February 28, 2024

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Biotech Innovations Shine in Taiwan

Minister of the Ministry of Science and Technology (MoST) announced that 20 tech startup companies would showcase Taiwan’s Biotech capabilities to the world connect with the global ecosystem, resources and industries in the forum organised by Taiwan Tech Arena (TTA). There are 20 TTA startup teams are selected by industrial experts and focused on global bio-industrial market potential startups.

Taiwan has demonstrated how to democratically tackle the COVID-19 threatening and how to be a true global partner by utilising technologies. Taiwan’s efforts and commitments have drawn international attention and the relationship between Taiwan and the U.S. has become stronger than ever before in the past year. The U.S. is leading the trends of advanced science and technology development and has a vivid startup ecosystem, while Taiwan has renowned semiconductor and ICT industries and long supported technology startups.

By working together, Taiwan can speed up the transition from scientific findings into practical technology applications and create a win-win situation and achieve future possible collaborations in the US. The companies presented disruptive biotech innovations such as vocal implant system, AI Video-based telemedicine solution and detection of respiratory function with ultrasound technology.

TTA is the flagship startups program funded by the Ministry of Science and Technology (MOST). The main mission of the program is to foster entrepreneurship, innovation, and ultimately build a vibrant international tech startup ecosystem in Taiwan. TTA also aims to support startups through the integration of online and offline marketing strategies. TTA facilitates startups to move forward towards viable and more in-depth collaborations with multinationals and overseas investors.

TTA champions entrepreneurship and innovation with the goal of building a vibrant international startup ecosystem in Taiwan. TTA hopes to attract global and domestic talents that focus on AI, software, semiconductor and actively supports the growth of technology industries by bringing in startups, accelerators, venture capital, and corporate partners under one roof; providing access to disruptive technologies and expertise from across the globe to create value for new innovative ventures.

One of the TTA’s goals is to build an international tech startup environment in Taiwan by building a strong network consisting of five pillars: talent from academic R&D, international accelerators, corporate partners, international links and capital market access.

With the joint forces of global and domestic partners behind us, TTA will be the ideal platform for talent to form new tech ventures, for startups to find talent, for startups and corporations to collaborate and co-create, and for investors to connect with valuable investment targets.

TTA will significantly contribute to building a vibrant international tech startup ecosystem in Taiwan; ultimately, making Taiwan a key destination for the next generation of entrepreneurs from all over the world to start their tech venture journey.

As reported by OpenGov Asia, TTA aims to help Taiwan startups overcome the obstacles caused by the pandemic by actively leading startups to seize international business opportunities through digital connections.

Due to reduced operations or shut down in the global market due to the COVID-19 pandemic, TTA actively utilises digital connections to continually seize post-pandemic business opportunities for Taiwan startups. Although the pandemic has stalled face-to-face business meetings, it is also a turning point for developing digital service and technology.

TTA grasps this opportunity to embrace a new startup assistance model. Not only have online mentor office hours to ensure continuing support for the teams.  It has also compiled comprehensive relief resources for startups to respond to the pandemic.

Taiwan startups have gained worldwide recognition as five Taiwan startups have brought home four winning awards. Through a virtual networking platform, TTA also provides a gateway for global enterprises and investors to engage with Taiwan’s technology resources.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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