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Taiwanese Startups Aim for Global Visibility and Funding at CES


Over 40 Taiwanese startups will participate in the annual Consumer Electronics Show, one of the world's largest technology extravaganzas, Minister of Science and Technology Chen Liang-gee said.

Forty-four firms will take part in the Las Vegas trade event that runs from Jan. 8 to 11 as part of Taiwanese government efforts to foster connections between fledgling companies and global markets, Chen said.

“Taiwan should enlarge its mindset to include global markets based on our own plans and strategies for the fields of technology and innovation,” Chen said.

“There is no need to limit ourselves. We should have no boundaries.”

It will be the second time for Chen's ministry to sponsor Taiwanese startups to attend the CES, after a total of 32 firms participated in 2017.

The CES showcases futuristic innovations, with "smart" devices using various forms of artificial intelligence expected to be a major focus.

At the 2017 show Taiwanese startups were able to garner nearly NT$3 billion in funding, with two companies, Robotelf and iXensor Inc., winning awards.

Chen said his ministry this year has enabled participating Taiwanese companies to attend an even wider variety of programs and networking events in hopes this will bring them even more funding and recognition.

The ministry also arranged for a group of professionals from Silicon Valley to visit Taiwan and share their experiences of pitching ideas to investors with the selected Taiwanese companies.

Improving Taiwan’s Startup Ecosystem

This comes as part of an overall ministerial effort to improve the island’s startup ecosystem. The most prominent example of the ministry's work is Taiwan Tech Arena, the first government-backed incubator.

Established last year, Taiwan Tech Arena includes four global accelerators cultivating 29 Taiwanese startups and 23 foreign ones, Chen said in September.

Feliciana Hsu
English journalist and PR for Global Affairs

Feliciana gained her MSc of Media Power and Public Affairs from Royal Holloway, University of London.

After graduating from London, she started her career of being journalist at Business Next Media and Meet Startup @TW Website, and specializes in interviewing about innovation and technology.

Within her career, she has interviewed various experts in their field, including Mr.Jimmy Wales, founder of Wikipedia; Fleur Pellerin, former French Minister of Small and Medium-sized Enterprises and Sir Christopher Pissarides, Nobel Prize Laureate in Economic in 2010.