IEIT is provided by the Small and Medium Enterprise Administration, Ministry of Economic Affairs (MOEA SMEA) to help more international entrepreneurs discover Taiwan and assist them in building vibrant businesses.
In Taiwan, more than 97% of enterprises are SMEs and about 100,000 new companies are founded every year. Taiwan has a growing and vibrant startup community that has produced startups that are set to transform industries like transportation, energy storage, social advertising, online interaction and online safety and privacy controls. Just to name a few.
There are many reasons why you should start your company in Taiwan or set up a branch office here:
Taiwan, especially Taipei, has a very international startup community with events and meetings held in English and other languages.
With a low cost but extremely high quality of living, your resources will last you longer, giving you more time to build your business.
There is a strong foreign business community that can help you build networks.
If you feel like an accelerator is for you, we have organizations like AppWorks, Garage+ and Orange Telecom (France) all running powerful programs.
Taiwan has a lot of domestic funding sources and all the regional and international pitch events and accelerators come to Taiwan to recruit teams.
Both national and city governments have grants and subsidies we encourage international entrepreneurs and SMEs to apply for in order to build their businesses in Taiwan.