Minister Wang Meihua of the Ministry of Economic Affairs convened the "27th Meeting of the Small and Medium Enterprise Policy Review Committee" on December 29, 2012, inviting representatives from relevant ministries and industry and academia to discuss strengthening Taiwan's new innovation guidance strategies and practices. The Ministry of Economic Affairs will serve as an inter-departmental Through the "FINDIT Early Funding Information Platform", the new innovation information integration window regularly compiles the list of new startup guidance from relevant ministries and committees, establishes a resource referral mechanism, and matches the capital and market needs of new startups for development. Through the ministries and committees, Join hands to assist new innovations, strengthen their overall competitiveness, and drive Taiwan's industrial upgrading and transformation.
Minister Wang Meihua said at the meeting that Xinchuang is flexible and can come up with innovative ideas in response to industry trends to help the industry grow. Taking the recent development of AI as an example, Xinchuang has applied AI in medical testing technology to help shorten testing time. Therefore, how to generate or find new innovations to assist industrial growth is the goal of the government's efforts.
To achieve this goal, the Ministry of Economic Affairs will strengthen the connection between the resources of various ministries, combine Taiwan's advantages in talent, environment and industrial supply chain, introduce private capital, actively recruit international talents to cultivate new innovations, promote open innovation through regulatory adjustments, and strengthen overseas implementation. Support and assist in the internationalization of new ventures.
The Ministry of Economic Affairs further stated that private capital investment is also an important factor in promoting the development of new ventures. In order to guide insurance industry funds to invest in the domestic venture capital industry and enrich new venture investment momentum, the Ministry of Economic Affairs consulted with the Financial Supervisory Commission before the meeting. The Financial Supervisory Commission has already On the 21st, the risk coefficient for the insurance industry to invest in five plus two and six core strategic industries through domestic private equity funds and venture capital funds was revised from the original 33.75% to 10.18~17.25%. It is estimated that hundreds of billions of funds can be introduced. running water.
This meeting explained to the participants the methods of coordinating the adjustment of business regulations for small and medium-sized enterprises and the use of credit insurance funds to support industrial development. It hopes to improve the business environment for small and medium-sized enterprises and new start-ups through the adjustment of laws and regulations and the use of credit insurance funds to consolidate Taiwan's position in the global industrial chain. competitive position.
The Ministry of Economic Affairs takes the Regulations and Regulations Coordination Office as an example. By interviewing industry representatives and collecting expert opinions, it provides legal coordination services related to the operation of small and medium-sized enterprises in the five major fields of environmental health, finance, finance and taxation, economy and trade, and labor and social welfare. In the past three years, most of the All cases achieved initial results. Take the "relaxation of the conditions for qualified investors on the Innovation Board" as an example to illustrate that through cooperation with the stock exchange, the conditions for investors have been relaxed, and the investment experience in securities trading for legal persons has been reduced from 2 years to 1 year, and the financial strength certificate for natural persons has been reduced from 5 million yuan to 200 yuan. Ten thousand yuan, the average income is reduced from 1.5 million yuan to 1 million yuan to increase the incentives for small and medium-sized enterprises and new start-ups to join the Innovation Board. Since the relaxation of investor conditions in September 2012, four new companies have been listed, and it is estimated that more than 80 new startups will be attracted to submit applications in the future.
In terms of expanding credit guarantee fund guarantee services, the Ministry of Economic Affairs promotes credit guarantee funds to jointly handle credit guarantee projects with central ministries, local governments and enterprises to assist specific domestic industries, local small-scale businesses and small and micro enterprises in obtaining entrepreneurial or working capital. So far, it has launched more than 30 project loan credit guarantees in cooperation with central agencies such as the Ministry of Labor, Ministry of Education, Ministry of Environment, Ministry of Transportation, Ministry of Interior, and the National Development Fund Management Council of the Executive Yuan. As of the end of September 2012, it has assisted specific support targets such as loan applications and individuals to obtain more than 1.2 trillion yuan in credit guarantee financing.
The Ministry of Economic Affairs stated that in the future, it will continue to provide development resources for small, medium and new enterprises, support innovative development of enterprises, promote growth and transformation, enhance the operational resilience and international competitiveness of small and medium-sized enterprises, and consolidate Taiwan's key position in the global industrial chain.
Source: Agency for Small, Medium and New Enterprises, Ministry of Economic Affairs
