24 May 2019 | News
Taiwanese startups receive 4.5 Million Euros
Following the successful visit to Viva Tech 2019 in Paris, Taiwan's Ministry of Science & Technology (MOST)'s Taiwan Tech Arena (TTA) and a group of Taiwan startups, led by Director-General Chyou-Huey Chiou, exhibited at Luxembourg's ICT Spring annual convention, resulting in a 4.5 million Euro partnership agreement with Swiss company, Becare, and French company, Janssen (a Johnson & Johnson subsidiary). The Luxembourg visit also strengthened the network of startup resources between the Taiwan and the European market, paving the way for more future partnerships.
For the first time, Taiwan's Ministry of Science & Technology visited ICT Spring 2019 and the City of Luxembourg, creating a gateway for the exchange of startup resources between the two countries in building a global startup ecosystem.
Director-General, Chyou-Hui Chiou, from the Ministry of Science & Technology (MOST) - Department of Academia Industry Collaboration and Science Park Affairs, remarks that "in recent years, MOST has extensively researched and cultivated the position of Taiwan innovation in the global corporate market. Besides the ongoing development in the software, semi-conductor, and artificial intelligence sectors, smart health tech has also come into focus as an important sector for Taiwan."