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2     Subsidies

            1. The Global R&D Innovation Partner Program

                   Some foreign companies have a high degree of complementarity with
               Taiwan's industries. To encourage them to engage in R&D and innovation
               activities in Taiwan, such companies, after gaining approval from the MOEA,
               will be eligible for subsidies of up to 50% of total R&D expenditures if they: (1)
               have technologies that are not yet mature in Taiwan or overseas, and could
               create strategic products, services, or industries over the course of future
               industrial development; (2) have potential to help Taiwan produce leading
               technologies or significantly enhance the competitiveness and increase
               the added value of important industries; or (3) engage in key and common
               technology R&D, vertical or horizontal technology integration, and can create
               an industrial value chain.
            2. Integrated R&D Program

                   Companies, once approved by the MOEA, will be eligible for subsidies
               of no less than 40% but no more than 50% of total project funding if they: (1)
               engage in key and common technology R&D, vertical or horizontal technology
               integration, and can create an industrial value chain; (2) establish industry
               standards, protocols, or platforms; or (3) establish applications, services, and
               innovative business and marketing models with technological content, and
               increase industry's added value.
            3. Taiwan Industry Innovation Platform Program

                   The MOEA Industrial Development Bureau and the Ministry of Science
               and Technology are jointly implementing the "Taiwan Industry Innovation
               Platform Program" to guide industries to develop towards greater value, and
               to encourage companies to enter high-end product application markets to
               increase industry's overall added value. For companies owning R&D teams
               in Taiwan, the program provides 40-50% of the funding required for theme-
               based R&D projects, and up to 40% of funding for R&D projects proposed by
               the companies themselves.


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