Ministry of Science and Technology - TTA+ iCAN

IAPS Startup Acceleration Program

A. Purpose

IAPS (Centre of Industry Accelerator and Patent Strategy, National Chiao Tung University) is a

university-affiliated and tech-focused startup accelerator. In order to drive the commercialization of

academic R&D results and to advance the growth of tech startups on a global scale, IAPS offers

iCAN project and global acceleration programs at Taiwan Tech Arena (TTA) under the support of

the Ministry of Science and Technology.

In 2020, IAPS’s 4th batch of TTA acceleration program focus on 3 main themes: Investment,

Corporate Innovation and Global Market Entry. We are looking for tech startups in AI, IoT, ICT,

AgriTech, FoodTech, Biomedical Tech, Green Energy Tech, Circular Economy, Digital Lifestyle

Services and Sports Tech to join our IAPS-TTA to receive extensive mentoring and matchmaking

with local and global investors, corporates and other ecosystem builders.

B. 2020 Batch #2 Timeline

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C. Schedule

The application deadline for 2020 Batch #2 is June 15th , 17 ： 00 .

2020 Batch#2

Application Deadline May 15th – June 15th

Program Orientation June 4th

Application Online application

Application Review End of June

In-person Interview July 2nd (tentative)

Announcement 1 day after Interview

Acceleration Program July 15th – November 15th

Admission ~10 teams

Subsidy Application Program Admission to end of November

D. Qualifications

1. A registered startup company or a to-be-registered research spin-off

2. Product/service is tech-based

3. Product/service involves an innovative technology and/or innovative business model

and is in urgent need to grow and scale-up.

D. Application Proposal

Please fill out the Application Online (https://forms.gle/n2MbdW1i4Y7qaGbb7), OR submit the attached application package to IAPS before the deadline, which includes Attachment 01【Application Proposal】, Attachment 02【Affidavit Letter】, and please upload a 10-15 page【Business Plan Deck】. Any late or incomplete submission will not be accepted upon the application deadline.E. Review and Selection Process

1. Application Review

IAPS will invite experts from various fields to review the applications.

2. In-person Interview

1. Invited applicants will give a 6-minute pitch to the judge panel plus 4 minutes of

Q&A (Total 10 minutes).

2. The judge panel will consist of professional investment firms, corporates, angel

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investors and other industry experts.

3. Please have the CEO or core team member to represent the startup and present to the

judge panel.

4. The results will be announced on IAPS’s official website (https://iaps.nctu.edu.tw) , iCAN's website (http://ican-iaps.com.tw/) and our Facebook page.

F. Criteria and Weight

1. Core Technology and Innovation (25%)

2. Market Opportunity and Feasibility (25%)

3. Funding Plan (10%)

4. Team Eexecution (40%)

Criteria Weight Details

1Core Technology and

Innovation25

Core technology barrier

Product/service readiness

Clear identification of potential customers

Clear market positioning

2Market Opportunity and

Feasibility25

Operation strategies and business model

Market and customer needs

3 Funding Plan 10

Completeness of business plan

Financial stability

Investment returns

4 Team Execution 40 Team organization and capabilities

Personality Trait of the CEO

5Business Needs

(for acceleration)

Overseas Market Entry Japan Thailand

Malaysia Singapore India France

Corporate Engagement _______________

Total 100

G. Acceleration Program

1. Once a selected startup is admitted into the acceleration program, the program will run

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for 4 months, where the content and activities will be tailor-made to

each individual startup’s status and needs.

2. The program will provide customized resources such as expert mentoring, domestic

and overseas exhibition opportunities, fundraising and business development

services.

1. Mentorship：The program will invite industry and academic experts from

fields related to the startups to act as mentors, and to give lectures, coaching,

seminars, bootcamps and other activities that are diverse in course content and

depth.

2. Corporate Engagement：In order to drive collaborations between corporates

and startups, the program will provide the network and guidance to effectively

introduce new product and technology into the supply chain of large and

medium-sized corporates.

3. Fundraising：The program will invite venture capitals, angel investors and

corporate investment departments to participate in investor matchmaking events,

business opportunity matchmaking and other related events to maximize

startups’ fundraising channels and opportunities. Multiple partnering funds of

IAPS will also involve heavily during the application review period and

throughout the program.

4. Domestic and Overseas Marketing Channels：The program will provide

exclusive opportunities for startups to participate in various international events

and activities with the support of our global partners (Startup Go!Go! from

Fukuoka, Japan / Accrete Innovation from Singapore / BIC, NSTDA from

Bangkok, Thailand / ISBA from India / TBV Capital from Malaysia), such as

large expos and business matchmaking events.

H. Incentives

1. TTA Residency: 10,000 NTD of space access fee.

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2. Corporate POC/NRE:

a. Qualifications: Signed POC/NRE collaboration with a corporate, to apply for a

subsidy of 0.5 million to 1million NTD.

b. Processes: If the application qualifies for the subsidy, upon completing the

necessary procedures set by IAPS and the designated execution unit, the startup

will first receive 80% of the applied subsidy amount. Upon providing the related

documents, receipts and invoices within the program timeline, and after these

documents have been fully inspected and confirmed by IAPS and the designated

execution unit, the startup will then receive the remaining 20%.

c. The details of the subsidy application guidelines will be provided to the selected

startups of the 2020 #2 batch.

3. International Events: For global events, exhibitions and other opportunities for

exposure that are related to IAPS’s global partners, IAPS can provide subsidies to

selected startups from the program, which can be used toward plane tickets,

accommodation, exhibition booths, market development and related expenses. The

specific amount will be will be determined by IAPS and will follow the official travel

expenses regulations.

I. Rights and Obligations

1. Rights

Selected startups have access to the different resources as arranged by IAPS according

to the different status of each individual startup, including training courses and forums,

1-on-1 extensive expert mentoring, investment, domestic and overseas startup events,

business development, corporate matchmaking, etc..

2. Obligations

(1) Cooperate with the sharing and publishing of startup experience, company

stories, public demos, and to participate in related marketing activities.

(2) Agree to provide IAPS with company status updates, such as company

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introduction, trademark, contact information, investment capital,

sales, operation status, etc., that will be tracked for data collection and analysis.

(3) Provide truthful information about the company. If the reported information is

found to have violated the nature and practice of the current program or is

misrepresented, the program reserves the right to terminate the startup’s

participation in the program and request the return of all subsidies.

J. Other Notices

IAPS reserves the right to change the details of the program.

K. Contact Information

Center of Industry Accelerator and Patent Strategy, NCTU (IAPS)

IAPS-TTA Team (Taiwan Tech Arena)

3F, No.2, Sec.4, Nanjing E.Rd Songshan Dist., Taipei

IAPS-TTA 02-2570-0202 #321 iaps.tta@gmail.com

Whitney Tu whitneytu@nctu.edu.tw

IAPS-iCan Team (Integrated Cross-campus Accelerator Network)

R508, Microelectronics and Information building, 1001 University road, Hsinchu

Viola Sun 03-571-2121#54276 violasun@nctu.edu.tw

Janet Lee 03-571-2121#54275 janetlee@g2.nctu.edu.tw

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Attachment 01 IAPS Startup Acceleration Program: TTA+ iCAN

Application ProposalCompany

Name

Industry/Field

(You can choose up to 3 options.)

□ Green Energy Tech □ Biomedical Tech □ Smart Machinery □ IoT □ ICT □ Arms Industry & Defense □ AgriTech □ Circular Economy □ AI □ Digital Lifestyle Services □ Sports Tech □ Others________________

Company Owner

Number of Core Team Member/Shareholding

Ratio

Number of core member

Tax ID Number

Shareholding ratio (%)

Paid-in Capital

Million USD Telephone Number

Authorized Capital

Million USD Company Website

Date of Incorporation

Month, Date , YearTotal Number of

Employees

Briefly describe your Company and

product (in Chinese)

(If you are a foreign startup, please omit this part.)

Briefly describe your Company and

product (in English)

Client Composition

□ 75+ % are non-Taiwanese clients □ 50+ % are non-Taiwanese clients□ 25+ % are non-Taiwanese clients □ 10+ % are non-Taiwanese clients□ 1+ % are non-Taiwanese clients □ Taiwanese Market Only

Market Entry Status

Current and Future TargetMarket (can choose more than one, or none)

□ North America ________________ □ Europe_____________________□ Asia_________________________ □ Others______________________

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Revenue Sources

□ Has existing revenue sources, main sources of revenue are _______________________________________________________Revenue in last fiscal year _________________USD__

□ Doesn’t have existing revenue sourcesEstimated date of product launch: ____________________

Acceleration Checklist

(*Required)

(You can pick up to 2 options)

□ Fundraising1. Funding Timeline & Plan：______Month, Year______，Amount raising: _____million (NTD)2. Latest external investment Round:_____, Investor: ________，Amount:______(USD)，Shareholding %: _________。□ Marketing □ Business Development & Corporate Engagement

□ Governmental Subsidies □ Overseas Market Development □ Prototyping □ Marketing □ Soft-landing for non-Taiwanese startups

Description: ________________________________________________________________________________________________________________

_

Past Participation

in otherGovernment

Program

□ None□ Yes, 1.Year of Participation_______Name of Program___________________2. Year of Participation_______Name of Program___________________

Other Achievements

□ Awards: ___________________________________________________

□ Government Subsides/Grants: __________________________________

□ Venture Capital / Angel Investment:______________________________

□ Other ______________________________________________________

□ None

Contact Information

Name of Company

Representative

Title

Phone E-mail

Name of Title

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Contact Person

Phone E-mail

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Attachment 02

IAPS Startup Acceleration Program – TTA + iCAN

Affidavit Letter

I,____(NAME)____ from ____(COMPANY)_____ agree to the following items:

1. In participating the IAPS TTA + iCAN acceleration program, I confirm the originality of the technology and product I have proposed and will follow the related application regulations.

2. I confirm the ownership of the intellectual property rights of the technology and product I have proposed and do not infringe any other intellectual property rights. Infringements of intellectual property rights will lead to an immediate program disqualification and return all received subsidies to IAPS.

3. I am liable for any plagiarism of other people's idea or infringement of any business secrets, intellectual property rights or other actions that led to a violation of the rights of a third party. I shall bear the costs and legal liabilities should a third-party brings a claim against IAPS.

4. I agree to cooperate with the sharing and publishing of my startup experience, company story, public demos, and to participate in related marketing activities during my participation in the acceleration program.

5. I agree to change the indicated “industry sector” of my company according to the advice of the profession judge panel and issue a statement of change confirmation upon request.

6. During my participation in the program, I agree to cooperate with:

(1) Company Status Tracking: Provide relevant information to the company's operation status, performance, achievements and fundraising status.

(2) Marketing: Share your experience, company stories and program results in the forms of text, video, and photo.

(3) Follow-up Company Status Updates: Cooperate with updating IAPS with the status and plans for your startup company.

7. I agree to authorize IAPS, its TTA program and iCAN program of the Ministry of Science and Technology, to use the information given by my company free of charge for demos, marketing, publicity, and related activities and events.

Signature of Company Owner/Representative：Company Seal:

Date:

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