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Start up in Taiwan to Make a Difference STARTUP GLOBAL PROGRAM

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Page 1: Start up in Taiwan to Make a Difference - Founders Space › files › Garage.pdf · 2016 1. st. SGP . Snapshot . Selection : 58 applications from 19 countries . 15 teams were selected

Start up in Taiwan to Make a Difference STARTUP GLOBAL PROGRAM

Page 2: Start up in Taiwan to Make a Difference - Founders Space › files › Garage.pdf · 2016 1. st. SGP . Snapshot . Selection : 58 applications from 19 countries . 15 teams were selected

Discover Your Partners, Investors, and Markets within 10 Days STARTUP GLOBAL PROGRAM

Page 3: Start up in Taiwan to Make a Difference - Founders Space › files › Garage.pdf · 2016 1. st. SGP . Snapshot . Selection : 58 applications from 19 countries . 15 teams were selected

Asia’s Most Thriving Startup Community to Back up Entrepreneurs

Garage+ Campus 1-min Tour

https://youtu.be/pecZr7u50fk

Garage+ Introduction

Page 4: Start up in Taiwan to Make a Difference - Founders Space › files › Garage.pdf · 2016 1. st. SGP . Snapshot . Selection : 58 applications from 19 countries . 15 teams were selected

Garage+ Snapshot Startups/

International Teams

70 30+

75% Success rate of fundraising

22 90

Mentors Manufacturing Partners

Page 5: Start up in Taiwan to Make a Difference - Founders Space › files › Garage.pdf · 2016 1. st. SGP . Snapshot . Selection : 58 applications from 19 countries . 15 teams were selected

Garage+ Introduction

Rethink Robotics opens the first office in Asia @ Garage+

Page 6: Start up in Taiwan to Make a Difference - Founders Space › files › Garage.pdf · 2016 1. st. SGP . Snapshot . Selection : 58 applications from 19 countries . 15 teams were selected

2016 1st SGP Snapshot

Selection : 58 applications from 19 countries 15 teams were selected

During the 2-week visitation : 65 1 on 1 meetings with potential partners 47 individual press interviews 10000+ buyers/dealers visited during COMPUTEX

1/3 teams are following up with companies for manufacture & investment

Page 7: Start up in Taiwan to Make a Difference - Founders Space › files › Garage.pdf · 2016 1. st. SGP . Snapshot . Selection : 58 applications from 19 countries . 15 teams were selected

Successful Cases

Page 8: Start up in Taiwan to Make a Difference - Founders Space › files › Garage.pdf · 2016 1. st. SGP . Snapshot . Selection : 58 applications from 19 countries . 15 teams were selected

Blocks wearables is the world's first modular smartwatch, a platform for wrist-worn wearable technology sensors. They were invited to join the Startup Global Program in 2015. Afterwards, they added an office in Taiwan at Garage+ to make use of the talents and opportunities in Asia.

The company raised $1.6Million on Kickstarter, and is the 2nd biggest smartwatch company in the history of crowdfunding. Blocks has been featured in all kind of press from Forbes to Techcrunch, won various awards including the Reddot and iF, and has a passionate and growing community of more than 150,000 people. They are working with one of the world largest manufacturer Compal electronics in Taiwan and will be ready for shipment by the end of 2016.

SGP Fellow ‘s Success Story

Page 9: Start up in Taiwan to Make a Difference - Founders Space › files › Garage.pdf · 2016 1. st. SGP . Snapshot . Selection : 58 applications from 19 countries . 15 teams were selected

SGP Fellow ‘s Success Story

It’s essential to develop business in Taiwan because the best and the most experienced OEM/ODM companies are all in Taiwan.

Fred Chak Co-Founder of Blocks

Page 10: Start up in Taiwan to Make a Difference - Founders Space › files › Garage.pdf · 2016 1. st. SGP . Snapshot . Selection : 58 applications from 19 countries . 15 teams were selected

Lucid VR, creator of the first 3D virtual reality consumer camera, joined Startup Global Program 2015. Their product, LucidCam, is a stereoscopic 3D camera which captures the world with its 180 wide-angle lenses to enhance the users’visual, audio, and spatial experience. Through the program, Lucid VR interacted with various Taiwanese industries and angel investors. Since then, they have successfully partnered with Wistron Corporation, a Taiwanese original design manufacturer (ODM) whose clients include Google and Microsoft. Lucid VR will soon be delivering the Wistron-produced cameras to campaign backers and pre-order customers on Indiegogo. Lucid VR has also received funds from S2 Capital, Lab360, TEEC Angel Fund, 17 Miles Technology and other angel investors.

SGP Fellow ‘s Success Story

Page 11: Start up in Taiwan to Make a Difference - Founders Space › files › Garage.pdf · 2016 1. st. SGP . Snapshot . Selection : 58 applications from 19 countries . 15 teams were selected

SGP Fellow ‘s Success Story

Garage+ is the best place for any startup to accelerate their global reach through exceptional mentors, partners and media exposure. .

Han Jin Founder of LucidVR

Page 12: Start up in Taiwan to Make a Difference - Founders Space › files › Garage.pdf · 2016 1. st. SGP . Snapshot . Selection : 58 applications from 19 countries . 15 teams were selected

Thanks to the Garage+ Startup Global Program, ImmerVision was able to connect with Taiwan’s thriving industrial resources and promote itself in the Asian market. The company, from Montreal, has successfully partnered with Quanta Computer, a Fortune Global 500 Company and the world’s largest ODM company of notebook PC and cloud systems with an extensive range of solutions for IoT, wearable, and other innovative products. Together, we will bring live immersive 360° imaging to mobile, Internet-of-Things and virtual reality markets. Through Quanta’s immersive camera solutions integrating ImmerVision advanced 360-degree optics and imaging technology, users will have the ability to capture high-quality immersive photos and videos, and stream them live to be viewed instantaneously on smart devices such as smartphones and VR headsets.

SGP Fellow ‘s Success Story

Page 13: Start up in Taiwan to Make a Difference - Founders Space › files › Garage.pdf · 2016 1. st. SGP . Snapshot . Selection : 58 applications from 19 countries . 15 teams were selected

SGP Fellow ‘s Success Story

The whole experience was absolutely great! Garage + not only helped us with meetings, they also gave us a wonderful location where we could showcase the Quanta product and our technology during Computex 2016.

Louis Brun Marketing & communications director of ImmerVision

Page 14: Start up in Taiwan to Make a Difference - Founders Space › files › Garage.pdf · 2016 1. st. SGP . Snapshot . Selection : 58 applications from 19 countries . 15 teams were selected

Taiwan, despite its little size, is the crossroad of multiple industries and network (OEM/ODM, supply chain, brand names…). That alone makes it an amazing land of opportunities to start a business.

Momday Dok Founder of Kaneoh

The SGP was a great opportunity for myBrain, and Garage+ has been very helpful. The team Is very efficient and dedicated, and they helped us discovering the Taiwanese ecosystem as well as potential partners in Taiwan. Great encounters and useful leads for the future.

Thibaud Dumas Co-Founder of myBrain Technologies

Page 15: Start up in Taiwan to Make a Difference - Founders Space › files › Garage.pdf · 2016 1. st. SGP . Snapshot . Selection : 58 applications from 19 countries . 15 teams were selected

Taipei is one of the best cities to be based in. Smack in the middle of Asia, you can reach all major markets such as Korea, Japan, China, and Singapore within a 3 hour flight. In Taipei, Garage+ is the coolest startup accelerator around, equipped with great mentors, passionate staff, and inspiring fellow startups.

Joshua Owsh Kwon Chief Strategy Officer, Buzzvil

Garage + understood our requirements so perfectly and brought the right resources to us. To know, to learn, and also to collaborate with the best in the industry.

Martin David Co-Founder of Geniey

Page 16: Start up in Taiwan to Make a Difference - Founders Space › files › Garage.pdf · 2016 1. st. SGP . Snapshot . Selection : 58 applications from 19 countries . 15 teams were selected

Garage+ plays an invaluable role in Qnext's go-to-market in Taiwan, Asia, and globally. Participating in Garage+ far exceeded our expectations, surpassing prior incubator experiences that we had around the world, including Silicon Valley.

Gaetan Jeannot, VP Technologies & Product Management of Qnext

SGP not only gives lots of opportunities to meet customers and users for our product, but also system integrators who we are searching for as a partner.

Egbert Jaspers Founder of ViNotion

Page 17: Start up in Taiwan to Make a Difference - Founders Space › files › Garage.pdf · 2016 1. st. SGP . Snapshot . Selection : 58 applications from 19 countries . 15 teams were selected

We had an amazing experience with SGP of Garage+. Taiwan manufacturers who can not only do manufacturing and supply chain, but also value-added design services and engineering. Besides, we got to pitch in front of investors on demo day and got many valuable connections there for fund-raising endeavors.

David Cohen-Tanugi & Sam Shames Co-Founders of EMBRlabs

It's been a wonderful experience at Garage+. I personally never expected so much interest from potential partners, and so many wonderful resources and capabilities at our disposal. I think Taiwan is absolutely the right place to find the manufacturing partner for our product.

Pallav Sharda & Abhijit Kalamkar Co-Founders of Dovetail

Page 18: Start up in Taiwan to Make a Difference - Founders Space › files › Garage.pdf · 2016 1. st. SGP . Snapshot . Selection : 58 applications from 19 countries . 15 teams were selected

Garage+ offers

Page 19: Start up in Taiwan to Make a Difference - Founders Space › files › Garage.pdf · 2016 1. st. SGP . Snapshot . Selection : 58 applications from 19 countries . 15 teams were selected

10-day visitation schedule

Mon Tue Wed Thu Fri Sat Sun

12/5 12/6 12/7 12/8 12/9 12/10 12/11

★ Reception& Orientation

★ Welcome

Dinner

★ Open House Exhibition

★ Potential

Partners Meet-up

★ 1 on 1 meetings with leading companies

★ Beer Game with Local Startups (12/9)

N/A N/A

12/12 12/13 12/14 12/15 12/16

★Deloitte Consultation

★ Demo Day(12/13) ★ Publicity Individual Interview Video Shooting

★ International Startup Night

Departure

Page 20: Start up in Taiwan to Make a Difference - Founders Space › files › Garage.pdf · 2016 1. st. SGP . Snapshot . Selection : 58 applications from 19 countries . 15 teams were selected

Why Start up in Taiwan ?

Page 21: Start up in Taiwan to Make a Difference - Founders Space › files › Garage.pdf · 2016 1. st. SGP . Snapshot . Selection : 58 applications from 19 countries . 15 teams were selected

2-3H SOUTH KOREA / JAPAN

3-4H SE Asia

1-3H BEIJING / SHANGHAI

TAIWAN

Accessible Markets

Page 22: Start up in Taiwan to Make a Difference - Founders Space › files › Garage.pdf · 2016 1. st. SGP . Snapshot . Selection : 58 applications from 19 countries . 15 teams were selected

In Comparison_

Taiwan Japan Shenzhen (China)

IP Protection O O

Regulatory O O

Visa for Entrepreneurs O

Affordable Living cost O

Supply Chain O O

Page 23: Start up in Taiwan to Make a Difference - Founders Space › files › Garage.pdf · 2016 1. st. SGP . Snapshot . Selection : 58 applications from 19 countries . 15 teams were selected

Entrepreneurial Ecosystem _

Asia’s Number 1 country in the 2016 Global Entrepreneurship Index.

~ Global Entrepreneurship and Development Index 2016 Report

Page 24: Start up in Taiwan to Make a Difference - Founders Space › files › Garage.pdf · 2016 1. st. SGP . Snapshot . Selection : 58 applications from 19 countries . 15 teams were selected

Tech Industry

Most influential player in global supply chain. 3/4 production of PCs 1/2 production of LCDs 1/4 production of semiconductors 1/5 production of mobile phones … the above are all from Taiwan

Page 25: Start up in Taiwan to Make a Difference - Founders Space › files › Garage.pdf · 2016 1. st. SGP . Snapshot . Selection : 58 applications from 19 countries . 15 teams were selected

Talents

High-quality and committed engineers

World-renowned expertise in growing international business

Page 26: Start up in Taiwan to Make a Difference - Founders Space › files › Garage.pdf · 2016 1. st. SGP . Snapshot . Selection : 58 applications from 19 countries . 15 teams were selected

More Advantages

World’s 2nd safest city with quality of living Most friendly and affordable environment

with highest density of entrepreneurs

Page 27: Start up in Taiwan to Make a Difference - Founders Space › files › Garage.pdf · 2016 1. st. SGP . Snapshot . Selection : 58 applications from 19 countries . 15 teams were selected

The Best Places for Expats in 2016

More than14,000 respondents living, and working abroad Representing 174 nationalities and 191countries/territories

Page 28: Start up in Taiwan to Make a Difference - Founders Space › files › Garage.pdf · 2016 1. st. SGP . Snapshot . Selection : 58 applications from 19 countries . 15 teams were selected

Taiwan holds 1st place : - Quality of Life - Quality and Affordability of Healthcare - Enviable Financial Situation of Expats Living

34% expats in Taiwan are completely satisfied with their jobs. (Global average of 16%) Expats are similarly enthusiastic about their work-life balance and job security.

The Best Places for Expats in 2016

Page 29: Start up in Taiwan to Make a Difference - Founders Space › files › Garage.pdf · 2016 1. st. SGP . Snapshot . Selection : 58 applications from 19 countries . 15 teams were selected

How to apply?

Page 30: Start up in Taiwan to Make a Difference - Founders Space › files › Garage.pdf · 2016 1. st. SGP . Snapshot . Selection : 58 applications from 19 countries . 15 teams were selected

Qualification

01

02

04

Exploring partners, investors, markets

03

Full-time entrepreneurs

Tech-based start-ups including IoT, HealthCare, Fintech, Cyber Security, Green Tech etc.

Stage: Seed Fund to Series A

Page 31: Start up in Taiwan to Make a Difference - Founders Space › files › Garage.pdf · 2016 1. st. SGP . Snapshot . Selection : 58 applications from 19 countries . 15 teams were selected

Application

01

02

04

A summarized business plan including management team, value proposition, product or service, market projection, marketing strategy, and financial plan

03

PowerPoint is acceptable

Demo Video or Product Photo would be a plus

Send the materials to [email protected]

Page 32: Start up in Taiwan to Make a Difference - Founders Space › files › Garage.pdf · 2016 1. st. SGP . Snapshot . Selection : 58 applications from 19 countries . 15 teams were selected

The zero-equity incubator in Asia supported by Epoch Foundation, an NPO founded by

regional business leaders. The better thing is…

Page 33: Start up in Taiwan to Make a Difference - Founders Space › files › Garage.pdf · 2016 1. st. SGP . Snapshot . Selection : 58 applications from 19 countries . 15 teams were selected

2016 Garage+

www.garageplus.asia

THANK YOU!

PRESENTED BY Elan Huang