Taipei City

Tainan City

Hsinchu

Taichung City

Kaohsiung City

New Taipei City

Taoyuan City

Zhubei City

Chiayi City

Yuanlin

Nangang District

Central District

Miaoli City

Pingtung City

Changhua City

Beitou District

Shilin District

Hualien City

Miaoli County

Keelung City

Touwu

![city skyline during night time](https://images.unsplash.com/photo-1598935898639-81586f7d2129?ixlib=rb-4.0.3&ixid=M3wxMjA3fDB8MHxzZWFyY2h8NXx8dGFpcGVpJTIwY2l0eXxlbnwwfHwwfHx8MA%3D%3D&w=1000&q=80)
 Historically, Taiwan has been a nation of innovation with a strong focus on technology. Before China opened its doors to the global economy, many of the world’s manufactured goods were produced in Taiwan. With one of the most startup-friendly business environments, Taiwan boasts strong tech talent and some of the most rigorous intellectual property laws worldwide. This positions Taiwan’s startup ecosystem for success, despite current geopolitical tensions. 

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 Taiwan is home to many large and impressive tech companies, such as Foxconn and Asus, providing it with a unique advantage in hardware-related industries. TSMC, the world's most valuable semiconductor company, stands out as a strategic player in Taiwan’s tech scene. The presence of TSMC illustrates the strategic strength gained from creating a company of such scale, fostering crucial alliances for future prosperity. This also creates a catalyst for the growth of hardware startups, highlighting the impact of industry specialization on global startup success. 

 

 Taiwan has seen a shift towards fostering startups, mirroring the success of its global corporations. Government organizations like Taiwan Tech Arena are investing heavily in developing the country’s startup ecosystem, with initiatives like the Employment Gold Card and Entrepreneur Visa aimed at attracting foreign talent. Programs like [Startup Island TAIWAN](https://www.startupislandtaiwan.info/) and the [Next Big Startup Initiative](https://www.ndc.gov.tw/en/nc_8455_37158) are instrumental in creating a national brand for Taiwan’s startup ecosystem, showcasing its potential on a global scale. 

 

 In order to compete on a global level, Taiwan's entrepreneurs are focusing on international integration of their solutions. The country’s small local market pushes startups to think globally, resulting in success stories like Appier, Taiwan’s first digital unicorn. With the presence of tech giants like Google and Microsoft, as well as successful exits like Gogoro and Just Kitchen, Taiwan’s tech ecosystem is thriving. The hosting of [Computex](https://www.startupblink.com/startup-ecosystem/taiwan), one of the world’s largest computer and technology shows, in Taipei City further solidifies Taiwan’s position as a tech hub. 

 
 As Taiwan continues to implement policies to promote entrepreneurship, a shift in mentality is needed to encourage potential entrepreneurs to take risks and embrace failure as a stepping stone to success. The country’s appeal is growing, evident in leading tech figures like Steve Chen, co-founder of Youtube, and tech thought leader Ben Thompson from Stratechery, choosing to base themselves in Taiwan.

Taiwan

Elevate Pay is a financial technology company that provides innovative financial services and products, including local and dollar cards. It also offers a feature for free remittances, making it easier for users to manage their finances and send money across borders effortlessly.

Elevate Pay

Newark

Elevate Pay startup from Newark, United States is ranked 15385 out of 201479 worldwide and 5645 from the 74217 startups in United States. See more information and additional rankings on the StartupBlink Global Ecosystem Map

As the innovation hub of the Asia-Pacific region, Taiwan is renowned for its outstanding high-tech R&D capacity, highly-trained professionals, and thriving networks of entrepreneurs which enable our  startup ecosystem to achieve steady continuous growth.

Director General, Department of Academia-Industry Collaboration and Science Park Affairs

In the recent years, Moscow has become a gravity centre for the most talented people not only from Russia and Eastern Europe, but from all over the world. Such concentration of professionals affirms Moscow as one of the global “cities of the future”, world centre for the development of breakthrough technologies, particularly in IT.

The Moscow Agency of Innovations was established to create a truly favorable environment for the advancement of technology in Moscow.

2016

The Skolkovo Innovation Center and Skolkovo Foundation was signed into law with a goal to goal is to create a sustainable ecosystem of entrepreneurship and innovation.

2010

Avito, a classified ads website and now a unicorn, first went online.

2007

The Moscow Seed Fund, a VC which invests in see and pre-seed startups, was established.

2005

Yandex search engine was launched!!!!

1997

Hsinchu Science Park is built

1980

The Small and Medium Enterprise Administration (SMEA) of the Ministry of Economic Affairs begins implementing incubation policy

Taiwan entrepreneur visa program is established

2015

Gold Card program and Taiwan Tech Arena is established

2018

Taiwan’s Gogora and Appier are recognised as unicorns

2019

Appier becomes the first Taiwanese startup to exit at a USD 1b+ valuation

2021

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Elevate Pay Startup Info & Ecosystem Rankings | StartupBlink