2023-05-22
Small and Medium Enterprise Administration,Ministry of Economic Affairs No. 459 460
SBIR Steering Committee,Approved the subsidies for 12 SBIR Projects
The Small and Medium Enterprise Administration(SMEA), Ministry of Economic Affairs(MOEA)
organized the No. 459 460 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,4 projects in the consumer
goods and chemical industries sector, 1 project in the machinery sector, 1 project
in the information communications sector, 1 project in the biotechnology and pharmaceutical
sector, 4 projects in the services and culture creativity sector, totaling 12 projects
proposed by SMEs.SMEA stated that the projects passed in the No. 459 460 SBIR Steering Committee has
increased the subsidized companies' investments in R&D expenditures by NTD 19.639
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 achieve
sustainable development and growth. It also seeks to establish a comprehensive industry
system based on the R&D outcomes and promote economic development in Taiwan.Since the SBIR was launched in February 1999, a total of 8,860 innovation and research
projects have been executed. The government has provided subsidies of over NTD 13,378.232
million and motivated NTD 24,756.177 million in investments by SMEs. The SBIR has
made significant contributions to elevating the technology proficiency of SMEs, and
facilitating the international competitiveness and transformation of domestic industries.Program Service Hotline: 0800-888-968; Project Website: http://www.sbir.org.tw
