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Modiin

![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. 

==read-more==

 

 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

AppWorks

BE Accelerator

Foodland Ventures

CLBC

Connect

FutureWard

Taiwan Tech Arena

Taiwan Startup Terrace

Playstream

fone.do

Fotonica

Explore the Startup Ecosystem of Modiin and compare its rankings to thousands of locations across 12 industries

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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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Startup Ecosystem Overview of Modiin | StartupBlink | StartupBlink

2024 National Rank and Change	City	Global Rank & Change	Total Score	Quantity Score	Quality Score	Business Score
1st⁰	Taipei City, Taiwan	45th⁺¹	17.203	2.72	11.41	3.08
2nd⁰	Hsinchu, Taiwan	132nd⁺¹¹	5.218	0.13	2.67	2.42
3rd⁰	Taoyuan City, Taiwan	325th⁺¹⁶	1.124	0.05	0.55	0.52
4th⁰	Tainan City, Taiwan	369th⁺⁷⁷	0.968	0.00	0.52	0.45
5th⁰	Taichung City, Taiwan	528th⁺⁴	0.434	0.16	0.08	0.20
6th⁰	Kaohsiung City, Taiwan	587th⁺¹⁵	0.345	0.14	0.04	0.16

Modiin Startup Ecosystem Comparative Analysis

Comparative Analysis of Top Cities for Startups in Taiwan