The arrival in Israel of Taiwan’s new economic attaché, which is seen as strengthening bilateral economic relations, is aimed at advancing projects that facilitate cooperation between Taiwan's corporate giants and Israel’s innovative technological industry and startups.
"The Taiwanese ecosystem greatly admires Israel’s innovative technology, and we are working vigorously to tighten the ties between Israeli industry and Taiwanese industry, to bring Israeli technological innovation into Taiwan, and to launch Israeli companies into activity in the markets of the East,” said Stanley Chu-An-Chang, Taiwan’s new economic attaché in Israel.
The activity that the economic attaché hopes to advance is a continuation of the first innovation program of its kind: IP2 LaunchPad, which was launched in Israel in June of this year by i2i, Taiwan’s largest software incubator, and operates at the Startup Terrace, which is supported by the Small and Medium Enterprise Administration of the Taiwanese Ministry of Economic Affairs.
IP2 LaunchPad is accelerating the entry of Israeli companies into the markets of the Far East and into the Taiwanese ecosystem. As part of the program, a group of Israeli innovators led by Rani Shifron — who is CEO of the Israeli consulting firm Healthier Globe, a representative of i2i, and the head of IP2 LaunchPad’s operations in Israel — left for Taiwan on October 22.
“Taiwan's response to COVID-19 was the quickest and best in the world which opened up many opportunities for Israeli startups considering entering global markets. The IP2 LaunchPad program offers Israeli companies full exposure to the Taiwanese ecosystem, and the benefits of local Taiwanese representation,” Shifron said.
Since June, the scope of business operations between Taiwan and Israel has doubled. In the light of such speedy success and achievement, further opportunities for cooperation with the innovative Israeli hi-tech industry are being examined and launches of further activity are expected soon.
i2i is the creator and administrator of a technological ecosystem that supports and links together stakeholders in the Taiwanese innovation sector. Founded from inside Taiwan’s largest IT research institute, i2i is one of four institutions that administer government-approved incubators in Taiwan, and it administers the largest of them.