Radio Taiwan International
Date: 2018-02-22

Premier William Lai and other top government officials announced on Thursday that the government is aiming to have a new unicorn status company every two years. A unicorn company is a privately held startup company with a current valuation of US$1 billion or more.

There are 228 unicorn status companies in the world and Taiwan currently has none. The goal is for Taiwan to have one within the next two years. In the second stage, Taiwan should have 3 more within 6 years. Taiwan also has the long term goal of having a new unicorn company every two years.    [FULL  STORY]