Mr. Wu Den-yih, Vice President of the Republic of China, personally attended IEI forum and gave his encouragements. We also had the rare opportunity of inviting two of the world’s top entrepreneurship researchers – Alicia Robb, Senior Research Fellow with the Kauffman Foundation, and Professor Hooi Den Huan of Singapore’s Nanyang Technological University. They shared trends of the global entrepreneurship market and Asia’s entrepreneurial niche, and further engage in exchanges with Taiwan’s outstanding young entrepreneurs and entrepreneurship researchers.
GEW – Young, Energy, Start-up – YES Taiwan
This event is kick-off for the Global Entrepreneurship Week (GEW) and continues the core spirit of “Young, Energy, Start-up – YES Taiwan” along with over 138 countries around the world. Taiwan’s results will be even more abundant this year under the diverse entrepreneurship activities organized by government departments, universities, incubation centers, and private organizations. The activities fully tap Taiwan’s potential for creativity, entrepreneurship, and innovation, and encourage our youth who aspire and dream of becoming entrepreneurs to take part in a series of entrepreneurship courses, competitions, lectures, and product presentations.
Activities of the GEW allow countries to cross over geographical boundaries and share their entrepreneurship results. For the success of this event, YCDA made all efforts to invite domestic partners of entrepreneurship development to bring their activities into this event. A total of more than 30 organizations brought 46 activities and 25,000 participants to this year's GEW-Chinese Taipei relay.
SME Start-up in Taiwan
What is more, The Small and Medium Enterprise Administration (SMEA) not only provides the guidance for GEW activity relay in Taiwan, but provides complete start-up services and resources for a new generation of entrepreneurs to fully utilize their talents. These include the five services announced when Start-Up Taiwan was launched early this year, which includes creating an excellent start-up environment by providing consultation services, entrepreneurship courses, guidance, and encouragement.
On the funding side, the SMEA will continue to show full support for enterprises, and will merge the “Youth Start-up Loan” with the “Youth Dream-building Program” into the “Young Entrepreneur Start-up Loan.” Qualifications will be relaxed so that entrepreneurs who hold 20% or above of shares will be eligible to a maximum loan of NT$12 million. This is encouraging news to both young entrepreneurs who are thinking about starting a company and current business owners.
We hope that, entrepreneurs in Taiwan can have a better environment of the entrepreneurship involvement and development. At the same time, we hope that we can create a prosperous entrepreneurship village and share the results over the world.