K. Yu says, "The TA accelerator program will host three batches a year and that teams applying do not need to submit a lengthy business plan. They simply need to fill out the online application form and shoot a one-minute video clearly introducing their business model and competitive advantage. All of the selected teams will receive seed funding of NT$1 million followed by an eight-week training camp. The camp culminates in a Demo Day, giving teams the opportunity to acquire more funding from angel investors, venture capital firms and public companies."
In order to strengthen Taiwan's incubation resources and international links, as well as actively promote the crucial role capital markets play in the entrepreneurial environment, TA has launched its first phase under the guidance of the SME Administration of Ministry of Economic Affairs, and in collaboration with InnoSquare, NCTU Industry Accelerator, Feng Chia University and Chaoyang University of Technology. TA will connect the business and investment sectors with the Chinese Business Incubation Association, Taiwan Business Incubators Alliance, European BIC Network, Taiwan Globalization Network, and other top domestic and international incubation centers to create a global partnership network of "Industry, Government, Academia + Capital Markets".
TA has now begun taking applications and all startup teams with creativity and a sound business model are strongly encouraged to apply. For more details, please visit: http://www.accelerator.tw/
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SOURCE Taiwan Accelerator