Building on previous friendly exchanges, i2i has teamed up with the Taipei Computer Association (TCA) to host John Lynn, COO of the global startup accelerator WEVE Acceleration. On July 8, John Lynn visited Taiwan to participate in a meeting led by Anita Chen, Manager of the TCA International Talent Exchange Center. Both sides shared insights on the challenges of nurturing startups, with hopes of fostering reciprocal exchanges between Taiwanese and international startups in the future.
(John Lynn, COO of WEVE Acceleration, is the fourth from the right, and Anita Chen, Manager of TCA International Talent Exchange Center, is the third from the right.)
Previous Connection Between i2i and WEVE Acceleration
On June 20, i2i led Taiwanese startups participating in this year's acceleration program "IP2 Scale Out" to visit WEVE Acceleration's New York office. They met with John Lynn and CEO Frances Simowitz to discuss startup development experiences between Taiwan and the US. Following the meeting, WEVE's team was invited to visit Taiwan, highlighting the strong relationship between the two entities.
Sharing Experiences of Startup Incubation During the Meeting
On July 8, John Lynn visited Taiwan, guided by i2i, to meet with the Taipei Computer Association (TCA). The meeting, led by Anita Chen, focused on several topics including promoting cross-border investment, technology transfer, and strategies for international market expansion. Both sides shared successful cases of nurturing domestic startups and helping them go global.
John Lynn noted that American companies, having long invested in domestic startups, are experiencing fatigue and are increasingly selective about engaging with startups that show limited growth potential. They now prefer to invest in startups with "unicorn potential," particularly those aligned with "global trend industries."
The New CSE model in Taiwan's Startup Ecostsyem
Anita Chen explained that Taiwan's startup ecosystem faces similar challenges. In response, Taiwan has shifted towards a "Corporate-Startup Engagement (CSE)" model, where corporations identify pain points, and startups propose solutions. This model helps struggling startups identify their problems while showcasing real market needs, serving as successful examples for newer startups. For instance, the "GreenTech Startup Challenge" is a new initiative that has already shown promising results.
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