2024-07-22
Small and Medium Enterprise and Startup Administration, Ministry of Economic Affairs
No. 486 487 SBIR Steering Committee Approved the subsidies for 18 SBIR Projects
The Small and Medium Enterprise and Startup Administration(SMESA), Ministry of Economic
Affairs(MOEA) organized the No. 486 487 Steering Committee for the Small Business
Innovation Research Program (SBIR) in which it reviewed and passed subsidies for innovative
technology/service research projects for 1 project in the electronic sector, 2 projects
in the information communications sector, 3 projects in the machinery sector, 3 projects
in the biotechnology and pharmaceutical sector, 3 project in the consumer goods and
chemical industries sector, 6 projects in the services and culture creativity sector
, totaling 18 projects proposed by SMEs.SMEA stated that the projects passed in the No. 486 487 SBIR Steering Committee has
increased the subsidized companies' investments in R&D expenditures by NTD 30.59
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 facilitate
growth. It also seeks to establish a comprehensive industry system based on the R&D
outcomes and promote economic development in Taiwan.In the most recent three years, a total of 1,585 innovation and research projects
have been executed. The government has provided subsidies of over NTD 1,012.80 million
and motivated NTD 1,951.20 million in investments by SMEs. The SBIR has made significant
contributions to elevating the technology proficiency of SMEs, and facilitating the
international competitiveness.Program Service Hotline: 0800-888-968; Project Website: https://www.sbir.org.tw
