MOEA Invests Over NT$12.9 Billion in 25 Years, Subsidizing 8,100 SME Innovation Projects
NQ Score
50/100
N1 Content Completeness
10
AI Summary (NQ-processed)
The Ministry of Economic Affairs' Small and Medium Enterprise and Startup Administration has promoted the 'Small Business Innovation Research' (SBIR) program for over 25 years, subsidizing over 8,100 projects with NT$12.9 billion and driving NT$24.2 billion in R&D investment. This year's budget is approximately NT$350 million, with applications up nearly 20% year-on-year, led by the service and ICT sectors.
AI Analysis
Frequently Asked Questions
- Q: What is Taiwan's SBIR program?
- A: A subsidy program provided by the Ministry of Economic Affairs to support technological innovation in small and medium-sized enterprises.