Exchange Program Accumulates NT$135 Million in Business Opportunities
The Small and Medium Enterprise and Startup Administration, Ministry of Economic Affairs, stated that since 2022 (Year 111), it has promoted the Taiwan-Singapore startup exchange program, assisting 28 Taiwan startups in expanding to Singapore to date. Among them, Bojian, Ruijia Technology, Zhensheng Semiconductor, Youyou Data, Light Shadow Cube and Lucheng, 6 companies have established companies in Singapore, with cumulative business opportunities and fundraising of NT$135 million, showing concrete results in assisting startups to land and expand markets.
Leading 15 Startups to Participate in SWITCH 2026
From October 26 to 30, the Asia Bay Startup Park led 15 Taiwan startups to Singapore for exchange, and participated in the Singapore Week of Innovation and Technology (SWITCH) 2026. During the exchange, through business matchmaking, industry exchanges and international mentoring, it deepened Taiwan-Singapore innovation ecosystem linkages, helping startups grasp Southeast Asia market demand and expand regional cooperation opportunities.
Shenyu Technology Signs MOU, 4 Firms Shortlisted in Top 250
This exchange has already made substantive cooperation progress. During the exhibition, Representative to Singapore Tong Zhenyuan witnessed Shenyu Technology signing a memorandum of understanding with Singapore company WESPAC PTE LTD to promote channel cooperation for smart access control and visitor management systems in the Singapore market. In addition, 4 startups including Zhenzhi Technology, Chengzhi Technology, Shenyu Technology and Anse Lewei were selected among the top 250 in the Singapore 2026 Global Startup Competition, enhancing brand competitiveness and international market visibility through the international competition platform.
Partnering with ACE.SG to Deploy in Southeast Asia Market
In deepening industry and innovation ecosystem linkages, the Administration will continue to cooperate with Singapore ACE.SG to organize dedicated funding matchmaking events and deep-tech forums, and establish exchange channels with Google, the Singapore Manufacturing Federation, the Singapore AI Association and other associations and international incubators. Through in-depth bilateral exchanges, it will assist Taiwan startups in grasping Singapore's AI R&D, industrial digital transformation and international market expansion needs, and accelerate the integration of innovative technologies with the local market. Looking ahead, the Administration will draw on Singapore's experience in using deep tech as a core national policy, guiding venture capital investment, and building comprehensive innovation clusters to attract international talent, deepen bilateral resource linkages, assist Taiwan startups already established in Singapore in expanding local enterprise clients and cooperation networks, and use Singapore as an important base for deploying across Southeast Asia, enhancing the international competitiveness of Taiwan startups.