Whether are there any restrictions on the industries eligible to apply for subsidies under the Taipei Municipal Self-Governance Ordinance to Promote Industrial Development for the innovative research and development fund? What is the maximum amount of subsidy?
In order to encourage industries to innovate, research and develop, there are no restrictions on the industries investors can apply for subsidies for from the research and development fund. Investors involved in technology development or innovative service research and development plan may all apply. Each plan is limited to one subsidy, with the total amount not exceeding 50% of the overall fund for the plan, with a maximum of NT$5 million.
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