Asia presents various opportunities as well as challenges for startups as it is a greatly diverse region that focus on different industries, applications, and stages. Focusing on the GCC region as well as Taiwan, Singapore, and Japan, the InnoVEX 2024 Saloon: Opportunities in Asia aimed to shed light on the specific regions’ strengths and how startups can leverage the provided resources for their growth.

The event invited Raymond Woo, the Chief of Staff and Investment Lead of Piece Future and Advisor for Kyoto University Innovation Capital (Kyoto iCAP) and William Lechuga, the principal of the venture capital - The Independent; as well as 2 InnoVEX team members who shared what can be expected from InnoVEX 2025 and introduced the IC Taiwan Grand Challenge.

We cordially invite global startups, universities, research institutions, or individuals to join the IC Taiwan Grand Challenge

The IC Taiwan Grand Challenge is now open for application! It’s a prestigious competition that brings together talented tech solutions worldwide to compete in a dynamic environment. Whether you’re part of a startup, a university, a research team, or even working solo, this is your chance to show off innovative IC design projects. It leverages Taiwan’s semiconductor expertise by integrating chips with critical innovations. The National Science and Technology Council (NSTC) spearheads the IC Taiwan Grand Challenge to bolster Taiwan’s IC startup ecosystem and attract global tech talent and investment.

By participating in the IC Taiwan Grand Challenge, the winners will not only win a 30,000 US dollar cash prize for the winners, which aims to help the winners kick off their efforts in the collaborating with Taiwan’s local industries, but other additional rewards which may include review and mentoring by industry experts, IC Startup Accelerating Platform in Taiwan, and business development resources in Taiwan. We encourage everyone with innovative ideas and applications to apply and showcase their full technological potential. Full details and application information can be found here: https://ictaiwanchallenge.org/.

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