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NDF Industrial Innovation and Transformation Fund

NDF Industrial Innovation and Transformation Fund

Funds national industrial transformation in Taiwan through co-investments for restructuring, spin-offs, and growth plans.

OpenNDC (National Development Council Taiwan)Taiwan
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About

The NDF Industrial Innovation and Transformation Fund is a NT$100 billion (approximately USD 3.1 billion) co-investment vehicle established by Taiwan's National Development Fund (NDF) under the National Development Council (NDC). The fund's stated goals are to stimulate private-sector investment, promote industrial innovation, create jobs, and reinvigorate Taiwan's economy. NDF co-invests alongsid…

What this grant funds

NT$100 billion National Development Fund co-investment vehicle partnering with private-sector investors to finance mergers and acquisitions, spin-offs, and business transformation plans of Taiwanese companies.

Key facts
CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Equity
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.TWD 100B
Funding analytics

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Industries

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Eligibility criteria

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Last verified: 22 Jul 2026Source: www.ndc.gov.tw