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StartUP@Taipei to Offer One-Stop Service for Entrepreneurs

Mayor Ko Wen-je announced the establishment of “StartUP@Taipei” platform during a press event on March 31. The platform, which provides one-stop services for would-be entrepreneurs, seeks to make Taipei a friendly hub for starting new businesses – similar to Silicon Valley.
According to Ko, StartUP@Taipei will help reduce red tape and facilitate the process of registering for new companies. The Department of Economic Development (DED) will set up booth at the City Hall to offer one-on-one consultation for topics spanning intellectual property rights, tax affairs, investment, marketing, etc. The consultation sessions will feature experts from respective areas, as well as successful business people.
DED stressed that the ultimate goal of StartUP@Taipei is to help the capital city surpass its rivals in Asia Pacific to become the top incubator for startups in the region. A total of 48 government resources —including incentives, subsidies, and loans--will be integrated and introduced to applicants.
Meanwhile, the City is holding a competition to encourage entrepreneurship. The proposals making to the top-ten list will receive city assistance in key areas to establish a business, Ko reckoned.
Acknowledging the difficulty in the first steps of starting a business, the city government will also supervise the formation of “Angels’ Club” as a way to help inspired entrepreneurs secure guidance and advice from specialists and experts.