中文網
Taipei
Tue, Feb 7, 2023
04:00
cloudy
17°C
CONNECT WITH US

NTUTEC sets up vertical accelerator to aid startups

Chloe Liao, Taipei; Willis Ke, DIGITIMES Asia 0

For startups, the most critical factor determining their survival rests with whether their innovative products and services can pass market validations and if their business models are feasible or not, according to Vincent Tseng, CEO of the National Taiwan University Taidah Entrepreneurship Center (NTUTEC).

Tseng said startups have to fast correct their business models if proved not feasible. He stressed that existing enterprises are experts in various business domains, and their validation platforms will give startups a better chance to survive.

Since January 2019, NTUTEC has carried out a "vertical accelerator" project by collaborating with a spate of medium- and large-size enterprises including AU Optronics (AUO), E. Sun Bank, FarEastone, Team Creative and iSurvey to provide platforms for validating products and services developed by startups, helping them commercialize their offerings.

Under the project, each participating startup can receive six-month instructions from collaborating enterprises on feasible business models and customer requirements in the validation process.

Tags
Related stories
Looking for startups?
Profiles of startups from Taiwan and around the world: their technologies, product developments, fundraising rounds, etc. All startups are welcome to register their profiles - free of charge.
Information about accelerators and incubators from Taiwan and around the world that are mentoring startup businesses and teams. All mentors are welcome to register their info - free of charge.
Major events, including those organized by the government, DIGITIMES, and others, featuring startups, innovative technologies and products from Taiwan, Asia and around the world.
Taiwan Top 10 MCU
DIGITIMES Research Special Report Databases