Gov­ern­ment-funded startup pro­ject com­ing this win­ter

The China Post - - LOCAL -

Tai­wan Startup Sta­dium (TSS), an in­dus­try or­ga­ni­za­tion funded by the Na­tional De­vel­op­ment Coun­cil (NDC), is ex­pected to open this win­ter in down­town Taipei with the mis­sion of in­ter­na­tion­al­iz­ing the lo­cal startup ecosys­tem.

With a sim­i­lar mo­ti­va­tion and struc­ture to Sin­ga­pore’s BLK71 and Malaysia’s MaGIC, the TSS will serve as home base to dozens of Tai­wanese star­tups with both Tai­wanese and in­ter­na­tional founders who are work­ing to grow their busi­nesses glob­ally, the or­ga­ni­za­tion said in an email to CNA last week.

The TSS will be housed in the for­mer Zhong­shan Soc­cer Sta­dium in down­town Taipei and com­prise an area of up to 100,000 square feet (9,600 square me­ters) when it is sched­uled to of­fi­cially open later this year.

No­table TSS ad­vi­sors

in­clude YouTube co-founder Steve Chen and Lee Kai-Fu ( ), a for­mer ex­ec­u­tive at Google Inc. and cur­rent CEO of Tai­wanese ven­ture cap­i­tal firm In­no­va­tion Works.

Ma­jor tech com­pa­nies such as Google, HTC Corp. ( ), Fox­conn Tech­nol­ogy Group ( ), Ya­hoo Inc. and Ama­zon.com Inc. are TSS cor­po­rate part­ners.

The TSS is now un­der prelaunch plan­ning and has brought four Tai­wanese star­tups to par­tic­i­pate in the RISE tech con­fer­ence in Hong Kong held on July 31-Aug. 1.

Among the four Tai­wanese star­tups are GHOSTA, the maker of a smart hel­met that makes the wearer’s jour­ney safer and more in­for­ma­tive through aug­mented re­al­ity pro­jec­tion, and LOOPD, the provider of a bea­con badge en­abling event mar­keters to track phys­i­cal an­a­lyt­ics and gain in­sight into ac­tual at­ten­dees’ en­gage­ment.

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