Announcement Taiwan Reputed University Startups to Taiwan Unicorns (The TRUST-U Program)- Selection Results of the Third Draft
The TRUST-U Program, under the Ministry of Science and Technology, aims to establish the innovation ecosystem and enhance collaboration between universities, businesses, and research institutions. It also plans to facilitate and expedite the commercialization of Research and Development (R&D) results from academic research teams. The TRUST-U Program encourages university research teams to translate their advanced and innovative industrial technologies and key intellectual properties into products. After the financial support provided by the program, the teams must seek for capital investment to become startups that can exit to be IPOs or mergers and acquisitions (M&As) in future.
The application deadline for the third draft was on September 5, 2017. A total of 20 schools submitted 44 applications (37 new projects, 7 continuing projects, one of 7 continuing projects withdrawing its application). After the preliminary review and secondary review, a total of 9 projects were finally selected (3 new projects and 6 continuing projects).

Selection results of the third draft: