Why apply for grants? What are the advantages and disadvantages?
Much has been said of the Taiwanese government’s commitment to innovation. However, for foreign entrepreneurs even those with ARCs—permanent residency, obtaining government funding has been nothing short of daunting. Many foreign entrepreneurs who have been encouraged by various government agencies to tap the government well only to come up empty have found the process to be frustrating, leading many to question whether the “free money” is as real as the proverbial pot of the gold at the end of the rainbow.