SBIR (Small Busiensses, Innovation and Research Program)

Subsystem

Project status

live

SBIR (Small Busiensses, Innovation and Research Program)

Since SMEs constitute the backbone of Taiwanese industry, it was anticipated that this program would help to reduce the cost and risk of innovation and R&D for SMEs, thereby helping to stimulate these activities in the SME sector. Under Taiwan’s SBIR plan, SMEs can apply for subsidies covering up to 50% of the total cost of R&D. This government funding support helps to reduce the costs and the level of risk that SMEs must bear when engaging in innovation or R&D. By encouraging SMEs to undertake the development of new technologies and products.

Cooperators

Taiwan Government, small and medium companies

Location

Taiwan
Taipei