Start-ups in Taiwan to find investors

Eight high-tech start-up companies from the Eindhoven region are on a mission to Taiwan, looking for financiers.

The companies are visiting the biggest tech exhibition in the world. The Mayor of Eindhoven, John Jorritsma, leads up the mission. Another eight innovative companies from other parts of the country went along. The start-ups want to tap into new markets and investors so that their companies can grow.

Lightyear is one of the start-ups from Eindhoven. This group of TU-students is building a family car that runs on solar energy. Lifesense is also going along. They developed smart underwear for women with incontinence problems. And Pillow Willow is part of the group. This start-up company develops virtual reality games.

Taiwan is an important place for Dutch high-tech companies. “Taiwan’s similar culture, way of doing things, and good intellectual property protection mean this country serves as an ideal entry for Dutch companies to the Asian market and vice versa,” Desiree van Zutphen of Brainport Development, says. “Many big companies like ASML and Philips are thus located in Taiwan.”

The reason for the mission is a previous meeting between Jorritsma and his counterpart in Taipei, the capital of Taiwan. Together they previously discussed how to work more closely with each other in, among others places, the area of start-ups.

Source: www.studio040.nl

Translator: Bob

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