TRIPLE helps startups commercialize innovations

Mark Tsai, Taipei; Adam Hwang, DIGITIMES Asia 0

Taiwan Rapid Innovation Prototyping League for Entrepreneurs (TRIPLE) is a government-sponsored project for matching startup teams or businesses with supply chain makers to quickly verify market feasibility of the former's innovative products for commercialization, according to project vice president Jason Chang.

TRIPLE is operated by Commercialization and Industry Service Center under government-sponsored Industrial Technology Research Institute (ITRI).

Many startups have undertaken POC (proof of concept) of their prototypes via rapid making, rapid erring and rapid correction instead of large-scale manufacturing, Chang said.

From EVT (engineering verification test), DVT (design verification test), PVT (production verification test) to volume production for prototypes, TRIPLE provides optimal consulting services for startups in each stage, Chang noted. In addition, TRIPLE translates different users' needed functions and supply chain makers' specifications for startups, Chang indicated. The role of translation is to help startups quicken product development and meet target users' demand, Chang added.

TRIPLE, based on startups' products and target users, also helps them find the most suitable business models, cooperative supply chains and fund-raising strategies and methods, Chang noted.