The APEC Accelerator Network (AAN ) launched and maintained by Chinese Taipei now boasts 15 APEC entities and 47 incubators and accelerators worldwide, including the famed US-based Plug & Play. A quick review of the challenges held in the past two years showed magnificent results. 2013 winner Gogolook was successfully acquired by LINE’s mother company Naver for US$18 million while Computerlogy, Thailand-based startup and Evenesis, Malaysia-based startup received an investment of US$1 million respectively after the Challenge. 2014 winner AirSig also saw an investment of US$2 million from Foxconn after its participation in the Intel Global Challenge 2014, making AirSig the most valuable start-up company ever seen in Chinese Taipei. These success stories are solid testimonies to the effectiveness and benefits of AAN and APEC Challenges as a way to gain early-stage funding for start-ups and a springboard to the international community.
In the APEC Challenge 2015, four areas of innovation competition have been revealed by Intel and Siemens. They are 1) Interactive Learning, 2) Immersive Collaboration, 3) Smart Mobility, and 4) Smart Home . The four areas are believed to be where breakthroughs will be made for the information technology and industry of the next generation and will be driving innovation in the transformation, upgrading, digitalization and even smartization of industries. Interested start-ups are welcome to sign-up by June 30 .