terrace has been grandly opened today.

President of the Executive Yuan  Mr. Tseng-Chang Su, Minister without portfolio Mr. Ming-Hsin Kung, Political Deputy Minister of Ministry of the Interior  Mr. Jing-Qun Hua, Deputy Minister of Ministry of Science and TechnologyMr. Yu-Chin Hsu, Minister of MOEA Mr. Jong-Chin Shen, Deputy Minister of National Development Council  Mr. Cheng-Mount Cheng, Deputy Mayor of New Taipei City  Mr. Ming-Ji Wu, Legislator of Legislative Yuan Ms. Karen Yu, Legislator of Legislative Yuan Ms.Sun-Ling Lu, Deputy Director-General of SMEA, MOEA  Ms. Betty Hu, Representative of Canadian Trade Office in Taipei Mr.Jordan Reeves, Chairman of ITRI Mr.Chih-Kung Lee, Chairman of TCA Mr.Tzu-Hsien Tung, and several contributors were invited to present this wonderful event.

 

【Driving Startups through Industrial Advantages

24701First of all, the deputy mayor of New Taipei City Ming-Ji Wu mentioned that about 23% of Taiwan’s manufacturing industry is concentrated in New Taipei City, which is a veritable manufacturing town. In addition, in terms of startup, the New Taipei City Government has tried their best to promote various projects, in addition to the establishment of the first startup accelerator created by the local government, “Innosquare”, integrating of resources across the bureau, and linking with Startup Terrace. Hoping to attract international startup teams through the above advantages, also improve the local development.

 

【International Networking is the key point

Minister of MOEA Mr. Jong-Chin Shen and Political Deputy Minister of Ministry of the Interior  Mr. Jing-Qun Hua took the international networking as the core topic, in addition to explaining how the Athlete’s Village of Taipei Summer Universiade was transformed into a startup cluster. And said, AI, IoT, 5G, big data, and medical industry are the main directions in the future, and happy to announce that Startup Terrace already attracted 132 startups and international accelerators from 10 countries to station. Hoping Startup Terrace becomes a major international entrepreneurial cluster in Asia through connected from international technology, capital, and resources.

 

【Startup Terrace just the beginning

24722President of the Executive Yuan Mr. Tseng-Chang Su said that the Executive Yuan is committed to creating a more favorable startup environment through policies such as “Digital Country, Innovative Economy” and “Optimizing New Investment Action Plan”, and also create the financial supervision sandbox to allow entrepreneurs have more way to achieve their goal. He also mentioned that through the integration of national resources, connecting with various ministries, it has already successfully integrated youth entrepreneurship into social housing and became an international new cluster. But this is just the beginning. The “Startup Corridor” will be the ultimate goal. Through the transformation and upgrading of small and medium-sized enterprises, Startup Terrace will be linked with Asia Silicon Valley, ITRI and Taipei Arena. Hoping can encourage more international startups to Taiwan and drives Taiwan’s industrial transformation with innovative energy.

New Immigration Voice

According to government statistics, one out of forty workers in Taiwan comes from ASEAN countries. There have been more than 540 thousand foreign spouses since 1998, and one in three of them is from ASEAN countries. On top of that, 20 percent of newborn babies are these ASEAN workers’ descendants. As a consequence, these ASEAN fellows and their children are significant to us. However, we found that they are mainly blue-collar workers. Despite the fact that some may open start their own business, these businesses are mostly restaurants or food stands.

In order to improve current situations, STARTBOARD is going to launch the “#NewImmigrationVoice” project, hoping that through the support from the government, we can cooperate with these spokesmen to build up a platform for starting up their own business and addressing their thoughts.

This forum is the bridge of connection and the prologue of the “New Immigration Voice” program, allowing each of us to have a more profound understanding of the descendants of ASEAN immigrants.

To most descendants of ASEAN immigrants, the discovery of self-identity is a time-consuming journey. Along the way, they may encounter numerous ups and downs. However, as they move on, more thoughts and opinions regarding their parents’ hometown and their identity may come to them.

The three descendants of ASEAN immigrants are fortunate to find their roles in life. They are now proud of who they are, able to make use of their strengths to begin a new chapter of their lives. Yet, not all descendants of ASEAN immigrants are fortunate enough. Some may still be searching, while some may still be in shadows.

This is the point of the “New Immigration Voice” program. Through the collaboration between STARTBOARD and descendants of ASEAN immigrants, we hope to raise more voice and bring about a friendlier environment for ASEAN immigrants and their descendants alike.

Brand Ambassador Program

There are many international students in Taiwan who have the idea of starting a business. However, because there are no resources and channels to consult and assist, STARTBOARD has established an ambassador program and recruited 11 international students from 7 different countries to become STARTBOARD Brand ambassador.


Hoping to promote the core value of STARTBOARD  and encourage more students to start their own business in Taiwan, make their dream come true.

The next step of Taiwanese startups? Integration of the startup ecosystem

On September 25th, STARTBOARD is honored to participate in the TTA startup Dinner Gathering which TTA invited the National Development Council, Small and Medium Enterprise Administration, the Ministry of Science and Technology and other ministries to participate in relevant series of events, expecting to connect and integrate the resources of various ministries. The purpose is aiming for utilizing various resources and moving towards the international arena with building up the startup ecosystem in Taiwan. TTA invited Director-General of SMEA, Mr. Ho Chin-Tsang, Director General of Department of Human Resources Development, NDC-Ms. Gyh-Mei Lin, Director General of Department of Academia-Industry Collaboration and Science Park Affairs, MOST- Mr. Chiou,  Assistant CEO of National Biotechnology Research Park -Dr. I-Chien Jan (IC), President of CDIB Capital Innovation Accelerator- Mr. Ryan Kuo, Director of Research Division III, Taiwan Institute of Economic Research- Mr. Xin-Wu Lin, President of Business Next Publishing Corporation- Ms. Katie Chen, Sales Manager of TCA- Mr. Chen, Manager of Taiwan startup-hub-Mr. Lau Liu and Founder of AMEASS-Mr. Wu to participate in this wonderful event.

【Integration of the Taiwan startup ecosystem】

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First of all, Director-General of SMEA, Mr. Ho Chin-Tsang, Director General of Department of Human Resources Development, NDC-Ms. Gyh-Mei Lin and Director General of Department of Academia-Industry Collaboration and Science Park Affairs, MOST- Mr. Chiou based on the startup blueprint for the future, mentioned how ministries integrate and cooperate so that the startup teams can acquire more comprehensive resources and assistance. Besides, the Director-General of SMEA, Mr. Ho Chin-Tsang also announced that Startup Terrace will officially open on October 17th, hoping this international startup campus project can bring a positive impact to entrepreneur communities and the startup ecosystem. By helping young people to start their own business and inspire social innovation which can drive the industries transformation. By doing so, it will generate the momentum of economic growth.

【Networking is more important than anything】

21128Dr. Jan mentioned that the purpose of this event was not only to integrate the resources of various ministries but more importantly, the connection of people. In this venue, there are lots of startup teams, media, startup hubs and government departments from various fields and industries. This was a fascinating opportunity to meet with those elites surrounding you and having further discussions with them. You may have a better understanding of your strengths and weaknesses, and even find a partnership opportunity with other attendees. At the end of the speech, Dr. Zhan encouraged everyone to expand their networking by starting a conversation with at least three people and answering to more than three questions.

Indispensable character of entrepreneur

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The conclusion was given by Director of Research Division III, Taiwan Institute of Economic Research- Mr. Xin-Wu Lin, focused on the 2019 Taiwan Startup ecosystem Survey, he outlined the development of Taiwan’s entrepreneurial ecology. He hoped through this survey report can deepen the understanding of Taiwanese entrepreneurs’ situation. And he mentioned that entrepreneurship is an indispensable character of entrepreneurs, it can help entrepreneurs overcome the challenges during the entrepreneurial journey but also one of the most important forces for economic development.