TaipeiEcon
Inventory of all articles of TaipeiEcon
Inventory of all articles of TaipeiEcon
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Taipei City Government is actively promoting a startup strategy that consists of three main axes, namely “Investment Capital”, “Talent Pooling”, and “Facilitation of Deals”, in all-out support of the development of startup businesses. “Investment Capital” provides funding support for startups and assists them from the product concept realization to market launch phases. “Talent Pooling” focuses on the cultivation and recruitment of global startup talent, while on-campus entrepreneurship training and acceleration courses propel the development of entrepreneurs. “Facilitation of Deals”, on the other hand, relies on the “Taipei SME Procurement Program” and “Taipei-Origin Promotional Station (TOPS)” to enable startups to gain rapid access to the market. This axis also aims to deepen international links and thereby turn Taipei into a global hotspot for entrepreneurship friendliness.
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Taipei City Government is actively committed to assist industries accessing international markets and to inject momentum into the territorial expansion of the “IP industry through the IP Empower Taipei” Program. The ultimate goal is to attract a rising number of creators, brand operators, and emerging industries and to encourage startups to engage in vibrant interactions and exchanges with international entrepreneur communities and thereby explore the most recent trends and brand new business opportunities. In addition to the pragmatic implementation of the Global Startup Talents @ Taipei Program, the government relies on diversified media to bolster capabilities in the field of interactions and exchanges. It maintains its unwavering commitment to raise the international competitiveness of local enterprises and foster an urban outlook characterized by internationalization and creative vision.
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As a result of rising living standards and the vibrant development of new business models for emerging markets, a rising number of traditional markets have entered a period of gradual decline or lie idle and abandoned. Nanmen Market has harnessed its long history and the driving force of urban renewal in eager anticipation of an opportunity for a splendid metamorphosis. The interim market has played an instrumental role in turning the nearby Rongjin Gorgeous Time Park into a tourism hotspot by leveraging its favorable location, which has also precipitated opportunities for the development of a new commercial district.
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The Taipei City Government is pleased to see the development of emerging technology industries. Using “problem setting by the government, problem solving by the industry” as a starting point, the City Government has organized the Taipei Smart City Industry Field Pilot Program to further promote the Taipei City 1+7 Fields. Cross-disciplinary technology verification has helped Taipei City strengthen its soft power, and has received international acclaim and recognition. Taipei City took the 4th place in the IMD Smart City Index 2021, becoming a model for global innovative technology.
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Taipei City ranked 4th in the 2021 Global IMD Smart City Index, which shows that Taipei is a digital city with international competitiveness. To name a few, Taipei City Government utilized various features of blockchain technology and created excellent solutions in the areas of public services, medical care and insurance. Through field testing made possible via cross-functional collaborative efforts, Taipei City Government is looking forward to introducing more blockchain-technology applications in different areas.
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Utilization of the latest technology to enhance epidemic prevention measures has become a mainstream strategy in the fight against the pandemic. By harnessing its solid capabilities in the field of ICT, Taipei City has successively rolled out numerous digital technologies to upgrade its epidemic control initiatives. These include the COVID-19 Dashboard, the expanded real-name registration, COVID-19 vaccination pre-registration, and Epidemic Prevention Taipei features of the Taipei PASS App, and the COVID-19 Relief Section. These services facilitate the epidemic prevention decision-making process and public service optimization, thereby ensuring the effective implementation of the City Government's epidemic prevention work.
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Startup hubs not only reduce entrepreneurship costs but also serve as a magnet for talent, capital, and entrepreneurs. The formation of perfect startup clusters is highly conducive to their further development. No other city in Taiwan has more startup hubs on such a large scale. Five of these Startup hubs recently inaugurated clusters have unique characteristics which have drawn wide attention and are worth further exploration.
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The Taipei City Government has actively invested in the development of innovation and entrepreneurship in the city, such as promoting entrepreneurial consulting and mentoring, talent cultivation, capital injection, and business incubation. It is also actively consolidating multi-dimensional resources to help local startups integrate with the global market. Bolstered by its achievements over the past few years, the City Government held the “2020 Taipei International Startup Week,” aimed at establishing business-friendly innovation and entrepreneurship activities and promoting close collaboration between Taipei City and the global startup scene. The “t.Hub” BOT development project, the largest startup incubation base in Taiwan, officially opened its doors to budding entrepreneurs on November 27, 2020. It has become a major highlight of Taipei's innovation scene this season by connecting startups with the well-established industry clusters of Neihu Technology Park into a mutually supportive startup-industry ecosystem. In a fiercely competitive startup market, It is hoped that the synergies from such collaborations will strengthen the momentum of enterprises in Taipei.
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Due to the impact of the pandemic on the global economy, recessionary pressures are fierce, consumer purchasing power is shrinking considerably in all countries, and financial risks are mounting. In the face of this economic crisis and recession, governments all over the world have successively adopted relief policies to shorten economic recovery times. The Taipei City Government has implemented various relief measures at the beginning of the year. Policy tools and relief resources are utilized to assist enterprises in the transformation process, facilitate the development of innovative, zero-contact business models, and enhance their competitiveness in the field of cross-border e-commerce, with the ultimate goal of warding off the impact of the pandemic by joining hands with local businesses. In preparation for the post-pandemic era, the city government continues to optimize digital service offerings and expands data access and application in the field of municipal administration to accelerate the transition of a future government with a digital ecosystem. In the latter half of the year, a series of industrial transformation forums will be organized to identify the “new normal” of future industrial development in cooperation with local enterprises.
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“Design Taipei; Dream Taipei” is an urban brand image actively cultivated by Taipei City. It also serves as an action plan for the promotion of the design industry and urban evolution. The ultimate goal is to turn Taipei City into a creative convergence platform with a design vision.
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Taipei City Government has adopted circular economy concepts as the foundation of its future administrative policies to realize a “Circular Taipei.” The goal lies in the gradual achievement of sustainable development in the four major dimensions of environment, society, economy, and culture. Taipei City Government aims to promote recycling and regeneration of urban resources, encourage lifestyles based on sharing concepts, create opportunities for industrial innovation and transformation, and intensify educational efforts to promote circular economy concepts. The government takes the initiative in assisting industries and expanding public participation with the goal of turning Taipei City into a new hotspot in the field of circular economy promotion in Asia and worldwide.
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By Lin Tong-An/TIER
Industrial transformations driven by development of emerging technologies have sparked a wave of startups in metropolitan areas all over the world. Taipei City is a conglomerate of industries, resources, and talent with a vibrant climate of entrepreneurship. Taipei City Government has been organizing “Taipei International Startup Week” since 2016 to assist startup teams in the linkage to international entrepreneurial resources and opening up of new markets. The goal lies in the creation of a sound startup ecosystem to provide the best environment for startups and entrepreneurship in Asia. The 2018 Taipei International Startup Week was held with great fanfare from November 13-18, 2018. This year’s activities were centered around the core theme of “Leap Up! Opening Up New Horizons”. The following five main events formed the backbone of the 2018 International Startup Week: StartUP@Taipei Global Linkage Forum, StartUP@Taipei Demo Day, StartUP@Taipei XR Summit, StartUP@Taipei Pavilion and Pop Up Asia. The goal of these events and activities was to demonstrate the rich innovative potential in diverse areas, catapult local entrepreneurs onto an international stage, and help create new economic models for the future.