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Kinmen County Government Provides Maximum Subsidy of

Kinmen County Government Provides Maximum Subsidy of
NT$1 million for Industries to Engage in Innovation, Research and Development
2016/03/21
Reporter: Li Tseng-Wang / Kinmen County Government

To promote industry-academia collaboration and drive research and development in industries of Kinmen, Kinmen County Government established its “Local Small Business Innovation Research” (Local SBIR) with a total budget of NT$7.29 million in 2016. The project subsidizes innovation and research by small and medium businesses in Kinmen, so that they may develop special products or services to enhance the industry’s competitiveness. Businesses may be approved for a maximum subsidy of NT$1 million. Applications will be accepted from March 21st to April 30th, 2016. Please download the application notice and electronic documents from “Kinmen County Government Website  Introduction  Economic Affairs Department  Industry and Commerce Section  Application Forms.”
Kinmen County Economic Affairs Department held a meeting on Local SBIR in the county government in the morning of March 18th. The Economic Affairs Department pointed out that the county government has already implemented Local SBIR for many years, subsidizing individual applications from enterprises and encouraging the youth to start their own businesses by using the government’s research and development subsidies. A total of 7 companies were selected last year, which is an encouragement that drives local companies to develop new products, serving as motivation for improvement.
To help enterprises more smoothly and successfully apply for the subsidy, Director Li Chin-Yang of the Industry Service Center, Industrial Technology Research Institute was appointed to explain the application process, key points of review, proposal writing, and consult and guide enterprises with potential for research and development at the meeting, so that the project can be thoroughly implemented.
The Economic Affairs Department pointed out that the purpose of “Local SBIR” is to more rapidly enhance the industrial competitiveness of local SMEs, increase investment, create employment opportunities in Kinmen, and reduce the gap between industries. Applications will be accepted from March 21st to April 30th, 2016 for a maximum subsidy of NT$1 million. Qualifications: companies or businesses registered in accordance with the “Standards for Identifying SME” and meets the following standards: Manufacturing industry: Paid-in capital of NT$80 million or less or 200 or less employees with labor insurance; Food, travel, and service industries: Revenue of NT$100 million or less in the previous fiscal year or 100 or less employees with labor insurance. In addition, the applicant must not owe any taxes or have any record of contract for government technology related project being terminated within the last 5 years.

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  • Date:2016-12-08