MOEA NDF (National Development Fund) Co-Investment
Invests through MOEA NDF with co-investment into Taiwanese startup rounds alongside private investors.
MOEA NDF (National Development Fund) Co-Investment sits under Taiwan's National Development Fund, the Executive Yuan's sovereign investment vehicle. The fund was created to back industrial upgrading, innovation, and technology development through direct investment and financing rather than ordinary grants. The route is recorded as rolling equity support, with tickets from TWD 1 million to TWD 30 million and a co-investment model that matches private capital in Taiwanese startups. Eligibility is centered on for-profit companies registered and operating in Taiwan, which makes it a fit for ventures that already have investor interest and are ready for institutional growth capital. It also suits founders who can anchor the work in Taiwan's industrial policy priorities. The fund's posture is pragmatic: it is designed to crowd in private investors, not replace them. Teams tend to benefit most when they can show commercial traction, a clear technology or market thesis, and a partnership structure that makes the state stake work alongside a private VC or angel lead.
Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.