2023-03-02
Small and Medium Enterprise Administration, Ministry of Economic Affairs No. 452 453
SBIR Steering Committee,Approved the subsidies for 21 SBIR Projects
The Small and Medium Enterprise Administration(SMEA), Ministry of Economic Affairs(MOEA)
organized the No. 452453 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 projects in the electronic sector, 5 project in the consumer
goods and chemical industries sector, 5 projects in the machinery sector, 2 project
in the information communications sector, 1 projects in the biotechnology and pharmaceutical
sector, 7 projects in the services and culture creativity sector, totaling 21 projects
proposed by SMEs.SMEA stated that the projects passed in the No. 452453 SBIR Steering Committee has
increased the subsidized companies' investments in R&D expenditures by NTD 28.494
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 8,806 innovation and research
projects have been executed. The government has provided subsidies of over NTD 13,320.145
million and motivated NTD 24,660.14 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
