Service Industry Innovation Research

The program is managed by the Ministry of Economic Affairs (MOEA) and targets businesses legally registered in Taiwan, excluding branch offices.

Key features and objectives:

• Promote commercialization of innovative ideas and forward-looking services in the service sector.
• Encourage research and development activities that lead to new or improved service products, processes, or business models.
• Support enterprises in enhancing their competitiveness and market expansion through innovation.

Target beneficiaries:

• Small and medium-sized enterprises (SMEs) and other companies in the service industry registered in Taiwan.
• Businesses engaged in innovative projects that address key industry challenges and have potential for commercial success.

Application process:

• Companies submit proposals detailing the innovation project, including the problem addressed, creative concepts, expected benefits, and R&D plans.
• Proposals are evaluated based on innovation potential, feasibility, and alignment with industry needs.
• Successful applicants receive subsidies to support their R&D activities.

Additional features:

• The program encourages collaboration between industry and research institutions.
• Funding aims to leverage private sector investment in R&D.
• Emphasis on projects that can contribute to sustainable growth and technological advancement in Taiwan's service industry.