Page 13 - CircularEconomy

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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