NDC (National Development Council Taiwan) logo
Program

NDF Industrial Innovation and Transformation Fund

Funds mergers, acquisitions, and business transformation of Taiwanese companies with private co-investment.

NDC (National Development Council Taiwan)TaiwanEquity

The NDF Industrial Innovation and Transformation Fund is a NT$100 billion co-investment vehicle through which the National Development Fund partners with private-sector investors to fund mergers and acquisitions, spin-offs, and business transformation plans of Taiwanese companies. The fund aims to stimulate private investment, promote industrial innovation, create jobs, and reinvigorate Taiwan's economy. Private-sector co-investment is required. This is an equity/co-investment instrument, not a grant program.

BiotechEnergy TechHardwareAdvanced ManufacturingSemiconductors

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.

Last verified: 29 May 2026Source: www.ndc.gov.tw