InnoVEX Brings Together Comprehensive Industry Supply Chain to Unleash Power of Innovation
 
May 02, 2019
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Connecting Global Startups with Taiwan’s Advantage

Taiwan External Trade Development Council (TAITRA) announced today that this year’s InnoVEX, the startup platform of COMPUTEX, will feature a record high of 467 startups from 24 countries, a growth of 20% from last year. Repeat exhibitors include startups from France, the Netherlands, South Korea, Sweden, Japan, Canada and the Philippines. In addition, 11 countries/territories, including Hong Kong, Poland, Brazil and Hungary, will also exhibit for the first time in their very own pavilions at the show.

Walter Yeh, TAITRA President & CEO said, "COMPUTEX is one of the world's most important platforms for the high-tech industry. Since its establishment in 2016, InnoVEX has attracted startups at the forefront of technological disruption to come to Taiwan from all over the world. As more startups showcase their cutting-edge services and products at InnoVEX every year and capture the attention of venture capitalists and corporate investors, the show has blossomed into a benchmark event for innovation in Asia. We are committed to building a more robust, vibrant startup ecosystem through COMPUTEX."

AI and IoT applications will be the focal points of InnoVEX this year. Unlike other global startup events featuring preliminary concepts and inventions, InnoVEX 2019 will center the spotlight on the complete industry chain, diverse tech applications and polished, commercial-ready products. Top innovators from the upstream sector will gather at the exhibition and offer a comprehensive view of the industry value chain, including IoT network operator UnaBiz, AI chip startup ArchiTek, 3D sensing technology company Acconeer, and blockchain technology providers COBINHOOD and Cartesi from the upstream sector. “Social brain” creator Hoomano, MR vision tracking module maker Ganzin Technology and digital encryption firm Chelpis from the midstream sector and downstream application integration startups such as Ambi Climate, which is working with Alexa, and NextDrive, which is collaborating with the Tokyo Electric Power Company (TEPCO) will also be exhibiting.

InnoVEX links together the entire value chain and fosters a complete ecosystem for the startup community. The press conference today drew the attendance of several participating organizations, including the Ministry of Science and Technology (MOST), Audi, JAFCO, the Epoch Foundation’s Garage+, La France à Taiwan (Business France), Swedish Trade and Invest Council (Business Sweden), the Korea Trade Investment Promotion Agency (KOTRA), the Netherlands Trade and Investment Office (NTIO), and the Taipei office of the Polish Investment and Trade Agency (PAIH). The startups from these countries will showcase an impressive lineup of exciting displays at InnoVEX 2019.

Heavyweight Speakers Fill the Agenda

Connecting Global Startups with Taiwan’s Advantage

The theme of this year’s InnoVEX Forum is "Connecting Global Startups with Taiwan’s Advantage". Speakers who will take the stage include enterprises, accelerators, and venture capitalists from more than 10 countries. They include John Jorritsma, mayor of Eindhoven, the Silicon Valley of the Netherlands; OurCrowd, Israel's largest crowdfunding platform investing in startups; and Wayra, a venture capitalist by Telefónica, the world’s largest telecom operator. The startup environment for these countries will be discussed, as well as collaboration opportunities between businesses from these countries and Taiwan, and how Taiwan leverages innovation and international connectivity to position itself as an international innovation player will be explored. InnoVEX Forum registration is open now.

Joins Hands with MOST and World-Famous VCs

Matchmaking, Competition, Networking and Tour All in One Place

In 2019, for the first time, TAITRA and MOST work together to organize the InnoVEX Forum and matchmaking event. VCs and businesses including Samsung NEXT, LINE, Mucker Capital, Cherubic Ventures, Delta Electronics, Zhongguancun, China Trust and SinoPac Holdings will participate in matchmaking discussions to achieve strategic collaboration.

Prizes for this year's pitch contest will total USD 420,000, with the top prize being USD 30,000 in cash. The Taiwan Tech Arena (TTA), Startup Terrace, Taiwania Capital and Qualcomm have each established a special prize to encourage outstanding national teams and tap the innovative capacity of Taiwan.

In addition, TAITRA will arrange for the startup teams to visit notable companies, VCs and accelerators in Taiwan, including Garage+, China Development Financial Holding Corporation and TSMC Innovation Museum, to unlock networking and collaboration opportunities between industries and global startups.

InnoVEX 2019 will be held between May 29 and 31 at Exhibition Hall 1 of the Taipei World Trade Center. COMPUTEX strings together the complete startup industry value chain and connects global startups with Taiwan’s advantage. Innovative ideas from all around the world will shine at InnoVEX this year.