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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 Industrial Development Bureau, MOEA, and Ministry of
                 Science and Technology have jointly implemented the "Taiwan Industry
                 Innovation Platform Program" to guide industries to develop towards






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