Project Introduction
The Global Development Innovation Partners Project is promoted to connect with foreign companies that complement and have mutual benefits with Taiwan's domestic industries, and to attract those foreign companies to come to Taiwan and conduct innovative research and development operations by cooperating with Taiwan's industries to build a domestic industry ecosystem; promoting the international innovative research and development cooperation further to create mutually beneficial results.
Objectives
- Connect international corporations that complement and share mutual benefits with Taiwan's domestic industries, encouraging those foreign corporations to participate in innovative research and development, and improve overall competitiveness by cooperating with Taiwan's industries.
- Construct an international research and development system for domestic industries and promote international cooperation in innovative research and development, creating mutually beneficial partnerships between domestic and foreign industries.
- Build a domestic industry ecosystem and create industry value through the cooperation between foreign and domestic corporations.
Project Type
The project involves international corporations that share complementary and mutual benefits with our domestic industries to design and develop innovative technologies described below:
- Technologies that are still not fully mature in Taiwan and can be developed into strategic products, services, or industries in the future.
- Technologies with the potential to be developed into leading technologies or with the potential to increase the competitiveness and value of major industries.
- Conduct key and general technological research and development; integrate upstream, midstream, and downstream technologies; or integrate cross-domain technologies to create a value chain.
Application Criteria
- The project can be applied for by a single foreign corporation, or co-applied by a foreign corporation as the lead entity in cooperation with a domestic corporation. Eligibility Requirements:
Foreign Corporations:
- Foreign companies that possess industry research and development experience have recognized by Taiwan's laws and have registered a branch company in Taiwan; foreign companies or research institutes that possess industry research and development experience and have legally registered a company in Taiwan.
※ If the headquarters of the foreign company was registered in accordance with the Company Act of the Republic of China and later moved offshore due to operational reasons, it will be regarded as a Taiwanese company. (According to the Company Act of the Republic of China, a "company" refers to a company established by law to supervise all of the organization's head offices)
- The company must not be on the bank's black list, and the net worth of the company (shareholder equity) must be a positive value.
- The company must set up an R&D department in Taiwan that has sufficient professional personnel and equipment for conducting research and development.
- The company's legal representatives and managers must not be investors as described in Article 3 of the Measures Governing Investment Permit to the People of Mainland Area.
Domestic Corporations:
- Domestic sole proprietorships, partnerships, or corporations registered according to the law.
- The company must not be on the bank's black list, and the net worth of the company (shareholder equity) must be a positive value.
- The company's legal representatives and managers must not be investors as described in Article 3 of the Measures Governing Investment Permit to the People of Mainland Area.
Implementation Method
The program begins with innovative R&D and expands to the topic of value creation; it is divided into two phases:
- (I)The Research & Development Phase: During this phase, the subsidy applicant must conduct technology R&D in Taiwan, make plans for subsequent operational methods, and prove the feasibility of its operational methods.
- (II)The Value Creation Phase: In this phase, the subsidy applicant sets up the industrial chain in Taiwan, expands investment in research and development, and produces new business entities (ex: new companies, new business groups, plant expansions, and joint ventures with domestic corporations).
Required Application Documents
- (I)The application form and the company's basic information sheet (2 original copies)
- (II)Proposal of the plan concept (15 original copies)
- (III)Certified public accountant's audit reports from the previous three years (1 original copy)
- (IV)Foreign company's legal registration document in Taiwan (2 copies)
Related File: Introduction to Global Innovation Partnership Initiatives
Research and development subsidy plans offered by the Department of Industrial Technology, MOEA, are described in the following website:
A+ Industrial Innovation R&D Program