NCTU business center named top Asian incubator

2014-08-08

National Chiao Tung University Center of Entrepreneurship and Incubation was named incubator of the year by the Asian Association of Business Incubation at its general assembly Aug. 5 in Taipei City.

This is the second consecutive year a Taiwan institution has won the top award, the Ministry of Economic Affairs said, after Nangang Software Incubator in 2013. Previously, the AABI awarded the Incubation Center of Hsinchu City-based Industrial Technology Research Institute a prize for excellence in 2005.

“Founded in 1997, the NCTU center has provided a well-rounded entrepreneurship and incubation platform for local businesses,” the AABI said. “To date it has helped more than 130 startups launch and 19 firms establish footholds in Taiwan’s highly competitive science parks.”

The Hsinchu City-based center beat out six strong contenders from Hong Kong, India, South Korea, Vietnam and mainland China. Medimaging Integrated Solution Inc., a digital hand-held diagnostic solution provider and NCTU alumnus, was also awarded the AABI Torch Award for Internationalization.

The general assembly was held in conjunction with the MOEA’s International Co-Incubation Conference, with the aim of integrating resources and advancing entrepreneurship in the Asia-Pacific region.

The AABI was established in 2002 to enhance business incubation by facilitating information exchange among Asian incubators, clients and relevant organizations. Members hail from Taiwan, Hong Kong, India, Japan, Malaysia, New Zealand, Singapore, South Korea and mainland China.

Source: Taiwan Today (http://taiwantoday.tw/ct.asp?xItem=220413&CtNode=413)