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SMEA Startup Era Pavilion Lights up Next Generation in InnoVEX from May 29 to 31

InnoVEX, which is an iconic international startup show in Asia, will take place at the Exhibition Hall 1, Taipei World Trade Center from May 29-31, 2019. Throughout the InnoVEX 2019, the most spacious pavilion is SMEA's Startup Era Pavilion that aggregates creative startups and that showcases Taiwan's capabilities in creative and incubation industries, such as Startup Terrace, Innovative Incubator Zone, and InnoNEXT-Youth CEO. The show will increase international visibility and investment opportunities for Taiwanese startups and align them with the international startup ecosystem.

Smart IoT applications by Startup Terrace entrepreneurs Startup Terrace, an international startup hub promoted by the Ministry of Economic Affairs' SMEA, has selected high quality international startup teams and accelerators to join the settlement through awards and pitch competitions. In this exhibition, 6 international accelerators—PwC Taiwan, Innovation to Industry i2i, Formosa TV, Rainmaking Innovation (RMI), Wanda Hong Co., LTD. and Mighty Net, and 38 startups from 6 countries will display their exciting innovative applications in IoT, smart cities, smart medicine and cloud data. Startup Terrace will also introduce its startup measures and residency program at the show.

Startup Terrace Award --89 teams vying for a share of US$300,000 total cash prize Continuing from the InnoVEX 2018, the SMEA, MOEA has a special Startup Terrace Award in the InnoVEX Pitch competition this year. In addition to the prize of up to US$60,000, top 5 startup teams can also enjoy free office space in Startup Terrace for one year to the greatest extent and multiple benefits. A total of 89 startup teams from 16 countries have registered this year. Results of the preliminary competition will be announced on May 17th (tentatively) on the official InnoVEX website, and the winning teams will pitch onstage on the first day of InnoVEX (May 29th). Prizes will be awarded by the SMEA, MOEA on May 31.

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