Incubator project assists firms to upgrade, make forays into global markets

Taiwan News
Date: 2020/10/07
By: Huang Tzu-ti, Taiwan News, Staff Writer\

TAIPEI (Taiwan News) — Microsoft Taiwan held an event Tuesday (Oct. 6) related to the implementation of the Microsoft Accelerator initiative that has empowered more than 30 Taiwan-based startups since its launch in 2019.

A total of 18 companies were featured in the event, hailing from sectors such as artificial intelligence, internet of things, data analysis, AR/VR, blockchain, finance, healthcare, and smart retailing, wrote iThome. The incubator project is supported by the Ministry of Economic Affairs.

According to Peter Hu (胡德民), general manager of Microsoft Taiwan’s Solutions & Technical Unit, the program has received a combined investment of NT$380 million (US$13 million), delivered 61 corporate collaborations, and created business opportunities worth NT$530 million. Seven of the enrolled startups have become global partners of Microsoft.

Those selected have been able to access resources including office facilities at the government-sponsored Taiwan Startup Terrace (林口新創園) in New Taipei, software products, and consultation services in marketing, public relations, legal affairs, and more 
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