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The Biotechnology Industry Development Policy

Statistics show that Taipei City has superior competitive advantages as an ideal location for the biotechnology industry in the region. According to the latest surveys, 54 per cent of the biotechnology industry regards Taipei City as the most excellent place for a Biotech Park, the best sites including Taipei Neihu Technology Industrial Park, Biotechnology Plaza in the NanKang Software Park II and the future Shilin Knowledge-based Industrial Park. With this in mind, Taipei City Government is actively contributing to the development of an environment that maximizes the development opportunities for the biotechnology industry in the Taipei City area.

 

Our development policies are centered upon:

 

  1. Forming medical biotechnology industrial clusters by amalgamating biotech talents and techniques from different domestic and international universities, medical centers and institutions.

  2. Focusing the main thrust of industrial development on innovative R&D biotechnology industries and related service industries.

  3. Constructing an axial band of biotechnology industry clusters, including Taipei Neihu Technology Industrial Park, Biotechnology Plaza in the Nankang Software Park II and the future Shilin Knowledge-based Industrial Park.
 

In a manifestation of this policy, seven strategies and practical plans have been launched since 2002 and all are now being implemented effectively. We invite you to join the prosperity that the development of the biotechnology industry offers in Taipei City.

 

Strategy 1

 

The establishment of the Development Organization and the Service Contact Window

 

  1. On September 1, 2001, the Taipei City Biotech Industry Development Commission was founded. Its mission includes the formulation of policies and plans for Taipei City’s biotech industry development and supervising the execution of the resulting plans.

  2. In January, 2002, the service contact window was established providing a comprehensive information inquiry service about biotechnology industry development policy, investment incentives and related legal affairs in Taipei City.
 

Strategy 2

 

Providing Investment Incentives

 

  1. The biotechnology industry is included in the Local Self-governed Stipulations of Private Investment Incentives, which provide, for example, subsidies for loan interests (a two-year subsidy, at an annual rate of under 2.5 per cent), taxes (exemption of house tax and land value tax for the first two years and a fifty per cent reduction for the following three years), human resources training and development (training sessions held by Taipei City Government are free; fifty percent subsidies apply to external training sessions), rental for real estate, and relaxing of restrictions on transferring real estate from Taipei City.

  2. In order to encourage innovation, local regulations for subsidies for official or private organizations in Taipei are now being formulated for biotech firms’ R&D and patent application fees. Guidance aimed at helping biotech institutes develop industry is also available.
 

 

 

Strategy 3

 

Investing in the Biotechnology Industry

 

Municipal funds are available for venture capital firms investing in biotechnology or biotech firms in Taipei with potential for success.

 

Strategy 4

 

Promoting the Effect of Clusters

 

  1. Promoting the formation of Taipei Neihu Technology Industrial Park.

  2. Including the biotechnology industry in the planning of Biotechnology Plaza in the NanKang Software Park II.

  3. Planning the Shilin Knowledge-based Industrial Park as the base for the long-term development of the biotechnology industry.
 

Strategy 5

 

Relaxing Administrative Regulations

 

We Review current regulations concerning land-use zoning and the management of construction, in order to simplify the administrative procedures for setting up biotechnology operations.

 

Strategy 6

 

Promoting Communication

 

  1. Improving International Communication:
    The best opportunities for sharing information on biotech developments are provided through holding international biotechnological communication activities with private organizations, cooperation with sister cities and inviting experts in the field to share their knowledge at conferences and symposiums.

  2. Promoting domestic cooperation:
    Holding periodical meetings and symposiums for communication between Taipei City Government and the biotechnology industry in Taipei and establishing a biotechnology industry data resource, as well as publishing information on the Internet as an intermediate hub for transferring information
 

Strategy 7

 

Improving Biotechnology Education

 

Providing courses related to biotechnology management and intellectual property law at the request of the biotechnology industry. Providing interesting educational activities concerning biotechnology for citizens, aimed at promoting biotechnological education.