Amazon AWS Hopes to Promote Startups in Taiwan

Amazon AWS Taiwan
Amazon's AWS is helping to launch more startups in Taiwan via the Linkou Startup Terrace. Courtesy photo

Amazon.com subsidiary Amazon Web Services (AWS) has partnered with Taiwan’s Ministry of Economic Affairs Small and Medium Enterprise Association to promote tech startups in New Taipei’s Linkou District.

The Linkou Startup Terrace (林口新創園), which operates similar to the science parks in Taiwan for startup companies, hopes to attract a growing number of homegrown and international enterprises and establish Taiwan as a new technology hub in Asia. On Monday it established the Startup Terrace-Amazon AWS Joint Innovation Center (JIC) in an effort to reach its goal of launching 150 startups in the next three years, Apple Daily reported.

AWS will reportedly offer training and seminars as well as preferential cloud-based services, according to a UDN report. The company hopes the partnership will cultivate greater tech talent in the region.

Following the opening ceremony, Startup Terrace welcomed the signing of two memoranda of understanding (MoU) with international startup promoters Malaysian Global Innovation & Creativity Centre (MaGIC) and Thailand’s startup ecosystem True Digital Park. The three entities will collaborate on accelerators and space reciprocity for businesses. They will offer each other’s business residents preferential treatment for consultations and services to make it easier for the startups to enter the three markets.

World Taiwanese Chambers of Commerce (WTCC) president said that he is optimistic about the new energy the Startup Terrace has brought to Taiwan. He believes that overseas Taiwanese business leaders will further establish strong ties with companies in the park to help expand their influence and capabilities.

The Ministry of Economic Affairs Small and Medium Enterprise Association established the Startup Terrance in 2017 at the site of the Universiade Athletes’ Village. The park offers offices, accommodations, co-working spaces, and exhibition space.

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