Taiwanese start-ups are shining in the Select USA Tech competition

Taipei, July 2 (CNA) Two Taiwanese start-ups won the highest award at the Select USA Tech contest held in Maryland at the end of last month, and the third won the second place, the Ministry of Economy (MOEA). ) Said on Saturday.

In a statement, the ministry said a total of 14 start-ups from Taiwan with 100 finalists and 7 from around the world at SelectUSA Tech, which is part of the 2022 SelectUSA Investment Summit held June 26-29. Competing in two major categories.

According to the Ministry of Foreign Affairs, of the 14 candidates in Taiwan, Astron MedTech, founded by Taiwan Accelerator Plus (TAcc +), won the MedTech Software category, and Lydsec Digital Technology Co. won the highest award in the cyber security category.

According to MOEA, Taiwan’s third-winning start-up was Cancer Free Biotec, which took second place in the MedTech software category and listed the other four major competitive categories as CleanTech, eCommerce & Retail Tech, FinTech, and Other. ..

Meanwhile, at the SelectUSA Summit, MOEA’s Director of Small Business Administration, Ho Chin-tsang, met with Maryland’s Director of Commerce, Jessica Reynolds, said Taiwan and the states and provinces of the United States.

Ho and Reynolds work with Taiwan’s Startup Terrace Village in New Taipei City, Asia New Bay Area 5G AIoT Innovation Park in Kaohsiung, and TAcc + to work with Maryland’s Innovation Accelerator to help more start-ups Agreed to do.

After the SelectUSA Summit, representatives of Ho and 23 Taiwanese start-ups are in the United States to visit Silicon Valley to look for potential investors as part of an effort to raise awareness of Taiwanese start-ups. Invited by the Taiwan Association (AIT). US market, MOEA said.

According to the Ministry of Foreign Affairs, representatives of Taiwanese start-ups also attended the NextGen Telecom roundtable hosted by AIT, the de facto US embassy in Taiwan.

The Select USA Summit, an annual event hosted by the US Department of Commerce, focuses on facilitating investment in job creation in the United States.

This year, Kung Ming-hsin, head of Taiwan’s National Development Council (NDC), is a 41-member representative with a view to increasing exchanges in the engineering sector, especially in the field of semiconductors. I led the group to a meeting. Artificial intelligence, telecom, and space exploration.

As part of the summit, SelectUSA Tech attracted new technology companies and investors from around the world, with start-ups from Hungary, the Netherlands, Israel and Portugal receiving the highest awards this year. Taiwanese start-ups are shining in the Select USA Tech competition

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