The Ministry of Economic Affairs (MOEA) and the Financial Supervisory Commission (FSC) jointly hosted the "2026 Awards Ceremony for Outstanding Financial Institutions and Credit Managers in SME Credit Guarantee Financing" on March 16,2026, recognizing exceptional contributions to SME financial support. Attended by Premier Cho Jung-tai and government officials, the ceremony honored 40 outstanding financial institutions and 20 distinguished credit managers for their exemplary performance.
In his address, Minister of MOEA Kung Ming-hsin emphasized that SMEs are the cornerstone of Taiwan's economy and home to numerous "hidden champions," with Small and Medium Enterprise Credit Guarantee Fund of Taiwan (TSMEG) serving as the vital backbone of their growth. Since its inception, TSMEG has facilitated over 9.35 million guarantee cases, supporting more than NT$28 trillion in financing. Minister Kung noted that Taiwan's credit guarantee mechanism has become a model for APEC member economies and other nations worldwide, and he encouraged SMEs to continue building their core competencies, actively expanding into international markets.
To address global market challenges, MOEA launched the "MSME Revitalization and Development Plan" in 2025. This initiative aims to accelerate the digital and net-zero to accelerate digital and net-zero transition for MSMEs. To date, the program has approved over 82,600 applications, injecting NT$218.8 billion into the sector. Additionally, project measures have been introduced to assist exporters in navigating U.S. tariff adjustments, thereby strengthening the resilience of the overall industrial supply chain. Looking ahead, MOEA remains committed to deepening its strategic collaboration with the financial sector through the credit guarantee mechanism, ensuring that SMEs remain stable and continue to thrive amidst global economic fluctuations.