The purpose of Taiwan SMEs Innovation Award(中小企業創新研究獎) is to politically create a climate promoting innovative R&D, so as to inspire the prosperity of SMEs. The award has been granted to over 960 SMEs that exhibited excellent performances in innovation and research development. Thirty innovative subjects will be chosen for this honor.
Business Startup Award(新創事業獎) aims at encouraging startups and enterprises to develop innovative product, technology, process or service and create premium business model. The enterprise should be established within less than 8 years and recognized by the competent authority
Service Industry Innovation Research (服務業創新研發計畫) – Research grant for companies legally registered in Taiwan, not including branch offices, with positive equity in the retail, logistics, restaurants, advertising, e-commerce industries.
Taipei City Industry Incentive Subsidy Project(臺北市產業發展獎勵補助計畫) has been launched by Taipei City Government. In order to encourage technology development, Taipei City is the first city government that provides R&D, brands establishment incubation, new startups, and competitive industries to develop key industries. Companies registered in Taipei or SMEs are eligible to apply.
Young entrepreneurs aged between 18 and 45 who are eligible for the Young Entrepreneur Financing Loans(青年創業及啟動金貸款) can apply for the loans at preferential interest rates when they are getting their new businesses off the ground, and benefit from the provision of direct credit guarantees to the 80%-95% range by the SME Credit Guarantee Fund with the maximum loan amount at NT$18 million. The loan is limited to reserve required by the business, registration fees, working capital, and capital expenditures.