Industrial Innovation and Transformation Fund

The Industrial Innovation and Transformation Fund sits under Taiwan's National Development Fund, the Executive Yuan's sovereign investment fund. It is part of a state finance system built to support industrial upgrading, economic transformation, and stronger value added in Taiwan. This program is the NDF's dedicated route for domestic enterprises that need to reorganize, consolidate, or reshape their operations with public capital alongside private money. The fund provides equity co-investment, not grant support. NDF commits capital with private investors into merger plans, acquisition plans, division plans, and other investment plans that support innovation and transformation. The allocated pool is NT$100 billion, and eligibility covers domestic enterprises that need transformation plus institutional or private investors willing to participate. The route is rolling, uses Chinese-language documentation, and is limited to Taiwan. The best fit is a company with a concrete transaction or restructuring plan rather than an early research project. Applicants need a domestic operating base, a clear case for industrial change, and private capital ready to sit beside the NDF. In practice, this is state-backed industrial finance for scale-up, reorganization, or strategic renewal.

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