Weekly Newsletter

Being a Sponsor for the InnoVEX 2025 Pitch Contest ✔Deeply excavate high-quality startups in the Pitch Contest. ✔Maximize Your Brand Exposure and showcase your company to a global audience of innovators and tech enthusiasts. ✔Engage with Top-Tier Startups and gain exclusive access to the brightest minds and groundbreaking ideas. Sponsorship Benefits Include ✔Logo Visibility across Pitch Contest promotions and on-site banners. ✔Exclusive Matchmaking Opportunities after Pitch Contest. ✔VIP Networking Access to connect with global startups. ✔Media Coverage with global exposure through our partners.

Event Date: December 13, 2024 15:00 – 17:00 (UTC+9) Event Venue: Tokyo Big Sight RECEPTION HALL B Event Language: Chinese, Japanese (live translation service available) Semiconductors have been the main driving force in the development of the global ICT industry. The rise of generative AI (GenAI) has also become the core technology behind breakthrough innovations in all walks of life. It is internationally recognized as a key technology for the next wave of industrial revolution and will greatly affect global politics, economy, society, and every aspect of life imaginable in the next 20 years. Taiwan's semiconductor industry is vital to the world and with the rapid development of AI; both technologies will be the new twin core of future economic developments. To capitalize the opportunities and address the challenges from future industrial technology developments; the Taiwan National Science and Technology Council introduced the IC Taiwan Grand Challenge. The program aims to leverage Taiwan's expertise in semiconductor manufacturing, packaging, and testing to integrate chips with critical innovations such as GenAI and recruit talents from around the world. Japan and Taiwan have forged close ties in the semiconductor industry, further elevated by the establishment of the TSMC Kumamoto fab which became the focus of the global tech industry. To address this trend, we will hold a special event during SEMICON JAPAN titled the 2024 AI Semiconductor Forum on December 13 in Tokyo Big Sight RECEPTION HALL, and we are looking forward to meeting you!

According to the Future Data Stats, the global circular economy market size reached USD 1.21 trillion in 2023 and is predicted to reach USD 2.53 trillion by 2030! And during the InnoVEX 2024 Pitch Contest, Taiwan Polymer Material Company (t.p.m.c.), a related Startup, was announced as the winner of the InnoVEX Pitch Contest 2024 Grand Prize, BSSC Award, PwC Award, and KPMG Award. Worth mentioning, the Pitch Contest this year focused on various emerging industries, including: AI, Green Tech, Healthcare & Biotech, Semiconductor Applications, Smart Mobility, and more. The prizes are provided by the organizers as well as the sponsors: The Ministry of Transportation and Communications (MOTC), the Small and Medium Enterprise and Startup Administration (SMESA) of the Ministry of Economic Affairs (MOEA), Business Startup Support Centre (BSSC), KPMG, NVIDIA, NXP, the ResorTech EXPO in Okinawa Executive Committee, PwC, and Taiwania Capital. In total, the prize pool of InnoVEX 2024 is valued at USD 100,000; including USD 63,000 in cash prizes as well as a number of professional and promotional resources. For more videos on InnoVEX 2024 Pitch Contest winners, check the InnoVEX official YouTube Channel now!

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.

The advancements in AI are driving the need for more powerful and specialized chips, creating lucrative opportunities for chipmakers, and the development of efficient AI chips is essential to support these innovations. Also, with the rapid growth in demand for AI emerging applications and services, companies worldwide are investing in AI on Chip development and strategizing these application markets. In this trend, AI terminal devices will become popular in general markets, and bring business opportunities, as well as a new economy of artificial intelligence that Taiwanese businesses cannot ignore. At the InnoVEX 2024 this year, the Smart Electronics Industry Project Promotion Office (SIPO) invited famous IC design companies and system application companies to share current issues related to chip innovation R&D and implementation. It is expected that Taiwanese manufacturers can approach the new economy of artificial intelligence and increase industrial value and international competitiveness. Check the Full Video Recap of the event, or visit the official site & InnoVEX YouTube Channel to enjoy the highlights of 2024, with multimedia content and more!

Flanders Investment & Trade is a governmental agency under the Flanders Government in Belgium, and they are the key point of contact for international business in Flanders. Also, they help foreign buyers and distributors find high-quality products and services offered by companies based in Flanders. At the InnoVEX 2024 Pi Stage this year, Flanders Investment & Trade presented a life demo section providing an overview of Flanders Region’s innovation and international business opportunities. Also, they organized a successful demo pitch with Flemish flagship innovation companies Barco NV, Barco Labs, and prominent startups Pharrowtech (mmWave Wifi), scale-up Luceda Photonics (silicon photonics), and QustomDot (inkjet inks and quantum dots) to connect with startups, potential investors, incubators, and many other ecosystem members. Check the Full Video Recap of the event, or visit the official site & InnoVEX YouTube Channel to enjoy the highlights of 2024, with multimedia content and more!