Small and Medium Enterprise Administration, Ministry of Economic Affairs No. 375 SBIR Steering Committee Approved the subsidies for 37 Entrepreneurial SBIR-Stage 2 Projects
The Small and Medium Enterprise Administration(SMEA), Ministry of Economic Affairs(MOEA) organized the No. 375 Steering Committee for the Small Business Innovation Research Program(SBIR) on April 27, 2020 in which it reviewed and passed subsidies for entrepreneurial concept open audition projects(Stage 2) for 19 projects in the technological innovation breakthroughs, 18 projects in the service development applications, totaling 37 projects proposed by SMEs. The list of approved projects is provided in the Appendix below.
SMEA stated that the projects passed in the No. 375 SBIR Steering Committee has increased the subsidized companies' investments in R&D expenditures by NT$58.97 million. They are expected to motivate SMEs in investing more R&D human resources. The SBIR is promoted to incentivize and assist R&D activities for SMEs to achieve sustainable development and growth. It also seeks to establish a comprehensive industry system based on the R&D outcomes and promote economic development in Taiwan.
Program Service Hotline: 0800-888-968; Project Website: https://www.sbir.org.tw
