Fostering of Scientific and Technological Manpower(2014)

Fostering of Scientific and Technological Manpower(2014)

The Stanford-Taiwan Biomedical Fellowship Program(STB program) is a cooperative program in partnership with Stanford University, and supports multi-year projects intended to train entrepreneurial individuals specializing in the field of MedTech. It is hoped that this program will usher Taiwan's MedTech industry into a new age. A total of 30 STB fellows completed training in the first cohort of STB projects; apart from bringing back a plentiful MedTech innovation and entrepreneurship experience from Silicon Valley, several fellows have already successfully raised funds and established seven startup companies. Two of these startups currently have capital exceeding NT$100 million, some of the startups' products have obtained the European Union CE certification, and iXensor's product was selected in the eHealth Venture Summit and Innovation Award in MEDICA 2014. In July 2014, the Science & Technology Policy Research and Information Center(STPI) signed an agreement with Stanford University School of Medicine for a second phase of STB program, and it is expected that these projects will provide training to 30 MedTech entrepreneurship seed personnel, who will continue to inject dynamism and innovation into Taiwan's MedTech industry.