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MOEA pushing entrepreneurship in southern Taiwan

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MOEA pushing entrepreneurship in southern Taiwan

Bryan Chuang, Taipei; Joseph Tsai, DIGITIMES

Following the announcement of an funding of NT$4.5 billion in Taiwan Tech Arena (TTA) in northern Taiwan for selling entrepreneurship and innovation, Taiwan’s Ministry of Economic Affairs (MOEA) can be set to fortify rising industries in Kaohsiung, southern Taiwan.

Kaohsiung has been eager on developments in synthetic intelligence (AI), IoT and 5G, and economics minister Mei-Hua Wang has promised to supply help for them to acquire assets from buyers worldwide and set up experiment fields domestically to assist them check out their options.

In the long term, the MOEA is seeking to flip Kaohsiung into an illustration website for companies equivalent to sensible retailing, sensible manufacturing, sensible medical care and AR/VR, Wang stated.

So far, Kaohsiung has a complete of 15 startup incubators, 5 innovation parks and 10 co-working areas established particularly for startups. One of the parks has already recruited 30 startups which might be dedicated to the event of AI, IoT, blockchain and FinTech.

In the following two years, the ministry will host extra matchmaking actions for startups in Kaohsiung, and from 2023-2027, it can focus extra on serving to the startups discover worldwide investments, Wang added.



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