In order to promote the interaction between Taiwan startups and overseas talents, Taiwan Tech Arena (TTA), the flagship startup ecosystem building program organized by the Ministry of Science and Technology of Taiwan (MOST), once again cooperates with the Singularity University, which is known as the "smartest university in the world," to host the " SingularityU APAC Global Impact Challenge 2019". After the fierce competition between the teams from the Asia-Pacific countries, the strongest AI innovation stars has been selected today (13), winners include:
SU Program Winner: Kiwi New Energy (TW)
TTA Special Award Winner: Cordoba Ventures (PK)
TTA Special Award Winner: MangaX Technnology (TW)
TTA Special Award Winner: Studio 1 Labs (CA/TW)
TTA Special Award Winner: Turing Chain Limited (TW)
MOST supports the event and attracts 70 teams from 15 Asia-Pacific countries
As the flagship startup base for Taiwan, TTA has attracted many well-known international partners such as Singularity University to cooperate and encourage the teams to use AI to solve future social issues, and present Taiwan's advanced research and innovation energy through the international competition stage. At the same time, the event also helps the startups to match domestic and overseas enterprises, venture capitals and create business opportunities.
This is also the first time for the competition to expand the selection of countries to Brunei, Cambodia, Indonesia, Laos, Nepal, New Zealand, Pakistan and Russia, with a total of 70 teams from 15 New Southbound Countries. The final 10 selected attendees include 7 Taiwanese teams and 2 foreign teams from Pakistan and India.
“The TTA 2019 APAC Global Impact Challenge is an important international startup competition stage ,” said Dr. Yu-Chin Hsu, Deputy Minister. “I would like to encourage all the teams to use technology and creativity to contribute to the society. And we will support the teams not only to seek potential business opportunities, and also to use AI to benefit the lives of global human beings for the next 10 years. "
Supported by MOST, R&D Teams in Taiwan Shine
The SU Program Winner, Kiwi New Technology, solves the problems of both developers and investors by building an ecosystem that includes two global marketplaces – the KiWi Green Capital Market and the KiWi Global Green Exchange. The KiWi Green Capital Market is an online renewable energy investment platform built on blockchain technology, while the KiWi Green Exchange is a secondary marketplace for solar asset that operates globally.
This is the first time the Challenge has new faces from South Asian countries. Cordoba Ventures from Pakistan targets the medical industries, its Nurses and Allied Healthcare Professionals (NAHPs) human resources management platform “AIRMED” wants to transform healthcare in non-OECD countries, winning the TTA Special Award. Turing Chain, the Taiwan-based blockchain rising star, is also recognized by its privacy-first certificate validation solution “TuringCerts.” The startup is recently known as one of the producing partners of the first blockchain movie in Taiwan and Mandarin film market, “The Last Thieves,” and now ready to fight for a chance to position itself as a global startup in the Challenge.
Studio 1 Labs’ intelligent bed sheet solution and MangaX Technology’s MangaChat also won the TTA Special Awards. Studio 1 Labs provides the continuous respiratory monitoring with an intelligent bed sheet system. Its rule-based AI with Natural Language Processing is used for text-to-image conversion, and for sensing negative emotions within diary contents. MangaX Technology’s project, “EdTech for Bullying Prevention: The SEL 100 Project with MangaChat,” transforms emotion-focused therapy into the creation steps of a comic strip and evaluates students' emotions with the quantitative data computed from the diaries.
Taiwan Tech Arena: a network where talents, investors and technologies converge to reach to international markets
TTA, organized by MOST, is a tech startup ecosystem program launched in 2018. TTA has partnered with overseas innovation organizations such as French Tech Taiwan、Canadian Technology Accelerator (CTA) and well-known accelerators like SOSV MOX、SparkLabs Taipei、IAPS and BE, to progressively integrated startup programs including training provided into an innovation resources platform which can be leveraged by all the actors in the startup ecosystem in Taiwan. It continues to direct resources from major startup clusters around the world, such as Silicon Valley, and to cooperate with impactful international entrepreneurial events, such as CES. Its visions are to be the foundation of global tech venture, to be the cultural fusing hub of startups, and to be the voice of Taiwan tech startup ecosystem.
December 14th, 2019
Kuan-Yi Karen Lin
Department of Academia-Industrial Collaboration and Science Park Affairs,
Ministry of Science and Technology (MOST)
Tel : 886-2-2737-7981