Over the years, III has assisted enterprises applying for government incentive subsidization policy tool, launching multinational partnering platform CONNECT TAIWAN for innovative entrepreneurs and venture capitalists to assist enterprise in fund raising. For the development of emerging industries, four incubation centers were established in Taipei, Kaohsiung, and Vietnam.
III actively collaborates with organizations in the industry and the academia worldwide. To construct a platform of international venture capitals, talents, technology and market which could lead the industry moving toward innovation development, III has launched CONNECT TAIWAN. The aim is to assist the government to operate the incubation centers that provide 6 major categories of service for the startup companies including assistance, value added innovation, incubation network, investment partnering, and international cooperation. This intends to also promote a modern, highly technological entrepreneurship atmosphere for the revitalization of entrepreneurial and innovative spirit in Taiwan. The objective of III is to assist domestic enterprises in being international visible, to improve communication network, and to enhance the global competitiveness of Taiwan businesses.
The current key tasks and accomplishments are as follows:
The operation of Nankang Software Incubator.
Corresponding to the government’s national strategic project of software industry development, III accepted commission of Taiwan government in 2002 to operate Nankang Software Incubation Center. By effectively utilizing the accumulated experience and resources in technology development, market intelligence, science and technology law, industry promotion, and professional talent training, III incubates emerging new companies with advanced technology and market development potential of IT Software, multimedia (digital contents), embedded system, network communication, e-Business, science and technology services and other application domains, and assists the existing software companies in the upgrading transition. According to the different development stages of a company, III provides complete incubation process to enhance the exuberant growth of the domestic software industry in becoming a new, leading industry.
The operational content includes: the support of facility and installation, administration management, technology research, marketing and alliance, business and law consultancy etc. Through diversified database, III provides latest IT software information, investment and financial loan, and consultancy services to companies. The incubation achievements until the present are quite impressive that is why a total of 73 companies (41 of them are startup companies) has succeeded, and 42 companies are currently undergoing the incubation process.
The operation of ITeS Incubation Center.
IT-enabled Service industry in Taiwan. ISI selects specific emerging SMEs in the industry chain, and provides companies with various guidance services in operational management in accordance to the demands of the international market. The incubation scope includes digital contents, manufacturing, finance, logistics, leisure entertainment, information, communication, medical cares, biotechnology etc, which combines incubation specialty, core capability, and industry/academia/research institutes’ resources toward transition or scalability, international development, for establishing a new emerging service industry demo window. The objective is to establish a model incubation base in Taiwan for the advancement of the ICT industry and create the Blue Ocean Strategy in Taiwan.
At present, III has combined the service energy of Nankang Software Incubation Center, Kaohsiung Software Incubation Center, Vietnam Incubation Center, and this ISI to assist and integrate all the rest of the Incubation Centers and the Incubation industry in Taiwan to form an industry cluster for exchanging information and sharing experiences. Consequently, III will be corresponding with the government’s policy and assist the domestic industry to establish an industry cluster as well as to effectively create market opportunities in important cities in PRC China.
The benefits of the New Generation Network application and innovative service for the globalization of enterprises.
In 2007, III implemented the “New Generation Network Application Incubation Project”, which successfully promoted the new generation network innovative service and formed a creative cluster convergence for Taiwan network services. Thus, to establish the incubation environment, III and Taiwan Internet Association constructed web 2.0 “Tri Networks Integrated Service Incubation Platform”, the sole service incubation platform, to combine mobile communication network, wireless network, and cable network, and incubate more than 60 newly created network services in operation. III collaborated with IDG Network conglomerate in a DEMO Show and developed the “6-Minute Presentation Skill” to assist domestic companies in effectively presenting their specific products. In 2008, 5 innovative services incubated by the “New Generation Network Application Development Project” were awarded by the assessing committee with the DEMO GOD prize, and the 2008 award of “Star of Innovation” in China. In 2009, III assisted the Taiwanese Innovation Service Team to go through the localization and globalization process and successfully obtain business opportunities in the international market. This example of the Taiwan network service innovation allowed for an entry into the international market and created a new image worldwide.
The construction of service platforms for high tech entrepreneurs and investment development.
With the advent of knowledge economy and the trend of global competition, the performance of enterprises has surpassed the national standards. In 2005, III invited ITRI, Biotech Development Center, Venture Capital Association of Taiwan, and other institutes totaling to 11 organizations in Taiwan, founded CONNECT TAIWAN and was given the role of secretariat, an international, innovative partnering platform which is among the Global CONNECT network bases in San Diego in USA. CONNECT TAIWAN’s main activities are centered around venture capital partnering forum, industry clustering, and cross industry partnering including selection of potential venture cases, offering well structured mentorship programs, and provision of consultancy services in connecting with the international platform. It promotes the innovative entrepreneur’s practical experience on international platform for the global market, venture capitals, or business partners. Up to now, CONNECT TAIWAN has established 4 charters respectively in Taichung, Taoyuan, Yilan, and Hsinchu, and held more than 30 partnering forums annually with over 1500 participants from the enterprise and consultancy sectors. They have raised venture funds amounting to NT$4 billion. CONNECT TAIWAN has successfully raised international visibility and the innovative image of Taiwan by offering Taiwan SMEs free international marketing and sales channels. In December of 2005, CONNECT TAIWAN sponsored the 3rd Annual Global CONNECT Conference in Taipei, which is the first time the conference was held within the Asian region. In 2008, 8 Taiwanese startups were recognized with the Red Herring Asia 100 Winners Award with the assistance of CONNECT TAIWAN.
The promotion of core competitiveness for the digital content industry and the software industry in southern Taiwan.
In cooperation with the project of expanding the Kaohsiung Software Park to become an innovative science and technology development park in “i-Taiwan 12 construction plans” by the government, SMEA (SME Administration) of MOEA enhanced the development of the southern economy and industry, particularly the relevant software industry clustering effect, and established the Kaohsiung Software Incubation Center. SMEA combined with III, which boasts of a rich know-how and industrial counseling experience, incubates the IT Software industry of the southern region. The incubation domain of Kaohsiung Software Park includes Digital Content, IT Software, Science and Technology embedded Service, and Mobile Service related industry, and forms a strong dual-core incubation of software industries with the Nankang Software Park of Taipei.
Moreover, in order to respond to the promotion policy of Cultural Creativity by the government and the world-wide trend of Cloud Computing, Kaohsiung Software Incubation Center will actively assist southern industries with the transition or entering the domain of Cloud Computing and Digital Content, and further form a new cluster in southern Taiwan. At present, 14 companies have participated in the Cloud Computing R&D Project to expand the clustering effect. Such clustering effect also promotes development of the IT industry in southern Taiwan.