::: 2015.01.09 Ministry of Economic Affairs promotes SME support strategy – Startup@Taipei
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2015.01.09

Ministry of Economic Affairs promotes SME support strategytitle

Source: Economic Daily reporter Wu Fuxiang

High-growth small and medium-sized enterprises are the largest source of new employment. Based on international experience, they have contributed more than 50%. In order to increase employment, promote innovation, and balance the development of various regions, the Chinese Enterprise Office of the Ministry of Economic Affairs has launched a strategy for supporting high-growth SMEs, hoping to increase the proportion of high-growth SMEs from 4% to 8%.

According to the international definition, the so-called high growth definition is the "number of employees" or "sales" of a company in three years, with an average annual growth rate of more than 20% and at least ten employees.

The Chinese Enterprise Office of the Ministry of Economic Affairs went to the Executive Yuan yesterday (24) to report on the strategy of promoting Taiwan’s high-growth small and medium-sized enterprises. The Director of Chinese Enterprises Ye Yunlong said that high-growth enterprises can promote employment, innovation and balanced regional development. According to international experience, Gao The higher the proportion of growing small and medium-sized enterprises, the more new jobs will be created, which is valued by countries all over the world.

Taiwan added nearly 30,000 small and medium-sized enterprises last year, which is considered very advanced in the world; but it cannot only increase the number or only increase the industries with low knowledge and energy. How to improve their innovative and creative capabilities and prolong the lifespan of small and medium-sized enterprises is exactly what the government is concerned about.

Ye Yunlong said that there is a "trilogy" in fostering high-growth SMEs. The first step is to identify SMEs with high growth potential. Industry-oriented.

The other is to review the mechanism, loosen relevant laws and regulations, and increase the explosive power of enterprises. For example, Ye Yunlong, for example, the study plans to loosen restrictions on the academic experience of foreigners coming to work in Taiwan; provide tax concessions, or investment deductions.

Ye Yunlong also said that high-growth companies also need to actively acquire other companies in order to access channels and brands; perfecting the M&A law is also a necessary issue.

The China Enterprise Office will act as a resource integrator. After the establishment of the corporate database, it will first refer potential companies to the "Innovation and Entrepreneurship Incentive Program", "Entrepreneurship Excellence Program", and "Youth Entrepreneurship Project" for the development of micro-enterprises. "; Later, we will introduce the "High-growth Small and Medium-sized Enterprise Development Promotion Program" of the China Enterprise Department, hoping to develop into a "backbone enterprise" through these supporting resources.