Qualcomm Innovate in Taiwan Challenge – 2019
The Qualcomm® Innovate in Taiwan Challenge (QITC) 2019 supports the development of Taiwan’s ICT ecosystem by identifying and nurturing innovative, new small and medium-sized companies and products. This Qualcomm initiative is a collaboration with Taiwan’s Ministry of Science and Technology (MOST) and Taiwan Tech Arena (TTA) to support the growth of Taiwanese startups in areas such as 5G, cellular connected IoT, machine learning, smart cities, and multimedia with our mobile platforms and technologies.
Building upon Qualcomm’s longstanding support of Taiwan’s ICT ecosystem, QITC 2019 will contribute to Taiwan’s "Asian Silicon Valley" – part of the national policy vision of “Digital Nation, Smart Island”. Qualcomm aims to facilitate the integration of international and Taiwanese innovative ideas and technologies developments to boost innovation in Taiwan, enable new ICT industry dynamics in Taiwan, and raise the competitiveness of Taiwanese start-ups on the global stage.
In addition to a grant awarded to each selected startup, the Challenge offers coaching and technical training, provides access to world-class engineering resources for product development, and encourages startups' protection of inventions through patent filing.
Program Benefits in QITC 2019
Financial Grants to Support Incubation: 10 shortlisted companies will receive grants to support incubation, with additional prize money for the top three finalists at the conclusion of the incubation period.
Patent Filing Incentive: Qualcomm will reimburse each startup USD 2,500 for each utility patent application filed with either the U.S. Patent and Trademark Office (USPTO) or Taiwan Intellectual Property Office (TIPO) which relate to proposals for QITC 2019 (at the prevailing exchange rate). Limited to two patent applications per startup. Please see official rules for full details.
Access to Accelerator Program Services: Qualcomm, with partners such as Taiwan Tech Arena (TTA), will provide workshops and training on a range of topics such as operations, customer development, competitive analysis, product management, finance, human resources, and fundraising. Frequent coaching and mentoring sessions from subject matter experts in these areas will be provided to interested startups.
Ongoing Technical and R&D Support: Qualcomm will offer technical support to all startups at no additional cost, which will include business and technical guidance, as well as problem-solving support from local Qualcomm teams.
Qualcomm Innovate in Taiwan Challenge 2019 is a single cycle incubation from July to December 2019.
Note: the above timeline may be subject to change.