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Startups fly flag for Taiwan at SelectUSA Tech program

June 24, 2022
MOEA and AIT officials are joined by representatives from Taiwan high-tech startups during a SelectUSA Tech program pre-departure press event June 23 in Taipei City. (Courtesy of MOEA)

Eleven innovative startups from Taiwan will represent the country at the SelectUSA Tech program scheduled June 26-29 in National Harbor of Maryland, according to the Ministry of Economic Affairs June 23.
 
Screened through a joint initiative by the MOEA’s Small and Medium Enterprise Administration and the American Institute in Taiwan, the firms will showcase their products and services during the program, receive advice on financing and take part in networking events.
 
Among the startups, eight firms are among the top 10 listed in four of seven industry categories. They are ITM Corp. and Turing Chain Ltd. in cybersecurity; Astron MedTech Co. Ltd., CancerFree Biotech Ltd., Heroic Faith Medical Science Ltd. and Micronbrane Medical Co. Ltd. in medical technology; Crypto-Arsenal in fintech; and Frontier.cool Inc. in e-commerce.
 
These firms will have the opportunity to make a pitch in front of an audience of SelectUSA Investment Summit attendees and a panel of judges comprising corporate investors, industry experts, representatives from startup ecosystems and venture capitalists.
 
The MOEA said in addition to attending SelectUSA events, the firms will tour Silicon Valley and meet with key players in the U.S. startup ecosystem and international investors.
 
Launched in 2013 by the U.S. Department of Commerce, SelectUSA is the most high-profile event dedicated to promoting foreign direct investment into the U.S. (SFC-E)
 
Write to Taiwan Today at ttonline@mofa.gov.tw

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