Taiwan has a vibrant and growing startup scene. In 2015, Taiwanese companies received a total of USD440 Million in venture capital. However, it is still hard for entrepreneurs to raise the seed money they need to get started.
It is even harder if you are a foreign entrepreneur with fewer family around and basically no chance to borrow from the bank.
Dragons’ Chamber will work to bridge the fundraising gap for entrepreneurs who need to raise up to NTD5 million.
The initiative takers to this event are experienced foreign entrepreneurs who have lived in Taiwan for many years and who understand the challenges of fundraising. For years, we have watched the TV show Dragon’s Den offer a platform for entrepreneurs and investors to meet and now we want to do something similar in Taiwan.
Foreign Entrepreneurs in Taiwan contribute a lot to the Taiwanese economy and society. A survey performed by Enspyre on behalf of Taipei Department of Economic Development indicates that companies founded by foreigners have on average twice as many employees and are three times as likely to do international business as the average Taiwanese Small Medium Enterprise (SME).
Canadian Chamber of Commerce in Taiwan
CCCT was established in 1983 by a group of Canadians, in answer to the absence of official Canadian representation in Taiwan at that time. We have been delivering results to the business community in Taiwan since 2013.
Since its inception, the Chamber has grown from an organization providing basic support to Canadians on the island, to a Chamber serving the needs of all Canadians and friends of Canada in Taiwan. In 1984, the Canadian Chamber of Commerce in Taiwan was officially registered with the Ministry of the Interior as a foreign association – the first of its kind in Taiwan.
The CCCT’s Small Business Network’s goal is to connect small business owners in Taiwan. Through the Dragons’ Chamber, which is the first event of its kind in Taiwan, we aim to connect small business owners and entrepreneurs with industry leaders in Taiwan that are looking for good business ideas.
Co-founded by Swedish national Elias Ek in 2002, Enspyre is Taiwan’s premier B2B marketing company. They service companies like Oracle, eBay, Financial Times and hundreds more. Enspyre also provides phone answering services to startups and SMEs.
Enspyre and Elias has been involved with events for foreign entrepreneurs since 2005.
In 2013 Enspyre published the book How to Start a Business in Taiwan to help mainly foreign entrepreneurs get their companies started in Taiwan.
Elias Ek is also the co-founder of a more recent startup called Docceo which has participated in many of the pitch events provided in the Taiwan startup community.