Taiwan's Ministry of Economic Affairs (MOEA) and Amazon Web Services (AWS) have signed an agreement to set up a joint innovation center to foster local startup businesses and help small- to medium-size enterprises in digital transformation.
The center, to be located at Startup Terrace innovation park in New Taipei City, will have an accelerator and provide AWS cloud computing services and technological training. It will offer business and technological consulting services in IoT, AI, big data analysis, machine learning and cloud computing to cultivate local talent, help Taiwanese companies shorten time to market and tap overseas markets.
The center will cooperate with international accelerators to help local startup businesses go international and introduce foreign startups into Taiwan.
AWS will provide curriculums, workshops and seminars to train about 2,000 professionals a year, said Alex Yung, AWS corporate vice president and managing director for Greater China.
Taipei Computer Association will be responsible for operating and maintaining hardware and software at the center.
Startup Terrace has so far attracted 12 accelerators and 56 startup teams.