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Ministry of Economic Affairs Hosts APEC SME Workshop, Inviting Member Economies to Facilitate Low Carbon Transformation Through Digital Innovation
2024-06-13NEW

Ministry of Economic Affairs Hosts APEC SME Workshop, Inviting Member Economies to Facilitate Low Carbon Transformation Through Digital Innovation

The Small and Medium Enterprise and Startup Administration (SMESA) of the Ministry of Economic Affairs (MOEA) hosted the APEC Digital Innovation to Implement SMEsLow-Carbon Transformation Workshopon June 12-13. Experts from the public sector, industry, and academia from Japan, Indonesia, Malaysia, Peru, the Philippines, Viet Nam, and Thailand, as well as leading MNEs, Merck Life Science and Siemens, were invited to participate in the workshop. The event aimed to not only raise awareness of green transformation among APEC economies but also lead participating SMEs from member economies in practical exercises, utilizing innovative low-carbon solutions to assist SMEs with low-carbon transitions.Dr. Chin-Tsang Ho, Deputy Minister of Ministry of Economic Affairs, emphasized the importance of addressing climate change through digital technology in his opening remarks. He stressed that Taiwan s Pathway to Net-Zero Emissions in 2050,implemented in 2022, aims to drive industries to meet supply chain and global green initiative requirements. Following the pathway, the government encourages core factories to lead both upstream and downstream supply chain partners in carbon reduction efforts. By collaborating with industry associations, the government aims to enable SMEs to conduct digital carbon inventories and reduce carbon emission. In addition, the government provides relevant grants and loans to alleviate the financial pressure of upgrading and transitioning, and to accelerate the advancement towards smart and low-carbon practices. The MOEA welcomes APEC economies to participate in this workshop, and hopes that the knowledge and skills acquired from the workshop will be beneficial for the SMEs of the member economies.The SMESA noted that award-winning enterprises and startups from the Green-Tech Startup Challengewere invited to share their collaboration experiences of green technologies and innovative low-carbon solutions. This workshop aimed to increase green resilience for SMEs and, through digital empowerment, enhance the ability of startups and women-owned enterprises to participate in supply chains.The SMESA also noted that the workshop included corporate visits by participants from APEC member economies such as Indonesia, the Philippines, Thailand, Vietnam, Malaysia, and Peru, to Hushan Industrial Co., Ltd., and O right International Corporation, Taiwan s role models in carbon reduction and achieving net zero. The carbon-reduction learning from these corporate visits, combined with courses led by KPMG Carbon Resource Assurance and Advisory Services Co., Ltd. and the Plastics Industry Development Center on two main topics: The Process to Conduct Digital Carbon Inventoryand Leveraging Digital Innovation to Reduce Carbon Emission,were designed to enhance attendeesuse of digital innovation solutions to achieve carbon reduction.The SMESA stated that in response to the twin trends of green and digital transitions, the SMESA will continue to collaborate with APEC member economies to assist SMEs with their green transformation, implementing initiatives aimed at enhancing green competitiveness and promoting sustainable and inclusive growth.

SMESA and AWEX Join Forces to Build Taiwan-Belgium Cooperation Network, Assisting SMEs in Entering International Markets
2024-06-07

SMESA and AWEX Join Forces to Build Taiwan-Belgium Cooperation Network, Assisting SMEs in Entering International Markets

The Small and Medium Enterprise and Startup Administration (SMESA), the Ministry of Economic Affairs (MOEA) organized the Taiwan and Belgium Business Matchmaking event at Taipei Nangang Exhibition Center Hall 2 on June 7, 2024. This event focused on digital technology, and representatives from over 30 SMEs from Taiwan and Belgium were invited to engage in business matchmaking to assist Taiwanese SMEs in expanding business opportunities in the European market.The SMESA stated that both Taiwan and Belgium rely on SMEs as their main force for economic development. Located in the central heart of Europe, Belgium offers an ideal landing spot for Taiwanese companies looking to expand into the EU market due to its geographic location, skilled workforce, and logistical conditions. Meanwhile, Taiwan, situated at the hub of the Asia-Pacific region, possesses abundant ICT research and development capabilities as well as industrial supply chains, making it a springboard for European and American SMEs to enter the Asian market.By leveraging their complementary strengths, Taiwan and Belgium can accelerate SMEsentry into international markets. In recent years, the SMESA has continuously collaborated with the Wallonia Export and Investment Agency (AWEX) to organize panel discussions, themed exchanges, and business matchmaking to promote exchanges and innovative cooperation opportunities between SMEs from both sides.The SMESA pointed out that AWEX has led business delegations to Taiwan for two consecutive years to participate in InnoVEX and organize business matchmaking. This year s event featured 9 Belgian companies and incubators, covering fields such as digital transformation, green technology, smart manufacturing, and smart cities. This event attracted 22 Taiwanese companies and incubators, including Microip, IPEVO, BILINK, OmniEyes, AIRA, Sunsino, and TMU BioMed Accelerator to participate in one-on-one in-depth business discussions. By establishing the Taiwan-Belgium enterprise exchange platform, this event aimed to accelerate the connection of Taiwanese SMEs with European partners and resources, fostering more significant international linkages and opportunities.

Small and Medium Enterprise and Startup Administration, Ministry of Economic Affairs No. 482 483 SBIR Steering Committee Approved the subsidies for 9 SBIR Projects
2024-05-20

Small and Medium Enterprise and Startup Administration, Ministry of Economic Affairs No. 482 483 SBIR Steering Committee Approved the subsidies for 9 SBIR Projects

The Small and Medium Enterprise and Startup Administration(SMESA), Ministry of Economic Affairs(MOEA) organized the No. 482 483 Steering Committee for the Small Business Innovation Research Program (SBIR) in which it reviewed and passed subsidies for innovative technology/service research projects for 2 projects in the electronic sector, 2 projects in the information communications sector, 1 project in the machinery sector, 1 project in the biotechnology and pharmaceutical sector, 1 project in the consumer goods and chemical industries sector, 2 projects in the services and culture creativity sector , totaling 9 projects proposed by SMEs.SMEA stated that the projects passed in the No. 482 483 SBIR Steering Committee has increased the subsidized companies' investments in R&D expenditures by NTD 32.68 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 facilitate growth. It also seeks to establish a comprehensive industry system based on the R&D outcomes and promote economic development in Taiwan.In the most recent three years, a total of 1,544 innovation and research projects have been executed. The government has provided subsidies of over NTD 965.98 million and motivated NTD 1,884.15 million in investments by SMEs. The SBIR has made significant contributions to elevating the technology proficiency of SMEs, and facilitating the international competitiveness.Program Service Hotline: 0800-888-968; Project Website: https://www.sbir.org.tw

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