Since 2015, Taiwan Institute of Economic Research (TIER) has been commissioned by the Small and Medium Enterprise and Startup Administration of the Ministry of Economic Affairs, to establish FINDIT, the Taiwan Startup Information Platform. This project aims to enhance market transparency and information efficiency, to reduce the risks associated with entrepreneurship and investment due to information asymmetry, and to better identify business opportunities in innovation and entrepreneurship.
In addition to building the Taiwan Startup Database, TIER organizes a variety of activities, including fundraising mentorship, lectures, matchmaking events, and the Global Angel & Venture Investment Summit. Our goal is to achieve aforementioned objectives through both online and offline channels, while also improving the funding environment to invigorate the early-stage investment market.
During the period from 2015 to December 2024, 42 matchmaking events were organized. These events were participated by 650 startups and 2,057 investors (total headcount). As of December 2024, the project had created 21,377 matchmaking opportunities for startups, bringing about 183 venture fund investment amounting to NT$4.35 billion (disclosed by 152 startups funding deals) through matchmaking events or mentorship. In other words, nearly 30% of startups received investment afterwards, indicating that one in 4 startups would receive investment, and direct investment accounted for nearly 20% in all funded deals.